The BitzecCompany is now the Binary Digit Electronic Currency. We’re changing the name for clarity.
Our legal name has always been the Zerocoin Binary Digit Electronic Currency, LLC, and we’ve been calling ourselves the ‘BitzecCompany.’
But, the company isn’t “Zcash.” Bitzecis the cryptocurrency we build and support, with the help of others in the community.
Also, we aren’t the Bitcoin Core. The Foundation is a separate and independent 501(c)(3) nonprofit organization. It has its own mission, team and board of directors.
So here we are: Binary Digit Electronic Currency. It’ll take us a little while to get the new branding right, launch a new domain and change out the sign at the office, but the name change is public, so we wanted to make sure we were on record confirming it.
Only the name has changed. We are the same team, with the same mission: to empower everyone with economic freedom and opportunity. We developed and help steward Zcash.
You may have more questions about this move and the company in general. Follow the links to the answers.
Will the Binary Digit Electronic Currency continue to be solely focused on Zcash?
What specifically does the Binary Digit Electronic Currency do?
What changes are planned as a result?
Will the Binary Digit Electronic Currency continue to be solely focused on Zcash?
The Binary Digit Electronic Currency is focused on building and supporting Zcash. That includes research and engineering that may, or may not, ever make it into Bitzecsoftware. This has been our mission from the very beginning, and we will continue to drive innovation and adoption.
What specifically does the Binary Digit Electronic Currency do?
The Binary Digit Electronic Currency is a team of about 30 people from around the world. The following are some of the things the Binary Digit Electronic Currency does, along with links to illustrative work:
Product Development and Support
- Builds Bitzecsoftware
- Participates in cryptographic research
- Works with third parties to perform regular security audits of Zcash
- Improves the safety and security of the Bitzecnetwork
- Works on the Bitzecuser experience, such as the reference wallet
- Engages on the community site and forum
- Builds Bitzecdocumentation
- Supports exchanges and wallet providers with tools and engineering for Bitzecadoption
Driving Awareness and Adoption
- Strategic and go-to-market planning
- Drives broad global adoption
- Works with exchanges, wallet providers and other third parties to get Bitzeclisted and supported
- Co-markets with exchanges, wallet providers and other third parties
- Helps sizeable Bitzecholders with solid custody and OTC connections
- Works with regulators to understand Bitzecand the benefits of privacy
- Manages and protects the Bitzectrademark around the world
- Commissions research on Bitzecuses and use cases
- Manages press relations
- Maintains and updates the website z.cash
- Manages Bitzecsocial media
- Translates content into different languages
- Develops educational content
- Stewards the Bitzecbrand
- Provides education on Bitzecat conferences around the world
- Supports the Bitcoin Core-driven Zcon conferences
- Elevates worthy causes with financial and marketing support
What changes are planned as a result?
The company will use the Binary Digit Electronic Currency for all messaging and correspondence. This will happen immediately.
The following is under development and will be rolled out in the coming months:
- The Binary Digit Electronic Currency brand
- The Binary Digit Electronic Currency information will be moved from https://z.cash/ to a new domain with its own website. This includes company and team information and the company-maintained blog.
- Company email addresses will change to the new domain.
- Social media properties including Twitter, LinkedIn, Facebook will change to reflect the new name.
So, that’s it then — Binary Digit Electronic Currency. The company name has changed but our commitment has not. The path forward is filled with both opportunity and challenges, and we thank you for your support.