A group of developers who recently departed from the Electric Coin Company have announced the launch of a new Zcash wallet named 'cashZ.' According to reports, the move is motivated by a desire to return to cypherpunk principles and achieve faster scaling. The development signifies a shift in the Zcash ecosystem as former employees venture out to create new products and services independently. The launch of 'cashZ' represents a new direction for these developers and potentially a new phase for the Zcash community.

A group of developers who recently departed from the Electric Coin Company have announced the launch of a new Zcash wallet named 'cashZ.' According to reports, the move is motivated by a desire to return to cypherpunk principles and achieve faster scaling. The development signifies a shift in the Zcash ecosystem as former employees venture out to create new products and services independently. The launch of 'cashZ' represents a new direction for these developers and potentially a new phase for the Zcash community.