Electric Coin Company August 2021 Newsletter

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:

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.

Mainnet agenda

Everything collected, everything hacked

Privacy is security — for individuals, for businesses and for governments, too.


Poster of the month

Today, billions of people in the world do not have access to a fair and open currency or supporting financial services. We build and support Zcash to change that.

Download the poster

ECC hiring for multiple positions

Help us empower economic freedom all over the world. Work on Zcash- and privacy-related projects with a team of scientists, researchers, marketers and software developers who are passionate about building inclusive financial systems.

See open positions