Zec Bit

The First NFT Marketplace & Launchpad on $ZEC 🛡️

[Zec Bit @zec_bit]

https://t.co/PYKDeBhctq

[Ziv 🔶 @z1vex]

People shouldn't need a strong opinion about privacy to use private money.

It should just be a good way to pay.

That's what I want us building toward at ZecBit. NU7 gives us more to work with.

[Zec Bit @zec_bit]

A GAME CHANGER FOR zcash:native IS ALMOST HERE 🛡️

NU7 is about to go live: 25s target blocks instead of 75s, with more capacity for shielded payments. Private money takes a major step toward everyday use.

Let’s make shielded payments the default.

[Zec Bit @zec_bit]

A GAME CHANGER FOR zcash:native IS ALMOST HERE 🛡️

NU7 is about to go live: 25s target blocks instead of 75s, with more capacity for shielded payments. Private money takes a major step toward everyday use.

Let’s make shielded payments the default.

[Zcash 🛡️ @Zcash]

Are you ready for Zcash NU7?

🟨Activation at Block Height 3,543,405

⚡️3x Faster Payments
🛣️Network Sustainability Mechanism
🔒Hardened Security with v4 Transactions Disabled

[Zec Bit @zec_bit]

You won’t see this on the zcash:native chart

Zcash co-founder Alessandro Chiesa worked on Anthropic’s FlashProve. Claude helped build it to verify a model’s reply without revealing its weights

Zcash ideas are already shaping AI. If you’re betting on privacy, build on Zcash 🛡️

[Zec Bit @zec_bit]

You won’t see this on the zcash:native chart

Zcash co-founder Alessandro Chiesa worked on Anthropic’s FlashProve. Claude helped build it to verify a model’s reply without revealing its weights

Zcash ideas are already shaping AI. If you’re betting on privacy, build on Zcash 🛡️

[mert @mert]

anthropic/claude are now using the same cryptography that zcash was first in the world to pioneer

probably nothing

[Ziv 🔶 @z1vex]

Two posts today, same Anthropic paper. Mert (@mert) says Zcash was "first in the world to pioneer" this cryptography. StarkWare says it's cryptography "StarkWare's founders co-invented."

Here's the funny part. Alessandro Chiesa and Eli Ben-Sasson co-wrote the 2014 Zerocash paper, then went on to co-found StarkWare. Chiesa is also a co-author of the FlashProve research. Both camps are claiming the same two people.

On the math, StarkWare has the better case. FlashProve runs on STARKs, not the SNARKs early Zcash used. Pratyush Mishra (@zkproofs) called Mert's line a stretch, and on that point he's right.

Mert's comeback: he meant deployment, not cryptography. Pratyush's answer: "first to deploy" is very different from "first to pioneer."

True. We just think the industry keeps handing out the second one as the smaller trophy.

A paper shows something can work. A money network has to keep it working, live, for people who will never open the paper, with their own funds on the line. Zcash has been running zk-SNARKs in production since 2016. Eli himself recalls people telling him in 2018 they didn't believe STARKs could do what he said. Belief tends to show up after something ships.

We build on Zcash, so read this with that in mind. Give FlashProve's researchers the credit for FlashProve. Just stop filing a decade of private money running on ZK under "engineering details."

So where does the bigger share of credit go for ZK leaving the lab: the people who designed the proofs, or the networks that bet real money on them?

[Ziv 🔶 @z1vex]

None of this week's hacks needed a quantum computer.

Polymarket: a compromised third-party script.
Ledger: tampered devices in Singapore.
zkLink Nova: a forged batch root.

Today's attacks are human. Tomorrow's might be math. Zcash is preparing for both 🛡️

[Zec Bit @zec_bit]

Tonight ~$2.5B left a labeled Binance hot wallet while the whole market watched it happen live.

None of this week's hacks needed a quantum computer. Most of them started with one thing: knowing where the money was.

Here's what that means for privacy, for zcash:native, and for what we're building 🛡️

• WHAT HAPPENED THIS WEEK

Binance: one transaction moved ~167K ETH, ~$1.6B in USDT and 60+ tokens from a hot wallet to a brand new address. The wallet that triggered it was funded through Tornado Cash. CZ says "it does look like a hack" and that user funds are safe. Tether and Circle froze ~$1.8B between them. Binance says it is still investigating.

Polymarket: a compromised third-party provider. 700+ users drained, ~$2.7M gone. Polymarket says users will be made whole.

Ledger: tampered hardware wallets found in Singapore's supply chain.

zkLink Nova: ~$786K out of its bridge with a forged batch root.

Predict fun: ~400K USDT drained through a hacked docs site.

One week. Exchanges, frontends, bridges, hardware.

• NONE OF THESE NEEDED A QUANTUM COMPUTER

No broken cryptography. No new math.

A key that leaked. A script nobody audited. A device someone opened before you did.

Today's attacks are human. That's the good news and the bad news. Good, because the math still holds. Bad, because humans aren't getting harder to fool.

And the math won't hold forever. Today's Alice & Bob estimate needs 17x fewer qubits to break a Bitcoin key than the estimate from March. The curve is moving.

• PUBLIC LEDGERS ARE TARGET LISTS

Most attacks start with the same question: where is the money?

On a transparent chain, the answer is public. Wallets get labeled. Balances get tracked. Whale bots post every move. Tonight the whole timeline watched billions move in real time, block by block.

That's great for transparency. It's also a shopping list.

If your balance is public, you're on the list. The bigger it is, the higher you rank.

On Zcash, shielded balances aren't on that list. Nobody can rank what nobody can see.

• HARVEST NOW, DECRYPT LATER

A hack steals your coins once. A public ledger leaks your history forever.

Every address tagged tonight stays tagged. Every transaction stays readable. Whoever comes next, with better tools or a quantum computer, gets the full archive for free.

Privacy isn't only about today's attacker. It's about not handing tomorrow's attacker a dataset.

• WHAT IRONWOOD ACTUALLY DOES

Since July 28 (NU6.3), new shielded ZEC flows into a new pool called Ironwood. The old Orchard pool can only be spent from.

Ironwood notes are quantum-recoverable (ZIP 2005). If the elliptic-curve crypto behind Zcash is ever broken, the old protocol can be switched off, and Ironwood holders get a path to recover their funds through a recovery protocol designed to stay secure against quantum attackers.

Let's be precise, because the hype won't be:

- Ironwood is not "quantum-proof". Zcash is not post-quantum yet.
- It doesn't protect you from an exchange hack, a phishing link or a tampered device.
- Funds left in Sprout, Sapling or Orchard won't have that recovery path. Move them.
- Heads up: the amount that crosses from Orchard into Ironwood is visible on-chain.

What it is: a real migration path toward a post-quantum future, shipped before the threat arrived. Most chains are still debating theirs.

• NFT WALLETS ARE SHOP WINDOWS

Now apply all of this to NFTs.

On most marketplaces your wallet is a public trophy shelf. Every rare you hold, every floor you bought at, every sale you made is one click away.

That's exactly how drainers pick targets. Fake mint links, fake support DMs, fake "you've been airdropped" pages. They don't spray at random. They read your wallet first.

Collecting shouldn't mean broadcasting your net worth.

• WHAT ZECBIT BUILDS

NFT marketplace & launchpad:
https://t.co/Bp88SeMNEb

ZMD-1 metadata, used on the ZSA testnet:
https://t.co/ggS1f7qZdB

Keyless indexer architecture:
https://t.co/NofhUCGqjA

Shielded payment tooling, documented scope:
https://t.co/laWImRCOoj

EVM layer, core tested on regtest/devnet:
https://t.co/Voas63RvVX

Updates:
https://t.co/RCu9mDzlNv

• THE CALL

Hold your keys.
Shield your balance.
Move old shielded funds into Ironwood.
Don't sign what you didn't ask for.

Not your keys, not your coins.
Not your privacy, not your safety.

The hacks will keep coming. The question is whether you're on the list 🛡️

[Zec Bit @zec_bit]

Tonight ~$2.5B left a labeled Binance hot wallet while the whole market watched it happen live.

None of this week's hacks needed a quantum computer. Most of them started with one thing: knowing where the money was.

Here's what that means for privacy, for zcash:native, and for what we're building 🛡️

• WHAT HAPPENED THIS WEEK

Binance: one transaction moved ~167K ETH, ~$1.6B in USDT and 60+ tokens from a hot wallet to a brand new address. The wallet that triggered it was funded through Tornado Cash. CZ says "it does look like a hack" and that user funds are safe. Tether and Circle froze ~$1.8B between them. Binance says it is still investigating.

Polymarket: a compromised third-party provider. 700+ users drained, ~$2.7M gone. Polymarket says users will be made whole.

Ledger: tampered hardware wallets found in Singapore's supply chain.

zkLink Nova: ~$786K out of its bridge with a forged batch root.

Predict fun: ~400K USDT drained through a hacked docs site.

One week. Exchanges, frontends, bridges, hardware.

• NONE OF THESE NEEDED A QUANTUM COMPUTER

No broken cryptography. No new math.

A key that leaked. A script nobody audited. A device someone opened before you did.

Today's attacks are human. That's the good news and the bad news. Good, because the math still holds. Bad, because humans aren't getting harder to fool.

And the math won't hold forever. Today's Alice & Bob estimate needs 17x fewer qubits to break a Bitcoin key than the estimate from March. The curve is moving.

• PUBLIC LEDGERS ARE TARGET LISTS

Most attacks start with the same question: where is the money?

On a transparent chain, the answer is public. Wallets get labeled. Balances get tracked. Whale bots post every move. Tonight the whole timeline watched billions move in real time, block by block.

That's great for transparency. It's also a shopping list.

If your balance is public, you're on the list. The bigger it is, the higher you rank.

On Zcash, shielded balances aren't on that list. Nobody can rank what nobody can see.

• HARVEST NOW, DECRYPT LATER

A hack steals your coins once. A public ledger leaks your history forever.

Every address tagged tonight stays tagged. Every transaction stays readable. Whoever comes next, with better tools or a quantum computer, gets the full archive for free.

Privacy isn't only about today's attacker. It's about not handing tomorrow's attacker a dataset.

• WHAT IRONWOOD ACTUALLY DOES

Since July 28 (NU6.3), new shielded ZEC flows into a new pool called Ironwood. The old Orchard pool can only be spent from.

Ironwood notes are quantum-recoverable (ZIP 2005). If the elliptic-curve crypto behind Zcash is ever broken, the old protocol can be switched off, and Ironwood holders get a path to recover their funds through a recovery protocol designed to stay secure against quantum attackers.

Let's be precise, because the hype won't be:

- Ironwood is not "quantum-proof". Zcash is not post-quantum yet.
- It doesn't protect you from an exchange hack, a phishing link or a tampered device.
- Funds left in Sprout, Sapling or Orchard won't have that recovery path. Move them.
- Heads up: the amount that crosses from Orchard into Ironwood is visible on-chain.

What it is: a real migration path toward a post-quantum future, shipped before the threat arrived. Most chains are still debating theirs.

• NFT WALLETS ARE SHOP WINDOWS

Now apply all of this to NFTs.

On most marketplaces your wallet is a public trophy shelf. Every rare you hold, every floor you bought at, every sale you made is one click away.

That's exactly how drainers pick targets. Fake mint links, fake support DMs, fake "you've been airdropped" pages. They don't spray at random. They read your wallet first.

Collecting shouldn't mean broadcasting your net worth.

• WHAT ZECBIT BUILDS

NFT marketplace & launchpad:
https://t.co/Bp88SeMNEb

ZMD-1 metadata, used on the ZSA testnet:
https://t.co/ggS1f7qZdB

Keyless indexer architecture:
https://t.co/NofhUCGqjA

Shielded payment tooling, documented scope:
https://t.co/laWImRCOoj

EVM layer, core tested on regtest/devnet:
https://t.co/Voas63RvVX

Updates:
https://t.co/RCu9mDzlNv

• THE CALL

Hold your keys.
Shield your balance.
Move old shielded funds into Ironwood.
Don't sign what you didn't ask for.

Not your keys, not your coins.
Not your privacy, not your safety.

The hacks will keep coming. The question is whether you're on the list 🛡️

[Zec Bit @zec_bit]

https://t.co/PYKDeBhctq

[Ziv 🔶 @z1vex]

2026: Zcash turns 10 at $1,300 and Mert calls it the best positioned chain for quantum

the coin CT buried every single cycle

$2.7B in ZEC already moved through NEAR Intents. 550 builders at one hackathon. NU7 next week

still think it's a 2016 privacy coin?

bullish on $ZEC 🛡

@mert

[Zec Bit @zec_bit]

ZCG says it gets more zcash:native than it can spend well.

We applied for $48K to build open NFT infra for Zcash: a metadata standard, a keyless indexer, shielded payment tooling. Rejected.

Fine. Publish what the approved grants delivered.

Fund results, not a permanent 8% stream 🛡️

[Zec Bit @zec_bit]

ZCG says it receives more zcash:native than it can spend well

We built NFT infrastructure for Zcash. Our $48,000 application to publish a metadata standard, a keyless indexer and shielded payment tooling was rejected

If other grants offered better value, show the outcomes. Explain the priorities

@zksnarks_ seem to be putting their budget to better use than ZCG

Now redirecting part of a protocol-funded treasury toward future miner rewards is being marketed as a “donation”

Apparently, the hardest thing to build in crypto is an off switch

Cut the automatic 8% stream. Make the case for funding with results 🛡️

[Zec Bit @zec_bit]

@mert @ZcashCommGrants 🛡️

[mert @mert]

appreciate the attempt guys, but nowhere near good enough

the current treasury is already gargantuan and larger than most companies and funds. just cut it off as per sean's proposal.

if you disagree, that's fine, but it should be accountable to the coinholders. otherwise you send a message to all current and future coinholders that their skin in the game is meaningless and that you are accountable to no one

which is a much bigger [potential] blow to the ecosystem than not extending the already giant treasury

do the right thing

[Zec Bit @zec_bit]

ZCG says it receives more zcash:native than it can spend well

We built NFT infrastructure for Zcash. Our $48,000 application to publish a metadata standard, a keyless indexer and shielded payment tooling was rejected

If other grants offered better value, show the outcomes. Explain the priorities

@zksnarks_ seem to be putting their budget to better use than ZCG

Now redirecting part of a protocol-funded treasury toward future miner rewards is being marketed as a “donation”

Apparently, the hardest thing to build in crypto is an off switch

Cut the automatic 8% stream. Make the case for funding with results 🛡️

[Zec Bit @zec_bit]

@CircleVang zm🛡️

[Zec Bit @zec_bit]

Smart contracts are coming to Zcash. Think beyond payments🛡️

ZecBit brings the EVM, while zcash:native keeps the history. Independent nodes can rerun the same calls and verify the result.

We put the whole journey inside iPhone Duo. Hit play.

[Zec Bit @zec_bit]

https://t.co/PYKDeBhctq

[Ziv 🔶 @z1vex]

imagine Ethereum-style DeFi without putting your entire portfolio on display

that’s what we’re building with ZecBit. public trades, private holdings in the shielded pool 🛡️

[Zec Bit @zec_bit]

Smart contracts are coming to Zcash. Think beyond payments🛡️

ZecBit brings the EVM, while zcash:native keeps the history. Independent nodes can rerun the same calls and verify the result.

We put the whole journey inside iPhone Duo. Hit play.

[Heavy @heavyy]

ZecBit L2 in one simple picture:

your entire stack sits in a private vault
nobody sees how much you hold

when you want to trade, lend, or buy an NFT, you only move a small amount into a public “mask” wallet

people see that mask
they don’t see the rest of your stack

that’s the idea
public markets. private portfolio