For a few dark hours on Wednesday Asia time the Zcash chain looked frozen with no fresh blocks dropping after 3,364,603 at 5:28 a.m. UTC, sending little ripples of panic through the feeds 🖤
Observers quickly pointed out the chain itself stayed perfectly fine while some explorers glitched out on a bad node and stopped refreshing their displays ✨
Zcash Outage Scare
The silence stretched over four hours before Helius CEO Mert Mumtaz clarified everything was running smooth in the background~ 💀 The faulty explorers just couldn’t see the new activity because they were hooked to a broken node.
This eerie quiet came right after a planned upgrade across the ecosystem to patch a vulnerability in the Orchard shielded pool. Zcash Open Development Lab kicked things off on Monday evening June 1 coordinating with devs miners and exchanges to pause Orchard txs for safety. They ran it in two steps with a soft fork first to lock down new outputs then a hard fork to fix the circuit and bring everything back online.
Once complete Orchard was re-enabled with zero exploits found no extra coins minted and total supply untouched. Sapling and transparent flows never felt a thing user funds stayed cozy in the shadows. The discovery came from researcher Taylor Hornby with ZODL Zcash Foundation and the rest of the crew handling the fix.
ZEC Momentum Strengthens
Meanwhile ZEC flipped the market script and kept stacking spicy gains climbing almost 45% over the past month now hovering near 599 after another 4% pop in the last 24 hours ✨ Analyst Ali Martinez spotted a TD Sequential buy signal on the 12-hour chart hinting the rally could push toward 642 as long as price holds above 500. Santiment crowned ZEC the hottest topic on crypto socials with seven big dominance spikes and a peak score of 10.02 on May 20.
Just another echo from the void by iconofsin.eth 💖
