Login
Sign Up
Woofun AI reports that Zcash’s native token ZEC climbed over 12% on Tuesday as developers near completion of a mathematical proof confirming the absence of undetectable counterfeit minting vulnerabilities in the upcoming Ironwood shielded pool. This verification effort, led by Project Tachyon, aims to eliminate hidden inflation risks following last month’s disclosure of a serious flaw in the Orchard pool, which had triggered a 40% price drop within two days. Zcash founder Zooko Wilcox confirmed the project is close to producing the formal proof, noting that AI-assisted verification has reduced the timeline from years to weeks. The positive development propelled ZEC above $500, marking its highest level since early June.