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News and notes about Electric Coin Company and its work on Zcash

This ECC Transparency Report details company income, expenses and use of funds during Q3 2021.

ECC and its parent 501(c)3 Bootstrap received coins at a value above the operating-expense level for Q2 2021. During Q2 2021 Bootstrap received coins at an average of $1,438,000 a month and incurred average monthly expenses of approximately $655,000.

As part of our due diligence, we embarked on sentiment gathering, market research and economic modeling to better understand the possibilities of ZSAs and tradeoffs of different approaches.

Agoric could be game-changing, both in itself as well as for ZEC users. Now that the Agoric mainnet has launched, we are ready to take the next step of bringing Agoric and Zcash capabilities together.

Last week, in our tertile planning sessions, we set a multi-year “North Star” and codified our plans across departments for the next four months. Everything we do will be in support of this focus: To deliver a world-class user experience for ZEC. 

In ECC's coin-holder poll, participants strongly supported changing Zcash’s mining algorithm away from proof of work as their first priority as measured by weight, receiving 85% of the weighted vote.

ECC and its parent 501(c)3 Bootstrap received coins at a value above the operating-expense level for Q4 2020 and for Q1 2021.

ECC has opened its non-binding, coin-weighted ZEC-holder poll ahead of NU5 activation, to gather sentiment regarding development priorities for Zcash and Chris Burniske’s proposal to amend ZIP 1014.

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.

And we’re planning for a big January release of the Halo Arc product suite, including the NU5-compatible Zcashd, an updated ECC Reference Wallet, updated mobile wallet SDKs, and features that will enable Zcash to be Shielded by Default.

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.