Core Foundation launches Z Protocol for Zcash

Core Foundation is introducing Z Protocol, a new EVM-compatible Layer 1 blockchain designed to enhance Zcash's capabilities. This protocol integrates aspects of Core's Bitcoin scaling solution to bring native EVM functionality to Zcash for the first time. A licensing agreement will direct a portion of Z transaction fees back to Core, with CORE token holders receiving preferential access to Z tokens, including through airdrops.