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The Zcash development company ECC plans to promote decentralized digital property ownership and management, and will establish a community working group

Sep 19, 2024 06:29:39

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ChainCatcher news, the Zcash protocol development company Electric Coin Company (ECC) stated in a community forum that the company is initiating a more decentralized process for facilitating Zcash-centered digital property ownership and management. These digital assets include the z.cash website, Zcash technical documentation center, Zcash Twitter account, Cypherpunk Zero website, and assets.

The first phase will be to establish a transitional working group composed of ECC representatives and qualified community members. The working group is accepting applications from the community, with a deadline of September 15.

The working group will be responsible for: establishing standards for assessing shared ownership models; facilitating open dialogue and idea exchange within the community; selecting the most suitable ownership model and owners based on community feedback; and developing a clear roadmap. This will outline expectations and responsibilities for the new structure, including transitional milestones such as the transfer or opening of technical infrastructure and the establishment of new governance mechanisms.

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