Zcash shows true colors with PoS move
[..] the best way for ECC to contribute to the Zcash community over the next three years is to release an official ECC wallet on top of a highly interoperable Zcash protocol that leverages proof-of-stake consensus.
This move doesn’t really come as a big surprise for anyone that’s privacy-conscious, as Zcash has always been eager to comply:
Zcash is fully compatible with global AML/CFT standards, including the FATF Recommendations, the European Union’s Fifth Money-Laundering Directive, and the United States’ Anti-Money Laundering regulations.3
With this rebranding, however, Zcash essentially admits to losing the privacy battle (if that was even a real goal) and joins Dash4 on the corporate road to absolute compliance.