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2026-06-06 16:38:49 CEST

Blockchain Report on Nostr: ZODL proposes "Ironwood" network upgrade for Zcash, a collaborative effort with ...

ZODL proposes "Ironwood" network upgrade for Zcash, a collaborative effort with Tachyon, Valar Group, Zcash Foundation, and Shielded Labs.

Key features:
- Enhances circulating supply verifiability via a "Turnstile" mechanism.
- Migrates ZEC supply from Orchard to Ironwood.
- Orchard pool will stop new deposits; all outgoing funds routed through Turnstile to Ironwood.
- Builds on Orchard protocol with formal verification and independent audits for security.

Tentative activation: End of July 2026, after zcashd support ends at block 3,417,100. Timeline subject to testing, review, and ecosystem coordination. #Zcash #ZODL #Ironwood #crypto