{"id":67137,"date":"2026-01-09T22:31:32","date_gmt":"2026-01-09T22:31:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=67137"},"modified":"2026-01-09T22:31:32","modified_gmt":"2026-01-09T22:31:32","slug":"zcash-developers-spin-out-new-wallet-after-ecc-breakup","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=67137","title":{"rendered":"Zcash Developers Spin Out New Wallet After ECC Breakup"},"content":{"rendered":"
\n

A day after the Electric Coin Company\u2019s breakup<\/a>, the team behind Zashi said it is spinning out into a new Zcash-focused company and launching a new wallet built from the existing Zashi codebase. The move is framed as an effort to \u201cscale Zcash to billions,\u201d while keeping the group\u2019s work narrowly centered on the Zcash stack.<\/p>\n

In a message<\/a> signed by Josh Swihart, the developers said the new wallet is code-named \u201ccashZ\u201d and will reuse the codebase originally built for Zashi. The team also opened a waitlist for early access, telling existing Zashi users that \u201call you need to do is join the waitlist\u201d and that a migration will be designed to feel as seamless as the current Zashi experience once cashZ is live \u201cin a few weeks.\u201d<\/p>\n

The announcement attempted to answer what it expects will be the community\u2019s first question after an organizational breakup: whether the engineers are still committed to Zcash. \u201cThe entire team that worked at Electric Coin Company and built Zashi is still 100% focused on full-stack Zcash development,\u201d the post said. \u201cWe aren\u2019t launching any new coins, we\u2019re just scaling Zcash. To do that, it required that we leave and start a new Zcash-focused company.\u201d<\/p>\n

Why Zcash\u2019s Core Builders Are Starting A New Company<\/h2>\n

The team said the decision to form a new company came down to three ideas: Zcash\u2019s cypherpunk roots, governance and incentive alignment, and a need to scale.<\/p>\n

In the longest section, the developers cast the past decade of crypto regulation as a kind of prolonged stress test for privacy, describing it as \u201ca decade of compliance theater.\u201d The post argued that privacy-preserving tools are not merely a technical preference but a civil-liberties issue that requires a more assertive posture from the organizations building them.<\/p>\n

\u201cThis effort was not simply about complying with unjust laws. Of course, we must abide by the law, or else be thrown in a cage,\u201d the message said. \u201cBut when the law is unjust, we have a moral imperative to work to change the unjust law. One tool for that is code.\u201d<\/p>\n

From that premise, the team connected Zcash\u2019s mission to mainstreaming privacy online<\/a>, positioning the protocol as \u201ca peaceful global reform movement\u201d and saying that a structure bogged down by internal friction would be poorly suited to that fight. \u201cTo do this, we need an organization that has courage,\u201d it added, arguing for \u201ccypherpunk leadership\u201d and a governance model that \u201ccan\u2019t cut through red tape.\u201d<\/p>\n

A second argument centered on what the post described as chronic misalignment when nonprofits and venture-style startups are intertwined. The team cited recent commentary from Andreessen Horowitz to bolster the idea that crypto\u2019s \u201cfoundation era\u201d is ending, while distinguishing the Zcash Foundation as an example of a standalone nonprofit that can do effective work.<\/p>\n

The critique was not subtle: \u201cNonprofits are about rule-lawyering, while tech startups are about rewriting the rules,\u201d the statement said, adding that nonprofit boards often lack the accountability mechanisms of corporate boards. The team also pointed to heightened scrutiny of US nonprofits and the risk of tax exemptions being challenged, arguing there is \u201cno benefit in keeping a fast-growing technology company under a nonprofit when the substance of the organization is a for-profit.\u201d<\/p>\n

The final section placed the wallet launch inside a bigger ambition: to make Zcash large enough that privacy becomes difficult to marginalize. It framed the strategic choice as binary: \u201cto be so small they can\u2019t see you, or so big they can\u2019t stop you.\u201d<\/p>\n

The post claimed that Zcash has undergone \u201ca complete rebirth\u201d over the past two years, crediting an ecosystem-wide effort and naming contributors including Sean Bowe, genzcash, and Shielded Labs<\/a>, alongside \u201cmany more who prefer to remain unnamed.\u201d That resurgence, it argued, changes the operating environment: \u201cWe are no longer so small they can\u2019t see us. Everyone can see us. We now need to get so big they can\u2019t stop us.\u201d<\/p>\n

For now, the tangible deliverable is cashZ, with the team promising more details later and signaling that execution will be the message. \u201cActions will speak louder than words,\u201d Swihart wrote, urging users to join the waitlist as the developers \u201cboot up\u201d the new wallet and push toward what they describe as \u201conboarding billions to Zcash.\u201d<\/p>\n

At press time, the ZEC price recovered some losses from yesterday\u2019s crash and traded at $436.<\/p>\n

\"Zcash<\/div>\n","protected":false},"excerpt":{"rendered":"

A day after the Electric Coin Company\u2019s breakup, the team behind Zashi said it is spinning out into a new Zcash-focused company and launching a new wallet built from the existing Zashi codebase. The move is framed as an effort to \u201cscale Zcash to billions,\u201d while keeping the group\u2019s work narrowly centered on the Zcash […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-67137","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=67137"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/67137\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=67137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=67137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=67137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}