2026-01-09 09:10:51

#密码资产动态追踪 $ZEC The development team behind Zcash, Electric Coin Company, announced a major restructuring last December—not a "runaway," but a complete organizational overhaul.

What exactly happened? First, ECC is splitting up, but this is not a bad thing. The core developers will be redistributed into two independent non-profit organizations, continuing their R&D work at the protocol level. The bigger move is on the funding side—ECC manages a ZEC development fund that accounts for a significant portion of the total supply (57%), and this large sum will be transferred to a new community governance organization, the Zcash Ecosystem DAO (ZEDA).

What does the market think? $BTC $ETH investors were initially frightened by the news of "team dissolution" and "mass token transfer." Panic selling followed, causing the price to plummet. But upon closer reflection, this is actually a decentralization effort—from a centralized company to community DAO governance. In the long run, this could be beneficial for ecosystem governance. The short-term market reaction was excessive, but this is also common in the crypto market.

ZEC3,33%

BTC0,23%

ETH0,86%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
7
Repost
Share

Comment

0/400

TokenTaxonomist

· 4m ago

actually, let me pull up my spreadsheet on this one—57% treasury migration is way more evolutionary than the market's panic-selling suggests, data says otherwise on those knee-jerk reactions tbh

Reply0

AirdropHermit

· 23h ago

Speaking of this move, it's actually quite interesting. Decentralization sounds good, but ZEC's presence has been weakening over the past few years... Can DAO really turn things around?

View OriginalReply0

BlockchainBouncer

· 01-10 15:23

Another "big breakup" farce, the market was startled again haha

View OriginalReply0

SpeakWithHatOn

· 01-09 09:41

It's the same old story. Every time the team reorganizes, the market screams that the sky is falling. I really can't hold it anymore 🙄

View OriginalReply0

TopEscapeArtist

· 01-09 09:30

Another story of "dissolution and restructuring"... I saw that 57% of the tokens were transferred, and I directly shorted. Now the head and shoulders pattern has appeared, this technical aspect is really impressive. The short-term bearish signal is confirmed; don't tell me that DAO governance is a long-term positive. I need to survive long enough to see the long-term.

View OriginalReply0

DeFiCaffeinator

· 01-09 09:23

Oh no, more panic selling driven by market fear... Really, every time I hear "team disbanded," it just dumps the price, never considering that this is actually a good thing for decentralization.

View OriginalReply0

AirdropHunter420

· 01-09 09:18

Another wave of "the team has run away" blunder... Actually, it's decentralization of power. Really, retail investors always find out the truth last.

View OriginalReply0