Episode Details

Zcash’s big Ironwood upgrade drops July 28th, fixing a critical bug in its Orchard privacy pool that could’ve let bad actors create fake transactions — essentially printing money. Despite pushback from some in the ecosystem worried about readiness, the core team stands by the date, ensuring security before the switch. The fix forces holders of potentially counterfeit funds to either reveal themselves or lose access. Meanwhile, Zcash hits a major milestone: over 80% of its 21 million ZEC supply is now in circulation — 16.8 million ZEC — showing network growth despite the hiccup. After a price dip when the bug surfaced, ZEC is rebounding, as Ironwood rebuilds trust in Zcash’s privacy backbone.

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