The core development team of Zcash, Electric Coin Company (ECC), announced their collective departure yesterday. What was the cause? In simple terms, ECC and the governance body of Zcash, Bootstrap, along with some of its directors (ZCAM), had a falling out over the project's mission — the disagreements are not minor but rather serious conflicts of stance.

Interestingly, these people do not plan to give up. They intend to directly establish a new company to continue developing privacy-related technological solutions. Are there concerns that the Zcash protocol itself might be affected? Swihart explicitly stated: the protocol is completely stable and there will be no issues. The real purpose behind this departure is straightforward — to oppose the destructive interference from the governance layer and to坚持推动"不可阻挡的私人货币"这个初心。