Zcash shot past the $500 threshold as whispers from founder Zooko spread about tachyon’s formal verification finally proving the shielded pools are free of sneaky counterfeiting tricks. The project sits right on the edge of delivering that math proof which would finally kill the old privacy versus supply check dilemma π€
The Orchard Flaw That Sparked Ironwood π
Tachyon dropped fresh updates on verifying the upcoming ironwood shielded pool after a recent vulnerability popped up in orchard. A shielded labs researcher named taylor hornby spotted a counterfeiting issue in orchard during may and though it got patched in a network upgrade everyone agrees it never saw real use. The hidden nature of the bug pushed the community toward building ironwood from a patched orchard base complete with a turnstile that lets users shift funds over while proving nothing shady happened before. Old orchard payments will shut down after the move locking in an upper bound on total zec supply.
Multi Layer Security Push With AI And Proofs π·οΈ
Fixing the flaw alone felt insufficient so the team launched a broad verification campaign mixing deep audits frontier ai analysis and formal math checks to lock down ironwood.
ZEC is facing a key resistance around $480 where a descending trendline and horizontal meet creating compound resistance. The rejection actually strengthened the setup by pulling price back to retest the trendline
β Ardi (@ArdiNSC) May 2025
Zec climbed from around $410 up to briefly kiss $500 before easing back near $480 which still leaves it almost 20% higher for the week. Trader ardi notes that if price breaks and holds above $480 it could regain steam and push past $500 again.
Just another echo from the void by iconofsin.eth π