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Privacy coin heavyweight crashes? Zcash reveals "faked" vulnerability, hard to tell real from fake Monkey King
【Plain Language Summary】Zcash has just fixed a serious vulnerability in the Orchard privacy pool, but what truly unsettles the market is not just the "bug," but the fact that this bug could theoretically allow the creation of unlimited fake ZEC within the privacy pool. Before the fix, there was no official on-chain method to prove such an event never occurred.
Bankless's article explains the nature of the vulnerability, why "low probability" is not enough to reassure the market, and how Zcash might rebuild trust through migrating pools and formal verification.
For details, see: