We already know that they’re struggling.
- loss of talent over the past years
- hiring freeze (at ECC)
- cash reserves drawing down
- reductions in monthly operating expenses
- reduction of team size(s) and scope(s)
- technical challenges per Wallet Sync/ spam attack/ zcashd → zebra
- PoW miner centralization issues
- CEX listings removed/ under threat of removal
- ZCG grants product deliveries being delayed
- general brand perception of Zcash dropping (relative to crypto peers)
- financial issues related to ZEC going down in value for prolonged time
- negative perception of ECC/ ZF operating as shadow crypto hedge funds, rather than non-profits working to grow the Zcash project