
One of the 6 people on the Zcash Foundation board got “assigned” to poke around with AI auditing stuff. Bro “discovered” a 4yo exploit using the most basic prompting you can imagine, then “quickly” dropped the news (without actually using it, supposedly) and now they suddenly need a whole brand new shielded pool. The only way this upcoming Ironwood pool can even pretend to “verify” the $ZEC supply is by forcing 100% of the coins currently in Orchard through a turnstile. Anything over 100% is straight-up proof the bug got exploited. And guess what that new pool is still months away from launching. If you’re a rational holder, you’d be moving your coins out right now to stay safe. But here’s the insane part: even with the obvious upside to migrating, ONLY about 5% of the Orchard pool has actually left. And despite the very real inflation risk staring everyone in the face, $ZEC has only dropped 25% in value. None of this adds up. At all. Yet the usual zcash nazis squad is already out here calling the whole thing “transparent.” Sure, faggots. Totally normal.
