What has recently happened with ZCash? A seemingly simple personnel change has triggered excessive media interpretation.

Josh announced his departure to start a new company, mainly to reduce the board's control over his new project — the logic here is actually quite clear. But the problem is that major news outlets then began to hype headlines like "ZCash Core Team Departure Wave," with a very tight pacing.

Looking at it calmly, Josh's actions do not mean the entire ZCash ecosystem is collapsing. He is launching a new initiative, not abandoning the existing project. There is an essential difference between the two, but after media manipulation, it has evolved into a different form of public opinion.

This kind of information distortion is common in the crypto community. A personnel adjustment can be amplified into "abandoning ship," and a few pictures can change market expectations. It’s worth reflecting on how we can grasp the core logic of events amid the massive amount of fragmented information without being led astray.