🚨 $ZEC holders, are you pricing in THIS risk? 👀
In June, a critical bug was found in Zcash's Orchard shielded pool. It could have let someone mint unlimited counterfeit ZEC, and it had been live since 2022.
✅ Patched by hard fork on June 3
✅ Foundation says no evidence of fake supply (turnstile checks passed)
⚠️ BUT the privacy design means nobody can cryptographically prove it was never exploited
ZEC dumped hard on the news, then bounced back.
So the uncomfortable question: if someone DID mint quietly, is this recovery their exit liquidity? 🤔
My take: there's no proof of it, but the uncertainty is still unresolved until the supply-verification upgrade ships. Trade it with that in mind.
📊 What would change your view?
👇 Bullish or cautious on $ZEC here? Drop your take.
#ZEC #Zcash #Crypto #Binance
Not financial advice. DYOR.
In June, a critical bug was found in Zcash's Orchard shielded pool. It could have let someone mint unlimited counterfeit ZEC, and it had been live since 2022.
✅ Patched by hard fork on June 3
✅ Foundation says no evidence of fake supply (turnstile checks passed)
⚠️ BUT the privacy design means nobody can cryptographically prove it was never exploited
ZEC dumped hard on the news, then bounced back.
So the uncomfortable question: if someone DID mint quietly, is this recovery their exit liquidity? 🤔
My take: there's no proof of it, but the uncertainty is still unresolved until the supply-verification upgrade ships. Trade it with that in mind.
📊 What would change your view?
👇 Bullish or cautious on $ZEC here? Drop your take.
#ZEC #Zcash #Crypto #Binance
Not financial advice. DYOR.
