Zcash Backer Bootstrap Cites Nonprofit Rules in Split with ECC
Bootstrap, a backer of Zcash, has announced that its split with the Electric Coin Company (ECC) was due to governance tensions. According to reports, the core issue revolved around the limitations placed on outside investments by nonprofit rules. The disagreement seemingly impacted the future of Zashi, potentially a project or entity related to Zcash. The development highlights the challenges that can arise when for-profit and nonprofit entities collaborate within the cryptocurrency space, particularly concerning governance and financial strategies.
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