🚨 All eyes on the highly awaited Zcash upgrade that goes live on July 28 !!
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Zcash Ironwood upgrade is still underpriced
Not because “privacy is back” or whatever lazy take people will run with
Because after the Orchard soundness bug, Zcash basically had to answer the only question that matters:
Can the new shielded pool be trusted not to hide another undetectable counterfeiting flaw?
Ironwood’s answer is Lean 4 and formal verification around the Action circuit and Halo 2 gadgets
> Accepted proof will map back to a real witness
> Impossible for magic $ZEC leaking through the math
> 21M hard cap remains unbreakable
Most chains ship faster and ask the market to trust them. @Zcash is taking the slower, harder route and making the core privacy machinery provable
The upgrade goes live in two weeks, on July 28
Weekly chart looks solid and I can see it compressing before going to 4 digits in Q4
On NEAR, Zcash is pulling value from other coins — including Bitcoin:
1. Aggregate flows into Zcash on NEAR: +$180M YoY
2. Aggregate flows from Bitcoin into Zcash on NEAR: +$109M YoY
The narrative that "no one sells their Bitcoin for Zcash" simply isn’t supported by the data.
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