cd20

🚨 ZCASH SEALS $1.7 BILLION POOL AFTER 4-YEAR FAILURE

Zcash activated today the Ironwood NU6.3 update and froze the "Orchard" pool.

📊 WHAT HAPPENED:
1. A bug discovered on 29/05 allowed minting fake ZEC since 2022
2. The Orchard pool had 3.66M ZEC = ~$1.7 billion
3. Ironwood sealed the old pool and opened a new zeroed one
4. The "faucet" prevents withdrawing more coins than it received
5. 1,500 ZEC have already migrated to the new pool

🛡️ IRONWOOD UPDATES:
- Protection against quantum computers (you already knew that?)
- Proof circuit with formal mathematical verification

The good news: There’s no evidence that the bug was exploited.

Meanwhile, the market is falling: BTC -1.81% | ETH -1.54% | CD20 -1.69%

Do you think this update gives Zcash more credibility? 👇

⚠️ Not financial advice.
#Zcash #ZEC #Privacy #CryptoNews #CD20 #Bitcoin