PANews reported on January 9th that, according to a statement from the Zcash Foundation, regarding the establishment of a new Zcash company by the Electric Coin Company (ECC) team, the Foundation reiterated that Zcash is a decentralized, open-source protocol, not controlled by any single team or institution. The network is maintained by independent nodes globally, and the missions of protocol development, research funding, infrastructure, and decentralized governance will continue to advance. The Foundation emphasized that such organizational changes will not affect the operation of the Zcash mainnet, block production and transaction processing are proceeding normally, and user assets and privacy remain secure.