• Latest
  • Trending
Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

July 19, 2026
Michael Saylor Teases Strategy’s Next Bitcoin Move After Buying Pause and $3 Billion Cash Buildup

Michael Saylor Teases Strategy’s Next Bitcoin Move After Buying Pause and $3 Billion Cash Buildup

July 19, 2026
Sui Launches Gas-Free Stablecoin Transfers At Protocol Level

Pump.fun Sends 81,712 SOL To Kraken As Memecoin Activity Cools

July 19, 2026
SK Hynix vs Micron: Which AI Memory Stock Is the Better Buy Right Now?

SK Hynix vs Micron: Which AI Memory Stock Is the Better Buy Right Now?

July 19, 2026
South Korean Regulator Begins Sanctions Process Against Dunamu: Report

South Korean Regulator Begins Sanctions Process Against Dunamu: Report

July 19, 2026
Best Altcoins to Buy Before the Next Bull Run – Solana, Chainlink, Ondo Top the List

Best Altcoins to Buy Before the Next Bull Run – Solana, Chainlink, Ondo Top the List

July 19, 2026
Inside Zcash’s new node that targets Visa-scale privacy at 50,000 transactions per second

Inside Zcash’s new node that targets Visa-scale privacy at 50,000 transactions per second

July 19, 2026
Binance Unveils 3x bStocks Volume Boost, Giving Affiliates a Fast Track to 50% Rewards

Binance Unveils 3x bStocks Volume Boost, Giving Affiliates a Fast Track to 50% Rewards

July 19, 2026
Sui Launches Gas-Free Stablecoin Transfers At Protocol Level

Sui Launches Gas-Free Stablecoin Transfers At Protocol Level

July 19, 2026
Senator Warren Requests 2026 Reporting for Trump’s Crypto Earnings after $1.4B Disclosure

Senator Warren Requests 2026 Reporting for Trump’s Crypto Earnings after $1.4B Disclosure

July 19, 2026
  • Privacy Policy
Sunday, July 19, 2026
MtRushmoreCrypto - Where Crypto Rocks
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us
No Result
View All Result
Logo
No Result
View All Result
Home Crypto

Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork

J_News by J_News
July 19, 2026
in Crypto, Top News
0
Zcash Founder Zooko Reveals Strategy to Freeze Potential Fake ZEC in July 28 Hard Fork
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Zcash (ZEC) co-founder and lead developer, Zooko Wilcox, has revealed the details of an emergency strategy designed to preserve the coin’s mathematical integrity. The network is preparing for the Ironwood hard fork (NU6.3), which will activate on July 28, 2026, at block 3,428,143 to permanently isolate the vulnerable Orchard pool and lock up any potentially forged ZEC.

The “turnstile” strategy: How to lock up phantom coins

For those who missed it, a critical bug was discovered by Shielded Labs researcher Taylor Hornby that could theoretically have allowed hackers to mint ZEC undetected inside the private Orchard pool. By 2026, developers had quickly fixed the vulnerability at the protocol level and found no evidence that it had actually been exploited. 

However, because the Orchard pool provides complete privacy, no one can guarantee that hidden issuance did not occur before the patch was deployed.


What Could Ignite $100K Bitcoin Rally? Novogratz Names Three Factors


XRP’s Price Health Is on the Line, Did Shiba Inu (SHIB) Finally Bottom? Ethereum’s (ETH) Mini-Golden Cross: Crypto Market Review

Related articles

Michael Saylor Teases Strategy’s Next Bitcoin Move After Buying Pause and $3 Billion Cash Buildup

Michael Saylor Teases Strategy’s Next Bitcoin Move After Buying Pause and $3 Billion Cash Buildup

July 19, 2026
Sui Launches Gas-Free Stablecoin Transfers At Protocol Level

Pump.fun Sends 81,712 SOL To Kraken As Memecoin Activity Cools

July 19, 2026

Zooko’s strategy eliminates the need for blind trust. On July 28, the original Orchard pool will be completely sealed and a new, clean Orchard pool with corrected cryptography will launch in its place.

Ironwood Ironwood Ironwood!

Humanity is going to have a form of money that is unstoppable, private, and has full correctness proofs (formal verification) of some of its key properties, thanks to heroic math by an awesome team led by @TachyonZcash. https://t.co/Z85ktHtoPE

— zooko🛡🦓🦓🦓 ⓩ (@zooko) July 19, 2026

Funds will be transferable from the old system to the new one only through a special turnstile gateway. This cryptographic mechanism strictly controls the balance: it will prevent more coins from leaving the old pool than legitimately entered throughout its entire history.

You Might Also Like

If hidden issuance did occur, the counterfeit ZEC will remain permanently frozen inside the old pool, becoming digital waste. At the same time, any user running a personal node will be able to independently verify the accuracy of the circulating supply.

Cryptocurrency exchanges, wallets, and swap services that have not completed their software testing may temporarily suspend ZEC deposits and withdrawals, but developers emphasize that such pauses are routine technical adjustments on the service providers’ side, not a threat to the security of users’ assets.

Private-wallet holders should also be prepared for their Orchard balances to temporarily appear unavailable.

As of now, ZEC holders only need to wait until July 28, when Ironwood’s cryptographic “turnstile” will demonstrate in practice Zcash’s ability to protect its economy under conditions of strong privacy guarantees.



Source link

ShareTweetShareShare

Related Posts

Michael Saylor Teases Strategy’s Next Bitcoin Move After Buying Pause and $3 Billion Cash Buildup

Michael Saylor Teases Strategy’s Next Bitcoin Move After Buying Pause and $3 Billion Cash Buildup

by J_News
July 19, 2026
0

Key TakeawaysSaylor’s “What’s next?” post showed the company’s 843,775 BTC position but did not disclose a new transaction.Strategy raised $466.7...

Sui Launches Gas-Free Stablecoin Transfers At Protocol Level

Pump.fun Sends 81,712 SOL To Kraken As Memecoin Activity Cools

by J_News
July 19, 2026
0

Pump.fun has transferred 81,712 SOL to Kraken, adding fresh pressure to the Solana market at a time when memecoin trading...

SK Hynix vs Micron: Which AI Memory Stock Is the Better Buy Right Now?

SK Hynix vs Micron: Which AI Memory Stock Is the Better Buy Right Now?

by J_News
July 19, 2026
0

TLDR Micron posted record revenue of $23.86B in fiscal Q2 2026, with margins and cash flow hitting all-time highs SK...

South Korean Regulator Begins Sanctions Process Against Dunamu: Report

South Korean Regulator Begins Sanctions Process Against Dunamu: Report

by J_News
July 19, 2026
0

South Korea’s Financial Supervisory Service (FSS) has reportedly sent an inspection opinion letter to Dunamu, the operator of crypto exchange...

Best Altcoins to Buy Before the Next Bull Run – Solana, Chainlink, Ondo Top the List

Best Altcoins to Buy Before the Next Bull Run – Solana, Chainlink, Ondo Top the List

by J_News
July 19, 2026
0

TLDR Solana is one of Ethereum’s top competitors, with backing from Visa, PayPal, and Worldpay Chainlink provides oracle infrastructure connecting...

Load More

Enter your email address:

Delivered by FeedBurner

Quick Navigate

  • Home
  • Crypto
  • Crypto Technical Analysis
  • Top News
  • Thank You
  • Store
  • About Us

Top News

NFP, FOMC minutes, and CPI span the next two weeks

JPMorgan Targets $250B Stablecoin Market With Ethereum-Based Treasury Fund Launch

The NFT market was ‘oversold’ and prices fell too far, says Yuga Labs’ new CEO

© 2021 mtrushmorecrypto - Crypto Related News Blog

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie SettingsAccept
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • Top News
  • Crypto
  • Crypto Technical Analysis
  • About Us

© 2021 mtrushmorecrypto - Crypto Related News Blog