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AriaNaka

Zcash devs finalized the Ironwood upgrade, adding a new Orchard shielded pool to reduce the risk of unlimited counterfeit $ZEC circulating.



ZEC has now recovered +80% from its intraday low of around $252 on June 5.
ZEC-2.37%
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Lime-ColoredStop-LossLine
· Just Now
Counterfeit money unlimited issuance was once the Damocles sword of ZEC, and Ironwood has essentially put the sword away.
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BlueGlassJelly
· 5h ago
Zcash's developers are really dedicated; since Hal Finney, it's rare to see such persistent cryptography geeks.
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NodeOutsider
· 7h ago
Is this increase a positive upgrade or driven by the overall market? It feels like market sentiment plays a significant role.
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ForkingDrama
· 7h ago
+80% rebound is a bit fierce, but volatility like ZEC's is no longer surprising; the key is whether the fundamentals have kept up.
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SushiSlippage
· 7h ago
Ironwood has finally been implemented, and Orchard's new pool is crucial for controlling the risk of counterfeit tokens. The technological iteration of privacy coins indeed cannot stop.
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GateUser-46c777d0
· 7h ago
Many people are unaware of the risk of counterfeit currency, but Orchard's upgrade can be seen as giving token holders a reassuring boost.
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DuskStop-LossLine
· 7h ago
Orchard's addition makes the shielded pool structure more complex, and the difficulty of auditing has increased. It's hard to say whether that's a good or bad thing.
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SheepOnTheFarSideOfJupiter
· 7h ago
The compliance pressure on privacy coins has always been present; no matter how advanced the technology is, it still depends on regulatory approval. Let's wait and see.
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YieldNotYell
· 7h ago
Bounced back from 252, most of the short sellers have been liquidated. Now let's see if it can hold steady.
View OriginalReply0
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