CoinVoice has learned that regarding the collective departure of the Zcash development team, the non-profit organization behind the project, Bootstrap, clarified that the governance dispute leading to the team members' departure stemmed from legal restrictions faced when seeking external investment. Discussions have been held on the "alternative structures for external investment and privatizing Zashi," while working with legal advisors to ensure that any path forward complies with U.S. non-profit organization laws, aligns with Zcash's long-term mission, and does not jeopardize the broader Zcash community.
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CoinVoice has learned that regarding the collective departure of the Zcash development team, the non-profit organization behind the project, Bootstrap, clarified that the governance dispute leading to the team members' departure stemmed from legal restrictions faced when seeking external investment. Discussions have been held on the "alternative structures for external investment and privatizing Zashi," while working with legal advisors to ensure that any path forward complies with U.S. non-profit organization laws, aligns with Zcash's long-term mission, and does not jeopardize the broader Zcash community.