According to Shielded Labs, Shielded Labs is collaborating with the Zcash Foundation, Tachyon Group, Valar Group, and ZODL to propose the "Ironwood" initiative, which restores users' ability to verify the reliability of Zcash's circulating supply. After activating Ironwood, users can verify Zcash's total circulating supply by calculating the balance of active pools, without needing to account for other users' actions or wait for the Orchard pool migration.
Shielded Labs Proposes Ironwood to Enhance Zcash Supply Verification
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Summary
Shielded Labs is collaborating with the Zcash Foundation, Tachyon Group, Valar Group, and ZODL to advance the 'Ironwood' proposal—a crypto update outlining efforts to enhance Zcash supply verification. The initiative enables users to verify the total Zcash supply by checking active pool balances, without waiting for the full Orchard migration. This development could help restore confidence in the network’s transparency and supply tracking.
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