🚨 Zcash +10% after critical bug fix – here’s what happened

A soundness vulnerability in Zcash’s Orchard shielded pool could have enabled invalid transactions or double-spending. No funds were lost, and privacy was never at risk.

The fix came in two stages:
1️⃣ Emergency soft fork – temporarily disabled Orchard
2️⃣ NU6.2 hard fork – re-enabled Orchard with a corrected circuit

The network stalled for ~4 hours during miner upgrades, but full stability returned quickly.

Market reaction
$ZEC surged 10–13% to $600–630, decoupling from a broad crypto sell-off (BTC -5.8%). Trading volume hit $1.34B as confidence reset.

Why the rally?
✅ Swift, transparent response
✅ No exploitation
✅ Institutional momentum (Grayscale ETF filing, SEC probe closed)

Privacy narratives are gaining traction. ZEC is up ~1,000% over 12 months.

Not financial advice – always DYOR.
#zcash #zec #PrivacyCoin #ZcashSurges10PctAfterCriticalBugFix