Cameron and Tyler Winklevoss, the founders of the cryptocurrency exchange Gemini, have announced a significant contribution of $1.2 million worth of Zcash (ZEC) to support the independent development and decentralization of the Zcash protocol. This major private donation is earmarked for initiatives that ensure the sustained evolution and maintenance of Zcash, a leading privacy-focused cryptocurrency.
The twins stated that their donation reflects their fundamental commitment to financial privacy and fungibility, core tenets provided by Zcash’s advanced zero-knowledge proof technology. The funds are aimed at bolstering the Zcash ecosystem by supporting independent core developers, funding critical research, and maintaining the infrastructure necessary for the network’s long-term health, ensuring that development remains robust and decentralized.
This contribution comes as the Zcash community continues its efforts to strengthen governance and funding mechanisms outside of centralized corporate structures. The Winklevoss donation provides substantial financial resources to these efforts, highlighting the crucial role that high-net-worth crypto advocates play in fostering the foundational technology underlying the decentralized finance movement and privacy preservation.
Source: Winklevoss twins donate $1.2M in ZEC to back independent Zcash development
コメント