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via Decrypt · By Decrypt Editorial
Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say
ZEC
ZEC/USDT
$454.22
-3.69%
$454.22
-3.69%
(24s)24h Volume
$1,101,424,232.95
24h H/L
$472.89 / $440.00
Change: $32.89 (7.47%)
Funding Rate
-0.0104%
Shorts pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(08:26 PM UTC)
1 min read
620 views
0 commentsIn brief
- Zcash plummeted in price following the disclosure of a critical, four-year-old vulnerability.
- Because of Zcash’s privacy features, the bug’s scope couldn’t definitively be determined in terms of counterfeit coins.
- Some said tradeoffs between privacy and auditability are “part of the deal,” pointing to bugs patched in years past.
Shielding funds from prying eyes has long been Zcash’s…
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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