Zcash price forecast: ZEC surges 4%, targets new weekly high
The post Zcash price forecast: ZEC surges 4%, targets new weekly high appeared on BitcoinEthereumNews.com. Key takeaways Zcash (ZEC) climbed more than 4% after developers announced progress toward proving its new privacy system is free from undetectable counterfeiting vulnerabilities. Project Tachyon is close to completing a mathematical verification of Zcash’s upcoming Ironwood shielded pool. Zcash’s native token ZEC surged more than 4% on Wednesday after developers announced they are close to mathematically proving that the network’s next-generation privacy system is free from a critical class of counterfeiting vulnerabilities. The announcement restored investor confidence following last month’s disclosure of a security flaw in Zcash’s existing shielded transaction system, helping the privacy-focused cryptocurrency reclaim the $500 level for the first time since early June. Project Tachyon nears verification of Ironwood Shielded Pool The latest update comes from Project Tachyon, the