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Zcash's Ironwood network upgrade has activated, retiring the Orchard shielded pool holding roughly $1.7 billion in ZEC after a counterfeiting bug sat undetected in it for four years. All coins exiting the sealed pool must now pass through a turnstile that caps withdrawals at verified deposits, which prevents any covertly minted supply from ever entering circulation and removes a latent inflation-integrity risk from ZEC's monetary base. Watch the pace of migration out of Orchard and whether exit-gate audits surface evidence the bug was actually exploited, which would reframe the event from precautionary fix to confirmed supply breach.
As a Crypto signal, watch whether it changes price action, volatility, or flows around ZEC.
Original Source: CoinDesk
This page is market information analysis, not investment advice.
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