Zcash Jumps 12% as Developers Near Proof Against Hidden Counterfeit Bug

ZEC5.45%
After Project Tachyon developers said they are close to formally proving Zcash's incoming Ironwood shielded pool carries no undetectable counterfeiting bug, ZEC token rose about 12%. The network's new shielded pool, set to activate in late July, includes a turnstile mechanism that lets wallets migrate funds from the older vulnerable Orchard pool and helps demonstrate that no counterfeiting occurred. Developers believe no exploitation of the Orchard flaw took place.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments