ZCash held $400 during this sub 60k dip, like a G.
And keep in mind, almost is nobody is talking about $ZEC anymore. It's pretty just me and another few lowbies.
@mert mentions it every once in a while, but besides that it's crickets.
Nobody outside of CT has even heard of ZCash before.
Once the crowd storms, faces will be melted.
Most hated rally.
Zigher.
The UK government is on a deranged mission to install spyware on your phone and control your internet activities. But it's destined to fail. Here's why.
The problem is that what the UK government is asking phone operating system providers to do is illegal in other countries. That gives the phone manufacturers a huge problem. How do they know it's a UK phone with absolute certainty? After all, if they install UK spyware on a US phone and start reporting US phone activity to Ofcom, it's jail for them in the US.
Most articles talking about the Online Safety Act being such an abomination focus on the surveillance and control aspects, but nobody is talking about how it will be implemented. So let's do that.
In order to determine that it's a “UK” phone, there are a few ways to go:
1. Decide based on the country the phone was purchased in.
2. Decide based on the user's IP address.
3. Decide based on the app store country.
Option 1 doesn't work because everyone will just order their phone from Amazon US. Apple may as well close up shop in the UK.
Option 2 doesn't work because what if an American or Chinese tourist comes to the UK – do they have spyware installed on their phone when they step off the plane in Heathrow? How will the spyware be uninstalled later? When word gets out, tourism to the UK will drop to zero.
Option 3 sounds like an easy way to go. To show how effective that's going to be, I saved Apple some time and made a mock-up of the warning messages they would show before they installed spyware on your phone.
This plan by the government is going to drown in implementation details and fail dismally. Every government minister involved in this needs to understand that and bail out now, because it's only going to get more embarrassing for them as time goes on.
@jimmy_wales@prestonjbyrne@SpeechUnion@nym@HarryStebbings@freddienew@KanishkaNarayan
Cypherpunk has accumulated an additional 6,846.37 ZEC for $3.4 million at an average price of ~$496.61 per ZEC.
As of 06/17/26, we ZODL ~1.91% of the network.
Onward.
Zcash is hardened.
No privacy breaches. ✅
No backdoors. ✅
10 years fair distribution. ✅
Supply enforced. ✅
Mythos checked. ✅
World class dev teams. ✅
No compromises. No co-opt. No stop.
Full send.
in case this wasnt enough, zcash has upcoming:
- 3 parallel formal verifications in progress
- ironwood pool supply verification
- quantum proofing
- tachyon pool with formal verification and simpler arithmetic
- 10x higher scale
- 10x miners coming
all within *this* year
Quick update on the last ~48 hours of Zcash Ironwood!
1. Protocol devs from across all the orgs met twice to discuss specification and implementation progress. Agreement on a couple additional changes: disabling Orchard pool bundles in coinbases, anchors as auth data for migration UX with hardware wallets, and the order that ZIPs and specs will be handled.
2. Ironwood circuit and ZIP 2005 integration drafts are going through the review process. @ValarGroup has already spun up testnets and his team has done a wonderful job scoping out and implementing some of the wallet-facing changes. We are beginning an Ironwood upgrade book for eventual consumption by auditors, wallets, protocol developers, etc..
3. Formal verification work on Ironwood continues. A collection of different individuals who either have or will continue to work on formalization efforts will be meeting tomorrow where we'll settle on the specific strategy for getting the Ironwood SNARK formally verified. I'm hosting this and will post minutes and details after. Efforts from teams will be ideally combined where useful, existing approaches and progress unified and we'll figure out the easiest path for the next couple weeks. I've paused my own work on this to do Ironwood circuit stuff, but I'll be resuming on that tomorrow.
These are the big pieces, there are also some major security auditing tasks taking place in the background -- at least three major firms are auditing Orchard currently, and multiple new AI auditing suites are hammering the codebases to ensure nothing else critical is sitting around anywhere. So far so good!
Really proud of how much progress is being made every hour on this by all five of our major teams/orgs and our supporters inside and outside the community. Also love the general wartime vibe shift. Let's go!
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
@ProtonMail Please accept Zcash (ZEC) as a payment method @ProtonMail.
It's encrypted, fast, and secure.
We're happy to help out (DM us) integrating it.
Article 12 of the Universal Declaration of Human Rights and Article 17 of theInternational Covenant on Civil and Political Rights provide that no one shall be subjected to arbitrary or unlawful interference with his or her privacy, family, home or correspondence, nor to unlawful attacks on his or her honor and reputation.
lmao this is beyond batshit btw
to be clear: he's literally mandating actual spyware on your phones and computers (aka "device controls")
big brother (or big sister in keirs case) is somehow not fiction anymore
INSIGHT: @Zcash developers have finalized consensus rule changes for the Ironwood upgrade, targeting late July.
The new pool will be formally verified before activation, mathematically proving no counterfeit $ZEC exists before the fix goes live.
Our statement on the UK government’s demand that all content on all devices sold or used in the country be scanned, on the presumption of nudity, using a dystopian combination of age verification and content scanning. This proposal will not safeguard children. It endangers us all.
https://t.co/VdWe9uhi8p