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via Decrypt · By Decrypt Editorial

Zcash Activates Ironwood Upgrade After Counterfeiting Scare

ZEC

ZEC/USDT

$477.02
+3.19%
24h Volume

$446,153,984.36

24h H/L

$478.18 / $456.29

Change: $21.89 (4.80%)

Funding Rate

-0.0049%

Shorts pay

Data provided by COINOTAG DATALive data
ZEC
ZEC
Daily

$476.12

1.83%

Volume (24h): -

Resistance Levels
Resistance 3$579.1982
Resistance 2$507.2239
Resistance 1$490.6633
Price$476.12
Support 1$470.06
Support 2$443.3661
Support 3$368.03
Pivot (PP):$464.68
Trend:Uptrend
RSI (14):45.9
DE
Decrypt Editorial
(06:24 PM UTC)
1 min read
SC
Reviewed bySarah Chen

In brief

  • Zcash has activated the Ironwood network upgrade, replacing the Orchard shielded pool with a new private pool.
  • The upgrade prevents any potentially counterfeit coins from leaving the retired pool while preserving transaction privacy.
  • Ironwood also introduces quantum-resistant transaction records and formally verified cryptography designed to reduce future security risks.

Weeks after a…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Decrypt Editorial · Decrypt

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