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ECC restructuring to raised serve Zcash

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ECC restructuring to raised serve Zcash

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At present, so as to higher serve the Zcash mission, we’re saying a restructuring of ECC, together with layoffs of valued workforce members. Going ahead, ECC will focus our time and experience on particular components of the Zcash mission, and assist transition different components to different organizations within the Zcash neighborhood.

We at ECC have been making an attempt to do an excessive amount of with too few assets, particularly within the final yr and a half because the bear market started to affect our funds. It has change into clear this was limiting our capacity to execute on the issues we’re finest at.

Zcash has grown and adjusted, and in the present day there are various organizations outdoors of ECC who’re additionally dedicated to the Zcash mission, lots of them funded by the Zcash Dev Fund, together with the Zcash Neighborhood Grants committee, Zingo Labs, Nighthawk Apps, the Zcash Basis, Zcash Media, the Zcash International Ambassadors program, and plenty of different people and organizations. There are additionally the promised contributions to Zcash by QEdit and Shielded Labs and by the Filecoin and Anoma tasks. We’re grateful to those individuals for his or her contributions to the Zcash motion, and by committing ECC to doing fewer issues and doing them nicely, we hope to additional empower them, making Zcash as a broad motion much more resilient and sustainable.

Restructuring ECC was a difficult resolution. It required that we lay off 13 staff — about half of our workforce. Lots of the individuals we let go in the present day have been instrumental in bringing to market groundbreaking applied sciences and concepts that no different workforce on the earth has been in a position to ship. We’re unhappy to half methods with them and can all the time be thankful for the chance we needed to work with these unbelievable people.

Within the coming weeks, ECC will launch a revised roadmap centered on empowering ZEC holders and giving them a voice. This contains:

  • Creating a wonderful consumer expertise for proof-of-stake ZEC
  • A pockets, constructed by and for Zcashers, that’s simple to make use of and accessible for anybody
  • A mobile-wallet SDK that’s helpful to different Zcash builders
  • US-based coverage work to make sure ZEC, self-custody, and staking stay viable within the USA

We are going to assist transition possession to the broader neighborhood of some capabilities ECC has undertaken up to now.

  • Assist for zcashd outdoors of ECC’s Roadmap
  • Protocol overview for Zcash core protocols outdoors of ECC’s roadmap
  • Alliances and alternate assist
  • International regulatory relations
  • Administration of digital properties, together with z.money and the Zcash-specific social accounts
  • Product advertising
  • Zcash associated PR and media engagement

Importantly, our immediate-term work on fixing third-party pockets efficiency points continues to be our highest precedence in the meanwhile, and we’re dedicated to releasing zcashd 5.6.0, an up to date lightwalletd, and new cellular SDKs for iOS and Android quickly.

As with all transition, this restructuring of workforce and priorities will take a while to totally settle, and there are another tasks and initiatives which can be nearing completion — such because the relaunch of z.money and a proposal to foster neighborhood possession of this and different Zcash digital properties — that we’ll be delivering to the neighborhood within the close to time period. We’re nonetheless participating on necessary initiatives such because the Filecoin Basis grants and different actions that may profit the Zcash consumer.

That is arduous. I requested the entire ECC workforce to hitch me in my work to serve human freedom. It turned our collective mission, and one thing we’ve all fought for day-in and day-out. Whereas we received’t all have the ability to proceed on this explicit path collectively, I’m assured that within the scope of historical past, every certainly one of us will look again proudly on what we did collectively for human freedom. I’m grateful for all of the workforce members to whom we mentioned goodbye as staff in the present day, and for those that may proceed at ECC. We stay absolutely dedicated to our mission and imagine ECC is now in a a lot stronger place to serve the Zcash mission, each in the present day and into the long run.

I’ll be becoming a member of an ECC-hosted Twitter Areas on Friday, Could twenty sixth, to reply questions from the neighborhood. Please keep watch over @electriccoinco for particulars.



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