F2Pool co-founder calls Zcash rally an attention grab
- —ZEC is up 120% in a month, ranking 10th with a $19 billion market cap
- —Founders received 20% of each block reward for the first four years, totaling 2.1 million ZEC
- —Wang called Zcash's privacy feature a marketing pitch with little real usage
- —The ECC development team resigned in January, saying they were forced out
Why it matters: Criticism from a major mining figure casts doubt on the sustainability of ZEC's rally and its top-10 ranking.
Source: Cryptocurrency.tech