November 7, 2019 Electric Coin Company transfers Zcash trademark to Zcash Foundation.

The agreement between the founders of Zcash (ECC), the privacy centered cryptocurrency, and the independent nonprofit Zcash Foundation, took months of negotiations, with the no cost ownership transfer resulting in a complex usage agreement that ensures no party has independent authority to declare a specific chain of Zcash ‘Zcash’. Described as a bellwether for further decentralization, the change in trademark ownership entails that the Zcash Foundation take responsibility for trademark protections, with costs ECC’ estimate around a quarter of a million dollars since 2016.

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