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ZCash Company is Now the Electric Coin Company to Prevent Confusion

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News achieving Ethereum World News point out that the ZCash Company has rebranded to the Electric Coin Company for the sake of readability. This identify trade is supposed to tell apart them from the ZCash Foundation. The latter is non-profit group that makes a speciality of monetary privateness. The ZCash basis serves the person of the ZCash protocol and blockhain in addition to supporting different packages of zero-knowledge cryptography.

The Electric Coin Company

The complete criminal identify of the ZCash corporate were Zerocoin Electric Coin Company, LLC. For reasonably someday the total identify were truncated to the easier ‘ZCash Company’. The workforce subsequently noticed it have compatibility to embody the brand new identify of Electric Coin Company to offer readability about which entity they constitute. However, the rebranding does now not trade their imaginative and prescient and undertaking. It remains to be the similar. The defined this of their announcement as follows.

So right here we’re: Electric Coin Company. It’ll take us a short time to get the brand new branding proper, release a brand new area and alter out the signal on the place of work, however the identify trade is public, so we would have liked to ensure we have been on file confirming it.

Only the identify has modified. We are the similar workforce, with the similar undertaking: to empower everybody with financial freedom and alternative. We advanced and lend a hand steward Zcash.

What Does the Electric Coin Company Do?

The Electric Coin Company is a gaggle of about 30 other people from all over the world who paintings at the following in relation to the improvement and enhance of ZCash.

  • Build ZCash tool
  • Continually perform cryptographic analysis
  • Perform common safety audits in collaboration with 3rd events
  • Work at the ZCash person revel in such because the reference pockets
  • Engage the group on-line
  • Build vital documentation for ZCash
  • Support exchanges and pockets suppliers with gear for the adoption of ZEC
  • Drive consciousness and adoption of the privateness coin and its generation

Changes to Expect

With the undertaking and actions of the Electric Coin Company nonetheless the similar, what adjustments is the next

  • Company logo
  • New area with all data moved from https://z.cash/
  • Company electronic mail addresses can even trade with the brand new area
  • Social media accounts will replicate the brand new adjustments. They come with the ones on Twitter, Linkedin and Facebook

What are your ideas at the rebranding via the ZCash corporate to the Electric Coin Company? Does the identify trade lend a hand steer clear of confusion with the ZCash basis? Please tell us within the remark segment underneath. 

Disclaimer: This article isn’t supposed to provide monetary recommendation. Any opinion herein is only the creator’s and does now not constitute the opinion of Ethereum World News or any of its different writers. Please perform your individual analysis sooner than making an investment in any of the a large number of cryptocurrencies to be had. Thank you.

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