The code preparations for the Network Upgrade 5 consensus rules are finished and included in this release. The following ZIPs […]

Electric Coin Co. (ECC) has entered into an agreement with Protocol Labs, the Filecoin Foundation, and the Ethereum Foundation to explore Halo R&D, including how the technology might be used in their respective ecosystems.

ECC will facilitate a non-binding coin-weighted ZECholder poll ahead of NU5 activation to gather sentiment regarding the development priorities for Zcash and Chris Burniske’s proposal to amend ZIP 1014. 

The 4.3.0 release included a change to prevent redundant getheaders P2P requests, to reduce node bandwidth usage. This behaviour could be disabled by setting the config option -nooptimize-getheaders.

For some time, ECC has been considering the possibility of implementing Zcash UDAs (“User-Defined Assets”) to allow the creation of Zcash-“wrapped” tokens. We’re excited about the potential benefits of an economically extensible Zcash protocol made possible with what we're calling ZSAs.

zcashd can now be configured to optionally expose an HTTP server that acts as a Prometheus scrape endpoint. The server will respond to GET requests on any request path.

UAs make Zcash easier to use by removing the complexity of multiple address types. This simplifies the user experience — no more juggling addresses — and increases interoperability between shielded-only applications and transparent-only applications.

NU5 will move Zcash to the Halo proving system, representing the continual evolution of our zk-SNARK technology stack. Unified addresses introduce a future-proof address format that prioritizes shielded adoption.

The purpose of the Scientific Advisory Group is to leverage diverse industry expertise to help guide the scientific evolution of the Zcash protocol and to support the mission of ECC.

This transparency report details company income, expenses and use of funds during Q3 of 2020. ECC received coins at an average of $761,000 a month and realized approximately $553,000 a month in operating expenses.

Electric Coin Co. is pleased to announce our newest board member, Christina Garman. Garman was one of the seven scientists who invented Zerocash, the protocol that would eventually be called Zcash.