Zcash Governance Dispute Raises Concerns About Privacy and Market Stability

The cryptocurrency community is debating the future of privacy-focused digital currency Zcash, with concerns growing around its governance structure. A recent proposal for a shift to on-chain governance has sparked debate about whether it will compromise the fundamental principles of privacy. Meanwhile, Ethereum co-founder Vitalik Buterin has voiced his opposition to such a change, arguing that it could erode privacy by giving token holders too much influence over Zcash’s operations. Buterin believes that the current governance framework safeguards privacy better than a token-based system.