Cryptocurrency8 Jun 2026SEO 881 min read

Analysis: Zcash bounces 45% as developers propose new Ironwood upgrade

The plan would let anyone verify that no counterfeit coins are circulating, addressing the patched bug that triggered last week's crash. ZEC is still down…

The plan would let anyone verify that no counterfeit coins are circulating, addressing the patched bug that triggered last week's crash. ZEC is still down about 22% on the week. Zcash has rebounded about 45% from last week’s low after developers proposed a fix for a critical counterfeiting bug in its privacy-focused Orchard pool. The Ironwood proposal would move users to a new, repaired privacy pool and let anyone running Zcash software verify that no more than the correct amount of ZEC ex…

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AnalysisZcashbouncesdevelopersproposenewIronwoodupgrade