The entire staff of the Electric Coin Company (ECC), the team behind Zcash, resigned amid a conflict with their parent nonprofit, Bootstrap. CEO Josh Swihart announced the mass departure on social media, citing governance issues with several board members he believes are misaligned with Zcash's mission. Swihart described the situation as a constructive discharge, where changes in working conditions made it impossible for the team to fulfill their roles effectively. He reassured that the Zcash protocol itself remains unaffected by these personnel changes. Following their resignation, the developers plan to establish a new company focused on creating "unstoppable private money." This shakeup isn't the first for Zcash; it follows a series of senior exits, including Swihart's own rise to CEO in December 2023 after Zooko Wilcox stepped down. Just weeks before the mass resignation, ECC had announced an internal reorganization aimed at streamlining operations and aligning development more closely with user experience. The recent events signal significant instability within the Zcash ecosystem and raise questions about its future direction.