zacash

Massive AI Flaw Discovered and "Ironwood" Proposed to Save the Network 📉 The crypto ecosystem is shaking after one of the year's most shocking revelations. A critical error in Zcash's ($ZEC) privacy pool "Orchard," which had secretly existed since May 2022, compromised the integrity of the entire coin supply.

What happened? 🤖 Discovered by AI: Researcher Taylor Hornby, using the AI model Opus 4.8, detected a mathematical vulnerability in Orchard's cryptographic circuit.

💸 Infinite and Invisible Coins: The flaw would allow an attacker to generate fake and unlimited ZEC within the privacy pool without anyone noticing. Fortunately, it was patched on June 2 before it could be exploited!

⚠️ Market Panic: Heavyweights like Arthur Hayes completely liquidated their positions in ZEC, arguing that privacy "demands perfection." This caused a price crash of over 30%. The Definitive Solution: The "Ironwood" proposal 🌲 To regain total investor confidence, founders and developers (including Zooko) have just launched the "Ironwood" proposal, scheduled for the end of July. Ironwood will create a new shielded pool and introduce a mechanism that will allow any user with a node to independently verify and 100% transparently that Zcash's circulating supply is correct, without breaking privacy.

💬 What do you think? Do you believe the Ironwood proposal will save Zcash and help the price recover, or has trust already been broken forever? I’m reading your comments! 👇

#ZcashIronwoodProposal

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