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Wu says he learned that Zcash founder Zooko posted a message explaining the Ironwood network upgrade. The upgrade is expected to be activated on July 28, which will lock the Orchard privacy pool that carries a potential risk of forged ZEC and enable the repaired new privacy pool. Previously, researchers found a critical vulnerability in the Orchard circuit that could potentially lead to forged ZEC, but the official said it believes the vulnerability is unlikely to have been exploited.