Zcash Foundation is now public charity

According to official Twitter account, Zcash Foundation has been granted 501 (C) 3 status - it is now officialy a public charity
26 October 2017   2118

The non-profit organization Zcash Foundation announced the receiving of a charitable organization status. As the representatives of Zcash Foundation insist, this makes it the first charitable organization which activity is aimed at improving Internet payments and creating an infrastructure that would ensure the privacy of user data.

The foundation received the status of organization 501 (c) (3), which provides exemption from some federal income taxes in the United States. Under the rules of the Internal Revenue Service (IRS), for example, organizations are exempted if their activities are pursued by charitable, religious, educational, scientific or literary purposes.

When we were working with our lawyers it was important to me and several of the other board members that we accurately describe our goals—especially with regard to scientific research and public infrastructure. These may be more difficult to explain, and the IRS may be initially less comfortable with those arguments for public goods, but we were more interested in the principle of the thing: online public infrastructure and the science that makes it safe and private are just as much public goods as roads, reservoirs, and clean air or water.
 

Peter Van Valkenburgh
Member of the directors board, Zcash Foundation

It is also noted that the organization will continue to deal with issues of education in the field of crypto-currencies, technologies that provide online privacy and computer networks that manage these tools. However, the Zcash Foundation will also support open scientific research in the field of evidence of zero disclosure and related cryptographic technologies, as well as assist in building a decentralized Zcash network as an open public infrastructure.

Messari to Issue "Crypto Theses for 2020"

According to the report of the analytical startup, Binance and Twitter CEOs Zhao and Dorsey are the top "people to watch" next year
18 December 2019   563

The analytical startup Messari presented a rating of persons and trends that will predetermine the further development of the cryptocurrency market.

Binance Exchange CEO Changpen Zhao is on the first place among people. Researchers responded to the active development of the site and the huge influence of Zhao himself on the opinion of the crypto community.

Second place went to Twitter co-founder Jack Dorsey, who opened a cryptocurrency branch in his payment company Square and promoting the ideas of bitcoin to the masses.

Researchers awarded third place to lawyer Brian Klein, who is currently running the case of Ethereum developer Virgil Griffith, accused of violating US sanctions laws. According to them, in the next decade, the cryptocurrency industry will face many lawsuits.

In fourth place was the director of strategic development of CoinShares investment company Meltem Demirors, who used the term “shtcoin” at the Libra vs. USA congress.

Fifth place went to US Congressman Brad Sherman, who, according to Messari, poses a threat to cryptocurrencies, calling them a tool of terrorists and tax evaders.

Morgan Beller, co-founder of the Libra project from Facebook, took the sixth line of the rating.

MakerDAO Foundation CEO Rune Christensen, who influenced the DeFi ecosystem and managed to solve several critical problems in his own project, is in seventh place.

On the eighth line is Zcash founder Zooko Wilcox, who continues to contribute to maintaining confidentiality in the cryptocurrency market.

The ninth place is held by the founder of TRON, Justin Sun, thanks to the successful acquisition of BitTorrent, Poloniex and Steemit, as well as a scandalous dinner with Warren Buffett.

On the tenth, host of the popular Bitcoin podcast, Peter McCormack. Researchers noted his significant contribution to the popularization of cryptocurrencies and the educational content of his programs.