Zcash Activates Ironwood Upgrade After Counterfeiting Scare

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Zcash Activates Ironwood Upgrade After Counterfeiting Scare

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Zcash is activating the Ironwood upgrade, a long-awaited network upgrade that retires the vulnerable Orchard shielded pool, a counterfeiting vulnerability that threatened the cryptocurrency's supply. The upgrade introduces new safeguards to protect Zcash users, marking a significant milestone in the cryptocurrency's security efforts, bolstering investor confidence and potentially stabilizing its price.

The long-awaited network upgrade retires Zcash's vulnerable Orchard shielded pool and introduces new safeguards to protect the cryptocurrency's supply.