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Crypto
Zcash activates Ironwood mainnet upgrade, halts new inflows to Orchard
Zcash has activated the Ironwood upgrade on its mainnet and halted new inflows into the existing private pool, Orchard. Zcash Open Development Lab said the upgrade went live at block height 3,428,143. Orchard is shifting effectively to a withdrawals-focused state, with remaining funds required to pass through a “turnstile” structure to move to Ironwood. The upgrade also targets an Orchard vulnerability reported in late May, with no confirmed signs of exploitation.
Crypto
Zcash Ironwood upgrade nears, overhauls circulating supply verification
Zcash will apply the Ironwood network upgrade on July 28 at block height 3,428,143. The upgrade, slated as version NU6.3, effectively ends the existing Orchard shielded pool and introduces a new shielded pool using a modified Orchard circuit. It keeps a turnstile mechanism to prevent more ZEC from leaving than legitimately entered. Zcash Open Development Lab said it is two days from mainnet activation and described Ironwood as preserving privacy while enabling verification.
Crypto
Zcash to carry out \'Ironwood\' network upgrade on July 28
Zcash will implement the Ironwood network upgrade on July 28 local time to address a vulnerability in its privacy-focused transaction pool, Orchard. Cointelegraph reported on July 10 local time that the upgrade aims to block the so-called Infinity Bug found in Orchard in May. Once applied, the existing Orchard pool will be closed and new activity blocked, with a new privacy pool introduced and accounting checks required before funds move over.