Episode

Zcash’s Ironwood Upgrade Aims to Restore Trust

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jun 8, 2026
Duration seconds
91
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Summary

Zcash just weathered a major crypto storm after a bug threatened to create unlimited fake coins, sending its market cap crashing to $5 billion. But founder Zooko Wilcox dropped a bold fix: Ironwood, an upgrade that lets users verify Zcash’s total supply — essentially building in a transparent audit system. The move has calmed markets, pushing the cap back up to nearly $7.5 billion. Ironwood also introduces shielded storage improvements, transaction safeguards, and AI-powered security checks — all while the team remains confident the bug was never exploited. Big supporters are calling it the upgrade the privacy coin space desperately needs. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/98281b6b8bd2f1b4