BREAKING: Introducing Ironwood, a new shielded pool for Zcash, backed by formal verification and independent audits, proposed by Zcash's core dev teams. Target activation: late July 2026.
Zcash will end up structurally stronger thanks to Ironwood.
Other chains will face the same AI-era bug class without formal verification, turnstile-bounded supply, quantum recoverability, or continuous audits.
Zcash will have all of them.
As we blogged about last month, the new shielded pool we're developing for Zcash will use formal verification, more conservative cryptography, a simple arithmetization, robust APIs, fuzzing, and extensive auditing from humans and AI.
And much more: https://t.co/H3bwCnzuLY
Together with @zodl_co, @ZcashFoundation, @ValarGroup and @ShieldedLabs, we're advocating for a network upgrade that would make ZEC's circulating supply auditable, providing additional reassurance that no counterfeiting occurred in the Orchard pool before this week's bugfix.
https://t.co/uPeinopdgf
Our mission is to advance technologies that guarantee privacy for humans on the internet.
Our vision is a future where technology defends self-sovereignty and secures human freedom, a digital Bill of Rights, enforced by encryption and code.
Our primary focus towards this end is Zcash – investing in it, accelerating its adoption, and strengthening the ecosystem.
Ironwood gives every Zcash holder a trustless guarantee of supply integrity.
Formally verified circuit. Independent audits. Turnstile-bounded.
Target: late July 2026.
The Zcash core teams turned a patched soundness bug into the strongest answer in crypto.
In the age of AI, formal verification is the way forward for securing software and Zcash is leading the way. Zcash will introduce formal verification in the next network upgrade, making "print money" bugs in shielded pools impossible. Encrypted money with provable correctness is unstoppable.
The irony of crypto twitter: the very people who built their wealth on rug pulls and scams are the main ones trying to FUD a legitimate and well meaning project like Zcash
Grayscale Hyperliquid Staking ETF (Ticker: $HYPG), the $HYPE ETP with the lowest gross management fee in the U.S.¹, starts trading tomorrow.
$HYPE is the asset powering 24/7 onchain markets, with @HyperliquidX driving trillions in perpetual trading volume²
Direct $HYPE exposure and staking. In your brokerage account tomorrow.
Hyperliquid.
Hey @KyleSamani maybe you were busy last time I pinged you. Let's do a gentleman's charitable bet. I put $100k on the line to a charity of your choice that $HYPE outperforms any other current top ten crypto in USD terms from now until year end. Who is your champion?
Time for a 100 $HYPE giveaway contest.
Subject: must included something about hyperliquid and @KyleSamani
Content: must be extremely offensive but witty at the same time
Format: photo plus text
20 reasons why zcash is going to 250k+
1. zcash is literally the only viable candidate for global digital cash. period.
2. it brings cryptographic privacy to a space that has slowly devolved into open-source surveillance.
3. bitcoin was engineered to be peer-to-peer electronic cash but got lazy and settled for ossified digital gold.
4. humans have never been this heavily surveilled. on-chain privacy isn't a feature; it's survival infrastructure.
5. the engineering talent density is unmatched: zooko, bowe, zkdragon, the zodl team. elite builders don't stick around ghost chains.
6. the culture is built to relentlessly ship and push boundaries: pioneered zk-SNARKs, now pioneering quantum-resistant recovery layers.
7. zero predatory VCs, zero saylor premium, zero institutional overhead pushing for the kind of ossification that kills protocols long-term.
8. architected from day one to scale for billions of people via massive pipeline upgrades like tachyon and next-gen shielded wallets.
9. there is literally zero competition. zcash is natively encrypted. everything else is a transparent public ledger or a clunky, mixed-in band-aid.
10. the onboarding narrative is ridiculously simple: "you can buy bitcoin at $555 today." it's just bitcoin but private and actually unstoppable.
11. the reflexivity loop is violent: price ticks up -> new buyers enter -> more zec enters the shielded pool -> circulating supply collapses -> price rockets.
12. the deepest bitcoin OGs are quietly positioned: winklevoss, naval, balaji, barry silbert... and zooko literally worked at digicash and wrote the first blog post to ever mention bitcoin.
13. bitcoin paved the dirt path from magic internet money to digital gold. zcash is building the hyper-highway: absolute encrypted money for billions.
14. transparent blockchains are an inherent bug for enterprise adoption. no real business is broadcasting its entire treasury, payroll, and margin to competitors on a public ledger.
15. transparent coins face a terminal fungibility crisis because of taint. zcash solves this mathematically: one shielded ZEC is always indistinguishable from another.
16. regulatory compliance does not require financial doxxing. viewing keys let you selectively disclose transaction history to an auditor without leaking your net worth to the timeline.
17. the ux barrier is officially dead. shielding used to require a complex cypherpunk ritual; now it's a seamless, 1-click native default in modern wallets (zodl...)
18. proof-of-work bootstrapping is the only way to launch a truly sovereign network without a cabal of insiders pre-mining the supply and dumping on retail.
19. Wall Street completely financialized and captured bitcoin to extract value from retail via proxies. zcash remains the untamable, raw cypherpunk asset.
20. the second the global market realizes a transparent public ledger is a permanent surveillance weapon, privacy flips from a luxury to an absolute human right. that's when the repricing hits.
The best way to improve Bitcoin is to pump ZEC within spitting distance of the BTC market cap..
Watch how fast they address quantum and add privacy then.
Why @balajis backs @ZcashNames and @zodl_app:
“Zcash is one of the most important projects in the world.
Not one of the most important crypto projects, but one of the most important projects in the world.”
$ZEC