Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say

Read original at Decrypt·

Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say

60-second summary

A Zcash bug is causing a crisis, enabling undetectable counterfeiting, with experts warning that the pursuit of privacy can sometimes come at a cost. The bug, which allows for untrackable transactions, has raised concerns about the trade-offs between anonymity and security.

Fallout from a bug that enabled undetectable Zcash counterfeiting shows that privacy can sometimes present tradeoffs, experts say.