Zcash Sets July 28 Date for Ironwood Upgrade to Prove ZEC Supply Integrity
The post Zcash Sets July 28 Date for Ironwood Upgrade to Prove ZEC Supply Integrity appeared on BitcoinEthereumNews.com. Key highlights: The Ironwood upgrade introduces a new private transaction pool, closing the current Orchard pool The update will determine if counterfeit coins were ever created with an exploit that has since been patched ZEC has seen some upside after falling around 50% on the disclosure of the flaw Zcash developers have officially confirmed that the network’s Ironwood upgrade will go live on July 28, after weeks of discussion and preparation. The update is designed to fix the security issue that was discovered earlier this year in Orchard, the blockchain’s shielded transaction pool. Developers maintained that there was no evidence that the bug was ever used. However, the integrity of the network’s token supply still came into question, which is what the Ironwood upgrade is designed to address. Zcash upgrade aims to strengthen supply verification According to Zcas