10:00 am on 9 November 2019
Electric Coin Company (ECC) establish and launched the privacy-focused cryptocurrency Zcash (ZEC) in 2016. The company has now donated the Zcash trademark to the Zcash Foundation. The agreement signed between the two companies states that Zcash Foundation will be financially responsible for costs associated with assigning and protecting the trademark. ECC gave the reason why the trademark agreement is important, as it protects the reputation and separates one product from another.