‘Not good for Zcash’ – ZODL founder pushes back against Crosslink upgrade

The Zcash ecosystem is divided on the proposed Crosslink upgrade that seeks to bring a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus system. The broader community seems against the proposal. Even the two leading ecosystem developers, Zcash Open Development Lab (ZODL) and Shielded Labs, have divergent views on Crosslink. In an X post, Josh Swihart, ZODL founder and former ECC CEO, acknowledged that they started the project in 2021 but later shelved it, calling it a ‘distraction.’ Shielded Labs, another ecosystem developer, revived it in 2024. But Swihart warned that the speed benefit from the proposal does not warrant the risks. Adding a staking layer adds protocol complexity and new security assumptions. The finality gain doesn't warrant the risk. Zcash should stay on Nakamoto consensus.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to AMBCrypto.