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Zcash Ironwood Upgrade Locked for July 28 to Fix Orchard Vulnerability; ZEC Recovers to $492.61

GateNews
Project ProgressPrice Volatility
ZEC6.91%
According to core developer Sean Bowe, Zcash's Ironwood upgrade (NU6.3) is scheduled to activate on July 28, 2026, at block height 3,428,143, approximately 8 a.m. EST. The upgrade addresses a critical "infinity" bug discovered in the Orchard shielded pool that could theoretically allow unlimited counterfeit ZEC creation. Shielded Labs confirmed no evidence of exploitation exists. The vulnerability disclosure on June 3 caused ZEC to drop roughly 50% from $602.68 to $299.25; the token has since partially recovered to $492.61. The upgrade introduces an accounting checkpoint that any funds leaving Orchard must pass through, acting as a forensic filter to detect potential counterfeit coins.
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In-Depth Analysis

Zcash Ironwood announces the mainnet activation on July 28, launching the Orchard new privacy pool.

Market Whisper4h ago

Zcash ZEC Gains 12% as Ironwood Formal Verification Nears Completion

Ethan Brooks07-08 05:15

Zcash Developers Near Mathematical Proof Against Counterfeiting Bugs

Ethan Brooks07-07 18:39
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