Zcash Company to Get New Name

Now the company is called Electric Coin Company, but they will keep Zcash support and development
22 February 2019   650

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.

Josh Swihart 

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.

1st Alternative Zcash Client to be Created by Parity

The responsibility for the continued development and support of the new client called Zebra will be with the Zcash Foundation
18 June 2019   494

The leading developer of solutions for the Ethereum ecosystem, Parity Technologies, presented the first alternative client for cryptocurrency Zcash.

A new client called Zebra is designed to improve the security of the Zcash network. So, if the original Zcashd client will not be able to operate for some reason, the blockchain will be supported by nodes on Zebra.

In addition, with the help of an alternative client, developers will be able to identify bugs and eliminate defects in consensus.

The community wins across the board, as there are now more core developers working on clients, with more interests represented and clients taking different approaches on how to build apps on top. Zcash can now boast a more diversified community that can effectively tailor experiences for Layer 2 developers as well as end-users.

Fredrik Harryson
CTO, Parity Technologies

The responsibility for the continued development and support of the Zebra will be with the Zcash Foundation.