New Zcash nonprofit Sovright unveils ZEC wallet recovery tool

The Block·

New Zcash nonprofit Sovright unveils ZEC wallet recovery tool

60-second summary

Sovright, a new Zcash nonprofit, unveils Argos, a wallet recovery tool for users stuck with shielded funds on ZEC Wallet Lite, impacting longtime Zcash supporters. The tool aims to help recover over 1,000 wallets with funds estimated to be worth millions of dollars. This move is expected to boost Zcash adoption and user confidence in the network.

Argos is a recovery tool for users who had shielded funds stuck on ZEC Wallet Lite, an issue impacting some longtime Zcash supporters.