Privacy-focused cryptocurrency ZEC Coin has witnessed a surge in price due to growing interest, fueled by the potential for DeFi applications and institutional investments. However, after reaching its peak, the coin’s momentum has slowed down. This has led to renewed attention on the future of Zcash, particularly around a crucial community vote regarding governance structure. Ethereum co-founder Vitalik Buterin has recently weighed in, voicing concerns about token-based governance and highlighting potential privacy risks if left solely to the discretion of individual token holders. Buterin argues that the current system, while imperfect, is preferable to token voting which he believes could be detrimental to Zcash’s core values like privacy.