Zcash Ironwood Upgrade Makes Progress: Multiple Organizations Reach Consensus on Key Specifications in 48 Hours

ZEC-1.47%
According to Sean Bowe, a core developer of Zcash, protocol developers reached consensus on multiple Ironwood upgrade specifications over the past 48 hours, including disabling Orchard bundle transactions in coinbase transactions, using anchors for hardware wallet migration, and determining ZIP processing order. Valar Group has completed testnet deployment and implemented wallet-side changes, while formal verification work continues with a team meeting scheduled to finalize verification strategy tomorrow. At least three major audit firms are conducting security audits on Orchard, and multiple AI audit tools have been deployed in parallel.
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