The performance of ZEC in the past two days caught many off guard—dropping over 28% in 24 hours. It sounds like a market downturn, but in reality, it’s a fallout among the team members.
The management and development team of the core developer company ECC suddenly announced their collective resignation. Why? Because they completely disagreed with the decision-making level of the Zcash Foundation on fundamental issues—how to handle the wallet, which direction to push privacy features, their opinions were worlds apart, and mutual trust had broken down. If they couldn’t continue, the only option was to part ways.
Once this news was released, the market was stunned. Long positions were liquidated, and short sellers started to aggressively add to their positions. Some say this might not necessarily kill the project, but in the crypto community’s perception, the complete departure of the core technical team is essentially equivalent to “hopeless.”
The departing team stated they will continue to develop independently and push forward with the technical direction. However, insiders are worried about a harsh reality: development speed will significantly slow down, the community will lose its central coordination, and the project’s prospects will become extremely unclear. Ultimately, internal division often does more damage to a project than external competition.
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ForkTrooper
· 01-10 22:07
Internal infighting is more toxic than anything else. ZEC is really in trouble this time.
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Same old story, the team disbands and half the project is doomed.
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A 28% drop is the normal reaction. The core team has already left, what are you talking about?
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Independent development? What are you developing? Without coordination and an ecosystem, it's impossible.
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That's how the crypto world is. Once there's a big fuss, no one can save it.
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Privacy coins are already sensitive, and now there's internal strife. They're really going to cool off.
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The short-sellers are hilarious, giving away money for free.
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Losing trust is the scariest part; money is secondary.
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Isn't this just a power struggle? Getting killed by your own people.
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I feel like ZEC really can't come back this time.
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When two factions can't agree, they should split up. Why drag the project down?
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The technical team has completely pulled out. No one will believe in this anymore.
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Splitting up was the right decision. Mutual dragging is a waste.
View OriginalReply0
ChainSpy
· 01-10 20:12
I really think this time it's a bit crazy. The team has all left and they still want to develop independently? Easy for you to say.
ZEC has hit a big problem this time; internal conflicts are more deadly than a bear market.
Ha, another "everyone goes their own way," betting 5 bucks and ending up with nothing.
That's why I stopped touching privacy coins long ago. Projects that management doesn't even trust—why should we believe in them?
Poor longs, waking up to find their positions liquidated. This kind of trading is really impossible.
The team collectively leaves... another abandoned project in the crypto world, it seems.
Talking about independent development—it's just a polite way of saying breakup. Whoever believes that is unlucky.
A 28% drop isn't a big deal; the key is that no one is setting the pace anymore. ZEC might be done for.
View OriginalReply0
ApeWithAPlan
· 01-09 08:58
Internal conflicts are more deadly than anything else. The team has completely fallen apart. How do we deal with this?
View OriginalReply0
ChainBrain
· 01-09 08:52
Another internal conflict drama, ZEC really messed up this time
The entire team has run away, who can handle this
The most dangerous time is when you're watching a good show
ECC and the Foundation are at odds, retail investors suffer
A 28% decline, this is the price of power struggles
The core team has disbanded, can the project still be saved?
Honestly, the biggest fear in the crypto world is when insiders stab each other in the back
Division = death, this logic has been validated with ZEC
Feeling a bit sympathetic to those who followed, but it turned out like this
Can independent development save it? I think it's uncertain
View OriginalReply0
LiquidationTherapist
· 01-09 08:51
It's another case of insiders stabbing each other in the back. ZEC is completely cooled off this time.
If the team all runs away, who can we expect to take over?
ECC and the Foundation are truly hopeless; division equals death.
It's just ridiculous to see privacy coin projects killing themselves.
This is the most feared internal conflict in the crypto world, more deadly than a bear market.
View OriginalReply0
GasFeeSobber
· 01-09 08:46
Another classic internal conflict drama, the entire team ran away, this is truly incredible.
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ECC and the Foundation are fighting, and the unlucky ones are us token holders...
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Wait, they said they will still develop independently? Then who will maintain the ecosystem? Isn't this just a death spiral?
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A 28% drop. I just want to know how many people got liquidated in this wave.
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In the privacy coin sector, each year gets worse, ZEC is no exception.
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The entire development team leaving is basically a death sentence, don’t talk about how strong the technology is.
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I just remembered, some people said ZEC is the hope of privacy coins. Laugh out loud.
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Internal conflicts can kill a project even more than a bear market. We must remember this lesson.
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The community lost its center, independent development sounds good, but in reality, it just fell apart.
View OriginalReply0
OnchainUndercover
· 01-09 08:40
It's the same old story, internal conflicts are always the biggest killers.
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Once the core team leaves, it's over. In the crypto world, that's a death sentence.
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A 28% drop is still relatively cheap. Let's wait and see how it collapses next.
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Independent development? Just listen to that. If they split up, they still want to do well.
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Two dads fighting, the kids suffer the most.
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Privacy coins didn't have much of a moat to begin with, and now there's internal strife—truly the worst.
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Forced liquidation and stop-loss are for the wise; those betting on team recovery are bound to suffer.
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I just want to know if these people can still keep up later on.
The performance of ZEC in the past two days caught many off guard—dropping over 28% in 24 hours. It sounds like a market downturn, but in reality, it’s a fallout among the team members.
The management and development team of the core developer company ECC suddenly announced their collective resignation. Why? Because they completely disagreed with the decision-making level of the Zcash Foundation on fundamental issues—how to handle the wallet, which direction to push privacy features, their opinions were worlds apart, and mutual trust had broken down. If they couldn’t continue, the only option was to part ways.
Once this news was released, the market was stunned. Long positions were liquidated, and short sellers started to aggressively add to their positions. Some say this might not necessarily kill the project, but in the crypto community’s perception, the complete departure of the core technical team is essentially equivalent to “hopeless.”
The departing team stated they will continue to develop independently and push forward with the technical direction. However, insiders are worried about a harsh reality: development speed will significantly slow down, the community will lose its central coordination, and the project’s prospects will become extremely unclear. Ultimately, internal division often does more damage to a project than external competition.