Gemini, the cryptocurrency exchange expressed that they were the first crypto exchange and custodian to have completed both SOC 1 Type 2 and SOC 2 Type 2 examinations, covering both Gemini Exchange and Gemini Custody™ products.

Electric Coin Company in turn acknowledged stating, Gemini was the first regulated institution to announce Zcash shielded address support (with NYDFS approval), and they continue to be a leader in security and compliance.

Institutional regularities apart, Zcash are hiring.  It just looks like there are lots of opportunities in privacy tech at the moment. Many have to feel that it is just the right time to follow Zcash.

Zcash is getting prepared in many ways to facilitate user adoption. As the Zcash foundation are working their way to provide for user adoption, they are looking to understand the challenges to scaling Zcash.

They are able to understand the limits of the current Zcash ecosystem and therefore are planning to make the protocol and deploy the required changes required to meet the future user demand. These changes will further help the developers to maintain the Zcash network infrastructure well during times of rapid growth.

Zcash (ZEC) Dealing with User Spikes

It is not uncommon to see user spikes in privacy protocols.  To deal with user spikes they have been adding new servers and extra capacity at a record pace.  The Foundation are looking to work towards solutions to deal with the Zcash scalability engineering questions.  They are focused on building a Zcash network, which will scale to a million users.

They are brain storming on whether the community will be able to build the necessary infrastructure over the next 5 years.  They are looking to get protocol changes done to support user growth.  They are also exploring the privacy benefits of additional ZCash usage.

The practical limits of Zcash Protocol is getting assessed.  The limits are getting assessed by adding more nodes like query responsiveness and transaction dissemination latency.

They are also thinking in terms of whether they need to scale out light wallet servers and other ecosystem infrastructures, in resolving the current wallet and transaction limits encountered by mining pools, exchanges, and funding stream recipients, and ensuring that node operators are well-positioned to scale up more nodes rapidly in response to demand.

They are investigating in to how the Zcash network has responded to previous usage spikes to ensure they are preserving user privacy while dealing with scalability questions to make the needed protocol changes, thus ensuring they are preparing to deal with the rapid growth.