Zcash Ironwood Upgrade Targets July Activation After Critical Orchard Fix
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13 Articles
Zcash Founder Says Ironwood Will Verify ZEC Supply On Day One
Zcash founder Zooko Wilcox says the proposed Ironwood upgrade will give users immediate, trustless verification that ZEC’s circulating supply is sound from the first block of activation. His comments address a central concern in the Zcash community following the disclosure of a recently remediated Orchard vulnerability: whether users can verify the supply without relying on developers, auditors, or post-hoc assumptions. In a post on X and a foll…
ZEC Price Recovers Above $425 After Zcash Resolves Critical Orchard Bug
Key Insights: Zcash developers used a soft fork and the NU6.2 hard fork to resolve a critical Orchard vulnerability. ZEC price has recovered more than 41% from its June 5 low near $303 after falling over 50%. Oracle’s leveraged ZEC position now shows more than $2.8 million in unrealized profit. Zcash recovered sharply after developers resolved a critical vulnerability affecting the network’s Orchard shielded pool. The ZEC price climbed above $4…
Key news points: Zcash developers completed the Ironwood update plan, with activation scheduled for late July after correcting a critical failure in the Orchard armored pool. Ironwood adds a new armored pool, marks legacy Orchard circuits, allows change notes for migration and redirects future transactions outside the old pool. Its turnstile accounting seeks to keep ZEC's circulating supply verifiablely limited, although developers still cannot …
Zcash Finalizes Ironwood Upgrade To Fix Critical Shielded Pool Risk, Targets July Activation
Zcash's core organizations and protocol developers have finalized the consensus rule changes for Ironwood, the network upgrade that introduces a fresh shielded pool to wall off any counterfeit ZEC a recently patched Orchard bug could have created, with activation targeted for roughly six weeks out. Zcash developer Sean Bowe confirmed the orgs settled the finer details and locked the specific rules, moving the proposal past the design stage and t…
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