The Zcash core team establishes a new company and will launch the "cashZ" wallet to promote ecosystem expansion.

PANews, January 9 — Josh Swihart, former core member of Electric Coin Company (ECC) behind Zcash, announced that his team has left ECC and founded a new startup with the goal of expanding Zcash to billions of users. The new company will launch a new wallet called “cashZ” built on the Zashi codebase, and early access applications are now open (cashz.org). Swihart emphasized that privacy should be the norm in the digital world, and Zcash needs an organization structure and scalable governance mechanism with a “cypherpunk spirit” to counter large-scale surveillance trends and achieve true global adoption.