The ZCash Foundation is restarting on the sentiment collection, which is closely related to the future of the development funding at ZCash.

The sentiment collection pollwill be closing on November 30, 2019. And, the summary of the results will be published on December 03, 2019.

ZCash (ZEC) is one of the bestprivacy-centric digital currencies available in the crypto space, next only toMonero (XMR).

Electric Coin Company (ECC) afterlong negotiations have accepted to donate their trademark to ZCashFoundation. Back in 2016, ECC developedand launched ZCash, which was privacy oriented.

An agreement was reached betweenECC and ZCash foundation. After reachingthe agreement, ZCash Foundation is responsible for managing the costsassociated with assigning and protecting the trademark.

The reputation of the project wasrecently in stakes as a malicious counterfeit version of the ZecWalletbelonging to the ZCash Foundation was doing the rounds. The agreement between the two companies is asign of them willing to prevent such events from happening. This willeventually prevent further scams from affecting the community.

The agreement about the trademarkis very important as it helps differentiate one brand from another. It alsoadds to the legality and improves the reliability of ZCash.

Major issues related tosustaining the reputation of the project will be sorted due to trademarkdonation. In recent months, there has beena decline in the price of the ZEC, and the negative trend has notsubsided. Zcash has been hovering near$37.82. The overall market is down by1.7%, and ZCash reflects the market trend.

On Thursday, ECC reinstated, “Noparty has independent authority to declare that a specific chain of Zcash canbe called Zcash. There must be an agreement from both parties, and neitherparty can unilaterally override the will of the community."

The negotiations, according toreliable sources, were painful. Wilcox stated like it was seen the bird leavethe nest. He further added, “As aperson, I am devoted to zcash and can never stop working for zcash and all thatit means for humanity. As the ECC, ofcourse, we can only work for the community if they hire us to do so.”

There are no precedents for agreements of this kind.  The process has been happening over a couple of months though it appears to be trivial for onlookers.  Wilcox stated that having been the face of the cryptocurrency at a point in time, he was not able to make something to happen or not allow something to happen.