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ME News reports that on July 8 (UTC+8), Zcash native token ZEC rose over 12% on Tuesday, after the team responsible for its privacy pool development said it is nearing completion of a mathematical proof to confirm that the latest Zcash shielded pool does not contain undetectable counterfeit inflation vulnerabilities. This verification work is being advanced by Project Tachyon, targeting Zcash's upcoming Ironwood shielded pool. Zcash founder Zooko Wilcox stated that the project is on the verge of producing a mathematical proof, aiming to prove that the latest Zcash privacy pool has no undetectable inflation vulnerabilities.