🚨 Liverpool stance on Rio Ngumoha, not just today but for months: untouchable. 🔐
Seen as crucial part of the project and no chance for his exit, #LFC view is clear. 🏴
the FUD is all fair game
I suggest you try your hardest to bring it all down & use the declining crypto markets & AI hysteria to its fullest
once we overcome it yet again and prove that encrypted money at planetary scale works, then there will be no doubt left (or opportunity)
just woke up and seeing a fair bit of fake info
- first, there is no *known* exploit. the possibility of a bug has always existed, so there is no new information. what's happened is a highly advanced zcash expert spent a lot of resources trying to find bugs and *patched* one. that's all the information that's new: that a bug was patched.
- again, all signs show no exploit but you can not 100% guarantee this until the next network upgrade, which core devs are working on right now. Eta soon.
- you can NOT have infinite total ZEC supply EVEN if this bug was exploited.
What would instead happen is that the single orchard pool would be insolvent assuming no social recovery. Now for all purposes, that would still be catastrophic but very different than people implying you can just bridge out infinite amounts (you cant)
So tl dr - you cant have infinite supply bridging out, that's not possible. you CAN have a case where ppl in the shielded pool get insolvent if and only if the bug was exploited. my money is on the bug not being exploited but to prove this for everyone, the next upgrade will help you verify it yourself
This isn't the first time I've been here. No heuristic indicated an exploit then. There is no heuristic indicating an exploit right now. None.
https://t.co/gNE9Zgmksm
Regardless, this will not happen again. We've moved beyond human verification of circuits. New tools, new age.
https://t.co/iGJLrRqBBS
We will win my friends, because there is no alternative. It's the story of human flourishing. It's being written. We fight. Onward.
Devs are actively building a formally verified shielded pool. Migrating to it would lock in the 21 million ZEC supply cap and provide cryptographic assurance that this bug was never exploited.
ThE fOur YeAr cyCle iS dEAd
https://t.co/GMiUq4kFWH
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