Zcash development team ECC collectively resigns, accusing the governing body of deviating from the project's mission

BlockBeats News, January 8, Zcash (ZEC) core developer Electric Coin Company (ECC) CEO Josh Swihart disclosed in a post that the ECC team has recently left the original organizational structure as a whole and plans to establish a new company. The reason is that its parent governance body Bootstrap (a 501(c)(3) nonprofit organization responsible for governing ECC and supporting Zcash) has shown "obvious and ongoing deviation" from the core mission of Zcash in its governance direction.

Josh stated that in the past few weeks, the majority of members on the Bootstrap board—including Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai from ZCAM—have made decisions that are seriously misaligned with the original intention of Zcash.

According to his disclosure, all ECC members resigned yesterday due to what was described as "constructive discharge" by ZCAM: that is, without directly firing employees, unilaterally changing employment terms and working conditions, making it impossible for the team to continue fulfilling their duties while maintaining professional ethics and technical integrity.
Josh emphasized that the ECC team will form a new company with the same members and mission, continuing to dedicate themselves to building "unstoppable private money."

It is worth noting that the Zcash protocol itself is not affected in any way. This action is not a technical split or a protocol-level conflict, but rather an effort to protect the achievements of ECC over the years and prevent them from being eroded by "malicious governance actions."