Ex-Zcash Devs Say ‘See Ya!’ and Launch CashZ Wallet – You Won’t Believe What Happened Next!

Well, folks, gather ’round for the latest episode of “As the Crypto Turns!” 🎭 The former band of merry Zcash developers have collectively said, “Adios!” to the Electric Coin Company! That’s right, they’ve packed their bags and are strutting off into the sunset with a new company called CashZ. 💼✨

Once upon a time, in the land of Electric Coin Company, the staff decided to resign faster than a magician pulling a rabbit out of a hat-poof! New startup, CashZ! 🐇💨
These digital wizards are cooking up a brand new Zcash wallet using the magical Zashi codebase. It’s like cooking pasta from scratch but with more blockchain! 🍝💻
The developers claim this move will help them cook up new features faster than you can say “What’s my password again?” So stay tuned, folks! 🚀

Now, let me give you the juicy details! The core team behind Zcash’s flagship wallet is ready to reboot their magic show under a shiny new banner after a grand exit from the Electric Coin Company. Talk about a drama that puts soap operas to shame! 🎭🔄

On January 8, the ex-boss of ECC, Josh Swihart, announced their new venture: CashZ, the superhero sidekick to Zcash! Same team, same mission – just a different cape! 🦸‍♂️💰 They’re set to release the new cashZ wallet, which is basically like Zashi but with a snappier name. Because who doesn’t love a good rebranding? 📈

Why Did They Jump Ship?

Swihart described their departure as a “constructive discharge,” which sounds fancier than it is. It’s more like when your favorite chair gets thrown out because it has one too many rips. You know it’s time to go! 🪑✌️ According to him, the board’s new policies made it harder for the team to do their thing without tripping over bureaucratic hurdles.

But fear not, dear Zcash fans! Swihart reassured everyone that they’re still totally committed to Zcash. No new token popping out of a hat, just pure dedication to making Zcash bigger than ever! 🌍💪

We are all in on Zcash.
We need to scale Zcash to billions of users.
Startups can scale, but nonprofits can’t.
That’s why we created a new Zcash startup.

– Josh Swihart 🛡 (@jswihart) January 8, 2026

In a statement longer than your Aunt Edna’s holiday letters, Swihart argued that nonprofits are like molasses in January when it comes to keeping up with the fast-paced crypto world. Startups can raise money, make quick decisions, and keep things snappy! 📉🍯

He emphasized that this isn’t a breakup; it’s just a… restructuring! The Zcash protocol remains open source, so no drama there. The show goes on, folks! 🎤🔥

Existing Zashi users will be able to migrate over to cashZ smoother than a hot knife through butter-once the new wallet hits the stage! And guess what? There’s a public waitlist already open for those who can’t wait to jump on this rollercoaster! 🎢📝

Market Madness and the Bigger Picture

And in true drama queen fashion, ZEC prices did a little cha-cha when the resignation news broke. The market dipped, rumors flew around like confetti at a parade, with some folks even saying Zcash was toast! 🍞😱

But our daring crew clarified everything faster than you can say “blockchain,” reassuring investors that Zcash is still alive and kicking under a new structure. Phew! What a relief! 🎉

This saga is a classic tale in the crypto realm. Foundations move slower than a snail on vacation, while startups zoom by like a race car! 🏎️💨 With real technical progress in recent months, CashZ is here to prove that how you organize a project can matter more than the code itself! Talk about a plot twist! 📚🎬

2026-01-09 05:46

Why Did They Jump Ship?

Market Madness and the Bigger Picture

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