2026-01-09 09:25:08

Zcash has recently undergone a major organizational restructuring. According to the official announcement in December, Electric Coin Company (ECC) announced the launch of a significant reorganization plan. This is not a scam or exit scam, but a strategic structural optimization.

Specifically, ECC will officially dissolve, but the story does not end there—the core development team will spin off into two independent non-profit entities, continuing to focus on protocol-level research and development. More notably, there is a change on the funding side: approximately 57% of the ZEC development fund managed by ECC, which accounts for a large proportion of the total supply, will be transferred entirely to a new, community-driven entity called the "Zcash Ecosystem DAO (ZEDA)."

The market's reaction to this news was quite intense. Due to the involvement of team structure changes and large token transfers, many investors interpreted it as a significant risk signal, leading to a wave of panic selling. Prices dropped accordingly, and the overall market sentiment temporarily became unstable. This reminds us that when interpreting project developments, we should be vigilant about genuine risks and also learn to distinguish between restructuring and risk.

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WalletInspector

· 01-11 08:54

You know, this move is really quite bold—57% of the funds directly transferred to the DAO? Wait, does this really prove that decentralization is not just a gimmick? Another restructuring misunderstood by the market, the retail investors' reflexes are too quick. The dissolution of ECC sounds scary, but the core team is still here, it doesn’t feel like they’ve run away. This is true decentralization of power, much better than just slogans. I just want to know if ZEDA is reliable or not, community governance and all... hey. Another panic buying opportunity was missed in vain.

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GreenCandleCollector

· 01-11 06:22

Another wave of collective panic, a classic case of "selling off when seeing team changes." The recent moves with ZEC are actually quite transparent; transferring 57% of the development fund to DAO isn't necessarily a bad thing. The real exit scam is quietly deleting code repositories, which clearly promotes decentralization. The market reaction is so intense, purely an overreaction, but that's why psychological preparedness is important. Wait, two independent non-profit entities? Are they building multi-signature wallets or truly decentralizing? Honestly, I favor this direction; it's healthier than ECC's monopoly. Another moment of retail investors getting liquidated. I actually want to buy the dip.

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governance_ghost

· 01-09 19:40

It's the same old story, ECC disbanded just to scare the retail investors away. Disbanding the team and then decentralizing—no matter how you think about it, it just feels weird. 57% of the funds go to DAO? That's called community-driven in a nice way; honestly, it's just throwing a tantrum and selling off. ZEC's overreaction this time was indeed excessive, but who asked them not to communicate clearly? Reorganization is just reorganization; why make it so mysterious? No wonder the market panicked. Is this really true decentralization? I want to see where ZEDA can actually use these funds. Another case of a "information gap" causing a sharp drop—just wait for the rebound.

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JustAnotherWallet

· 01-09 09:54

57% of the funds are directly handed over to the community DAO? That's a pretty bold move, no wonder the market reaction is so strong. --- Another "this is not a run" scenario, with the price dropping first and then saying so... sounds familiar. --- ECC disbanded and then split and reorganized, basically just changing the shell to keep playing. --- I just want to know who is really in control of ZEDA. Community DAO sounds great, but what about in reality? --- As soon as I see "strategic structural optimization," I know the value will drop. It’s always like this. --- So has the core development team left? Feels like this hasn't been explained clearly. --- Is it really not a run? Then why is my ZEC dropping? --- Community-driven DAO holds 57%. It seems like decentralization is a good thing, but is it really reliable in practice?

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alpha_leaker

· 01-09 09:44

It looks like yet another nerve-wracking "wolf coming" drama I think the core issue with this thing is—when information asymmetry exists, the market is prone to impulsive reactions Crypto investors are all like this, hearing "dissolution" or "fund transfer" and reacting instantly, without asking questions, just starting to sell off Is that reasonable? Maybe not, but the reality is just so harsh

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DegenWhisperer

· 01-09 09:43

Another one saying "It's not a run, it's optimization." Hearing this kind of excuse too often can be a bit troublesome. ZEC's recent moves are indeed quite aggressive, with 57% of the fund directly transferred to DAO? It's not surprising that the market reaction is intense. By the way, whether this kind of decentralized DAO takeover is a good thing or a hidden risk... depends on how it operates in the future.

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faded_wojak.eth

· 01-09 09:33

ZEC's recent moves are really quite bold, and the dissolution of ECC sounds pretty alarming. Although it's described as a strategic adjustment, the market is still panicking. When will we be able to clearly distinguish between restructuring and fleeing? 57% of the funds have been transferred to DAO control, which means more decentralization... but it can also be quite adaptable. These kinds of news are most likely to trigger irrational sell-offs. Unfortunately, many people start dumping just by reading the headlines. Human nature is like that—asking questions before understanding? Haha

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CompoundPersonality

· 01-09 09:30

Another wave of panic selling, I've seen this too many times Wait, community DAO taking over the development fund? That logic is quite interesting Running away for what? It's clearly about decentralized upgrades, okay? The market just loves to see shadows in the moon 57% of the funds transferred, daring to do this shows the team still has confidence I just want to know, after this adjustment, will ZEC's governance really become more transparent? Another good show of the leek farmers cutting each other, wait until things stabilize before entering The way of the Dao is the Dao, understanding is understanding, but looking at the trend still makes me a bit uneasy Rather than guessing, it's better to directly see how the subsequent ecosystem construction goes, and then judge

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AllTalkLongTrader

· 01-09 09:27

To be honest, this wave of operations is actually decentralizing, but retail investors don't understand and start dumping. I think it's quite imaginative. The disbandment of ECC sounds scary, but the flow of funds into DAO is the real highlight. Isn't this just decentralization of power? Another wave of panic selling with a stampede-like effect. Once the rumors pass, someone will probably regret it. ZEC's current move is actually testing true community governance, but the timing is indeed not very good. The market still feels too impatient. When people don't understand, they just sell. This habit needs to change. Just focus on the team continuing to develop technology, I’m not too worried about the exit scam. This adjustment for ZEC should be a long-term plus for the ecosystem, but in the short term, it has to endure this wave of irrational selling. Let's wait a bit longer. Such panic often presents opportunities.

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CryptoPunster

· 01-09 09:25

It's the same old "strategic optimization" talk, and I'm already getting ear calluses from hearing it. 57% of funds have shifted to DAO; sounds good, but in reality, it just means handing over the wallet to the "community," and whether you're in that community is another story. When the market heard ECC was going to dissolve, they immediately dumped the price—what a reaction—so it turns out that restructuring equals a prelude to跑路 (runaway), I’ve learned that. By the way, ZEC this time is truly the "good news comes first, then drops three feet" example, with the ability to turn good news into bad news in minutes, a unique skill in the crypto world. Reorganization doesn't equal risk? Then why do I feel differently about my positions? This move is either genius-level or a trap set for oneself; anyway, the retail investors are just guessing.

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