The entire ECC development team resigns after a governance dispute with Bootstrap board leadership.
Departing developers form a new company, however, Zcash protocol and network operations remain unaffected.
ZEC price drops over 19% amid resignations, with trading volume rising nearly 59%.
Zcash developers affiliated with the Electric Coin Company (ECC) have resigned en masse after a governance conflict involving the board of Bootstrap, the nonprofit entity established to oversee and support ECC’s work. The departures were confirmed by ECC CEO Josh Swihart, who said the entire development team left after what he described as a constructive discharge linked to changes imposed by board leadership.
In a public statement, Swihart stated that a majority of Bootstrap board members, including Zaki Manian, Christina Garman, Alan Fairless, and Michelle Lai, had become misa…
Read The Full Article Zcash Developers Quit ECC After Governance Clash With Bootstrap On Coin Edition.
