ECC exploring Proof of Stake for Zcash
Zcash has relied on Proof of Work (PoW) since launch, but the discussion about moving to Proof of Stake (PoS) has been steadily growing. As Zooko Wilcox wrote in a recent blog post, “The bottom line for me is that switching Zcash from PoW to PoS offers many huge improvements to the utility, security, and decentralization of the Zcash network and to the utility and demand for the ZEC coin.” Here’s a link to Zooko’s post, plus one by ECC CTO Nathan Wilcox:
- Should Zcash switch from Proof of Work to Proof of Stake? (Zooko Wilcox)
- What would a Zcash Proof-of-Stake transition look like? (Nathan Wilcox)
Zcash link roundup
- New releases to help enable Zcash Shielded by Default
- Video: Bitcoin has a privacy problem
- ECC VP of Engineering Steven Smith weighs in on Proof of Stake discussion
- Forbes: Satoshi Nakamoto Collaborator Says His Bitcoin Fork, Zcash, Should Go Proof Of Stake And Wind Down Its Carbon Footprint
- Coindesk: Twitter Picks Former Zcash Developer Jay Graber to Run Decentralized Social Media Wing
- Recent ECC AMA recordings available now
- ReImagine 2021: Decentralization Requires Privacy, an interview with ECC CTO Nathan Wilcox
ECC transitions to user-focused product strategy
From SVP of Growth Josh Swihart: ZEC is at the center of ECC’s mission to empower economic freedom for everyone. It’s the product, and our focus is to improve it. We aren’t the only ones doing this work, but our focus is to help make it better alongside the rest of the community.
We believe a new market-focused approach (as opposed to an engineering-focused approach) will prove incredibly valuable for the ZEC users we seek to serve, the community that we build alongside, and the employees of ECC.
Zooko, Vitalik to discuss Web 3.0 at Messari Mainnet
Don’t miss this important conversation, when ECC CEO Zooko Wilcox, Ethereum Founder Vitalik Buterin and a special guest (stay tuned for this announcement!) get together to talk about interoperability, privacy, scalability, and a future democratized internet. Session time and date to be determined.
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