DeFi· ★★★· neutral·

Zcash Foundation says ZRC-20 and CASH are not official protocol features

  • Zcash Foundation does not recognize ZRC-20 as an official token issuance standard
  • CASH is not an official Zcash token and is not the same as the base asset ZEC
  • The foundation said it had no prior knowledge of ZRC-20 or CASH
  • Users are urged to verify issuers, official channels and contracts before interacting
Why it matters: Clarifying what is and isn't part of the Zcash protocol helps users avoid buying tokens mistaken for official ZEC ecosystem assets.
Source: TokenPost