Zcash

Z

Zcash

ECC exploring Zcash Shielded Assets ECC is committed to supporting Zcash-Shielded Assets by aligning our engineering plans with the community in the best interest of the mission and ZEC users. For some time, ECC has been considering the possibility of implementing Zcash UDAs (“User-Defined Assets”) to allow the creation of Zcash-“wrapped” tokens. Instead of the term “UDA,” we advocate for the term “Zcash-Shielded Assets,” or “ZSAs,” for better clarity. For example, Zcash-Shielded Assets could include Zcash-Shielded Bitcoin, Zcash-Shielded USDC and Zcash-Shielded Ethereum. It might also include Zcash-Shielded NFTs, DAOs and other novel use cases. We’re excited about the potential benefits of an economically extensible Zcash protocol made possible with ZSAs. We are exploring how this might be accomplished in a way that also supports the ongoing advancement of our mission. electriccoin.co/blog/ecc-exploring-zcash-shielded-assets/