pull down to refresh

I don't quite follow, but some of this sounds a little off to me:

  • The issue does not affect the privacy of any funds.
  • The issue was identified through routine auditing before any known exploitation.
  • The issue affects only Orchard, Zcash's latest shielded pool.
  • Only Orchard pool transactions will be suspended during the upgrade window. Wallet users will be unable to send or receive Orchard funds until the upgrade is complete.
  • With the exception of the shielded Orchard pool, the Zcash network continues running. Transactions to and from the shielded Sapling and transparent pools are unaffected.
  • ZEC held on exchanges is unaffected and can continue to be traded normally.
  • This issue required a protocol-level change, which took effect at 22:30 EDT on June 1, 2026


source

The #1 reason why adding Zcash style privacy to Bitcoin's consensus layer is a bad idea.

reply
205 sats \ 2 replies \ @siggy47 2 Jun

TLDR: shitcoin

reply
37 sats \ 1 reply \ @kepford 2 Jun

Yep.

The main value of these types of shitcoins that do have a privacy angle is that of a proof of concept. Tech that is not proven can be on them before being considered for bitcoin.

reply

Based on these events... I would call it not proven yet

reply

Traders still YOLOing in.

reply