Wu said that Zcash core developer Sean Bowe posted an update on the progress of Ironwood over the past 48 hours, stating that representatives from various organizations have held two meetings and reached consensus on multiple protocol and implementation changes, including disabling Orchard pool bundling in Coinbase transactions, using the anchor as authentication data for hardware wallet migration experiences, and the processing order of ZIPs and specifications. Currently, the Ironwood circuit and ZIP 2005 integration draft are under review, and Valar Group has launched the testnet and implemented some wallet-side changes. Sean Bowe stated that formal verification work for Ironwood is still ongoing, with at least three major auditing firms reviewing the Orchard, and multiple AI auditing tools are also inspecting the codebase. The progress is currently smooth.