Electric Coin Co. (ECC) has been working since June to resolve Zcash wallet performance issues that are affecting users of third-party apps Edge, Nighthawk, and Unstoppable.* All three of these mobile wallets utilize the ECC SDK.Our engineers have made progress, however, work remains — including further updates to zcashd, lightwalletd, the ECC wallet SDKs, and the ECC prototype wallet — to fully restore good user experience in the impacted apps.

Releases 5.3.3 and 5.4.2 harden zcashd code and remediate vulnerabilities inherited from Bitcoin Core that may have affected more than 280 chains, according to blockchain security firm Halborn.

Release 5.4.0 introduces a number of performance improvements, an update to correct supply reporting, and a clean up of legacy […]

The Dubai Virtual Assets Regulatory Authority (VARA) recently published its framework law for virtual asset regulation in Dubai, the Dubai […]

This ECC transparency report details company income, expenses, and use of funds during Q2 2022.

In the future, thanks to a revolutionary set of technologies — built on the principles of fair access and decentralization — humanity will experience greater freedom and security than at any point in history. Each individual will enjoy self-sovereignty, and collaboration and creativity will be at an all-time high.

We are making additional performance improvements in 5.3.0 to reduce concurrent memory utilization during scanning among other memory and performance related optimisations in the zcashd node.

This ECC transparency report details company income, expenses, and use of funds during Q1 2022.

Today it was announced the United States Treasury imposed sanctions on virtual currency mixer Tornado Cash, adding it to the OFAC (Office of Foreign Assets Control) SDN list, the list of Specially Designated Nationals with whom Americans and American businesses are not allowed to transact.

We are making additional performance improvements to both the zcashd wallet and full node as part of release 5.2.0.

This release is primarily targeted at improving the validation performance of Sapling and Orchard transactions as well as an incremental improvement to the scan performance of post-NU5 blocks. The release also made improvements to getblocktemplate performance and added Orchard information to getrawtransaction and decoderawtransaction. We will continue to address remaining scan performance issues in subsequent releases.

This Electric Coin Co. transparency report details company income, expenses, and use of funds during Q4 2021.