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via Decrypt · By Decrypt Editorial
Zcash Bug Crisis Shows Privacy Cuts Both Ways, Experts Say
ZEC
ZEC/USDT
$576.14
+2.55%
$576.14
+2.55%
(24s)24h Volume
$1,171,095,611.48
24h H/L
$595.96 / $549.93
Change: $46.03 (8.37%)
Funding Rate
+0.0020%
Longs pay
Data provided by COINOTAG DATALive data
DE
Decrypt Editorial(08:26 PM UTC)
1 min read
In 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…
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