Zcash founder opposes Binance's inclusion of Zcash in the delisting vote, calling on the exchange to recognize Zcash's contribution to the industry
Zooko Wilcox, the founder of Zcash, has recently criticized Binance's decision to include Zcash (ZEC) in the vote for potential delisting. According to him, this decision is unfair and does not accurately reflect the role and value that Zcash brings to the cryptocurrency sector, especially in terms of privacy protection technology.
In a conversation with Foresight News, Zooko emphasized that Zcash is not like "dead" coins or fraudulent projects typically found in delisting lists. He stated:
"Zcash should not be on the delisting vote list, as it has absolutely nothing to do with dead coins or scams. Zcash is a pioneering project in developing zk-SNARK technology — a technology that Binance itself is currently using to protect user privacy."
Furthermore, Zooko stressed that Zcash is continuing to develop the next generation of security technology, which could be the platform that large exchanges like Binance will have to use in the next 10 years to enhance security capabilities and comply with increasingly strict privacy standards.
Zooko calls on Binance to adopt an approach similar to other reputable exchanges like Coinbase, Gemini, and Kraken — platforms that continue to support Zcash and affirm the importance of privacy in the cryptocurrency industry.
