Introducing the New CEO of Zcash
Zcash, a popular privacy-focused cryptocurrency, has announced that Josh Swihart will be taking over as the new CEO of its developer, the Electric Coin Company (ECC).
Stepping Down for Personal Reasons
After eight years at the helm of the ECC, Zooko, the former CEO, has decided to step down to focus on his personal life. In a statement, he explained that there had been a conflation between himself and the company, and he felt it was necessary to separate the two.
Zooko expressed his gratitude for his team and their belief in the mission of Zcash. However, he believes that this conflation is not healthy for him or for Zcash in the long run.
The Amicable Separation
The separation between Zooko and Zcash is amicable. After taking a few months off, Zooko plans to announce his future projects and intentions.
Although he is no longer the CEO, Zooko will continue to be a part of the board of directors of the Bootstrap Project.
A New CEO with a Shared Vision
Joshi Swihart has been working at the ECC since 2018 and has become a core member of the team. Despite occasional disagreements on how things should be done, Zooko and Swihart share a common vision.
The Bootstrap Project is confident that with Swihart as CEO, Zcash’s future looks promising.
Hot Take: A New Era for Zcash
Zcash is entering a new era with Josh Swihart as its CEO. The decision for Zooko to step down shows his commitment to personal well-being and the long-term success of Zcash. With a shared vision and a dedicated team, Zcash is poised for a bright future. Stay tuned for updates on Zooko’s next projects and see what exciting developments lie ahead for Zcash.