One of the key companies in the Zcash anonymous cryptocurrency ecosystem, officially called the Zerocoin Electric Coin Company, LLC, but better known as the Zcash Company, announced its own renaming. This is reported in the companies blog.
The Zcash Company is now the Electric Coin Company. We’re changing the name for clarity. Our legal name has always been the Zerocoin Electric Coin Company, LLC, and we’ve been calling ourselves the ‘Zcash Company.’ But, the company isn’t “Zcash.” Zcash is the cryptocurrency we build and support, with the help of others in the community.
Only the name has changed. We are the same team, with the same mission: to empower everyone with economic freedom and opportunity. We developed and help steward Zcash.
Electric Coin Company
The company will keep the website at z.cash “for the community”, and will move to the new domain itself.
The developers have assured users that they will continue to pursue the development of Zcash. It is possible, however, that behind this decision there may be hidden reasons that the former Zcash Company chose not to disclose publicly. Ripple, for example, takes measures to distance its legal background from the XRP cryptocurrency it has issued. Zcash, in turn, is supported by American exchanges such as Gemini and Coinbase, which tend not to confront regulators.