Zcash will activate its Ironwood network upgrade on July 28 to replace the vulnerable Orchard shielded pool after a security flaw was found that could have allowed counterfeit ZEC creation. The upgrade introduces an accounting checkpoint for funds leaving Orchard, helping detect any fake coins if the bug was exploited. Despite a sharp price drop after the flaw's disclosure, ZEC has partially recovered, and over 80% of its maximum supply has been issued. The upgrade confirms Zcash's ongoing efforts to secure its privacy-focused transactions and maintain network integrity.
Zcash will activate its Ironwood network upgrade on July 28 to fix a serious bug in its Orchard shielded pool that could have allowed unlimited counterfeit ZEC coins. The bug was discovered in May and led to emergency patches and forks to temporarily...
Zcash price retreated from the $500 resistance after a strong rally driven by optimism around the upcoming Ironwood upgrade, which aims to enhance privacy features. Despite profit-taking, the price remains above a key $440 support level, with technic...
Zcash has started formal verification of its newly launched Ironwood shielded pool to eliminate undetectable counterfeiting bugs found in the previous Orchard pool, which caused a major price crash. This verification aims to ensure that the new pool ...
Eli Ben-Sasson, co-founder of Zcash, has challenged Bitcoin's fixed supply limit of 21 million coins, suggesting it may not be practical due to lost private keys over time. He proposes replacing the fixed cap with a policy allowing Bitcoin's supply t...
Zcash (ZEC) is at risk of a 30% price decline toward $320-$340 if it fails to break resistance near $500. The price currently tests the upper boundary of a descending channel, with a $1.55 million short liquidation cluster near $500 possibly pulling ...
