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8 Reasons Why You Should Use A Wallet Extension
Reason 2: The Ticker Widget
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June is here!
You have 30 days to make the most of 4% cashback on every single swipe.
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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