The Zcash Foundation clarified it has no official connection to the ZRC-20 token standard or the CASH token, both developed independently by a third party. The Foundation disavowed a recent social media post that mistakenly presented these as official Zcash network features. ZRC-20 operates by embedding token instructions in encrypted memo fields on Zcash transactions without changing the protocol or requiring formal approval. The Foundation urged users to exercise caution and conduct their own research before engaging with these tokens, especially U.S. investors who must consider regulatory implications. Meanwhile, official Zcash network upgrades continue through formal improvement proposals separate from third-party projects.
The Zcash Foundation's disavowal of the ZRC-20 and CASH tokens provides context for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Sep 21, 2026 22:21 WIB: out of 50 major cryptocurrencies, 46 rose and 3 fell. Notable movers include LUNC (Terra Classic) at Rp0,991 with a 9.66% increase and a typical hold time of 193 days, LTC (Litecoin) at Rp1.108.694 up 9.36%, and ADA (Cardano) at Rp4.323 up 9.30%.
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