Ripple CTO Emeritus Breaks Down Zcash Paradox: Why 'Lonely' Coins Aren't Lost

utoday06-07

If the vulnerability in the Zcash (ZEC) network was never exploited by hackers, then the funds of all users remain safe, regardless of whether they move them to a new pool or not. This was stated by ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2641017643?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-07 09:54","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2641017643","market":"sh","top_or_hot":-1,"title":"Ripple CTO Emeritus Breaks Down Zcash Paradox: Why 'Lonely' Coins Aren't Lost","media":"utoday","content":"<div>\n<p>If the vulnerability in the Zcash (ZEC) network was never exploited by hackers, then the funds of all users remain safe, regardless of whether they move them to a new pool or not. This was stated by ...</p>\n\n<a href=\"https://u.today/ripple-cto-emeritus-breaks-down-zcash-paradox-why-lonely-coins-arent-lost\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ripple CTO Emeritus Breaks Down Zcash Paradox: Why 'Lonely' Coins Aren't Lost</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRipple CTO Emeritus Breaks Down Zcash Paradox: Why 'Lonely' Coins Aren't Lost\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-07 09:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/ripple-cto-emeritus-breaks-down-zcash-paradox-why-lonely-coins-arent-lost><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If the vulnerability in the Zcash (ZEC) network was never exploited by hackers, then the funds of all users remain safe, regardless of whether they move them to a new pool or not. This was stated by ...</p>\n\n<a href=\"https://u.today/ripple-cto-emeritus-breaks-down-zcash-paradox-why-lonely-coins-arent-lost\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XRPI","symbol_name":"1倍XRP ETF-Volatility Shares","start_time":0,"source_url":"https://u.today/ripple-cto-emeritus-breaks-down-zcash-paradox-why-lonely-coins-arent-lost","article_id":"2641017643","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/ripple-cto-emeritus-breaks-down-zcash-paradox-why-lonely-coins-arent-lost","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2641017643","pubTimestamp":1780797240,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"If the vulnerability in the Zcash (ZEC) network was never exploited by hackers, then the funds of all users remain safe, regardless of whether they move them to a new pool or not. This was stated by R","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"XRPI":"1倍XRP ETF-Volatility Shares","XRPT":"2倍杠杆XRP ETF-Volatility Shares","LU1066051811.HKD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (HKD) INC","CTO":"CTO Realty Growth, Inc.","XXRP":"2倍做多XRP ETF-Teucrium","BK4160":"多样化房地产投资信托v","XRPK":"T-REX 2x Long XRP Daily Target ETF","LU1066051225.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AC\" (USD) ACC","XRPR":"REX-OSPREY XRP ETF","LU1066051498.USD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM2\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","UXRP":"Proshares Ultra XRP ETF"},"translate_title":"Ripple名誉首席技术官打破Zcash悖论：为什么“孤独”硬币不会丢失","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UXRP":0.6,"XRPR":0.6,"XRPK":0.6,"CTO":1.5,"XXRP":0.6,"XRPI":0.6,"XRPT":0.6},"content_text":"If the vulnerability in the Zcash (ZEC) network was never exploited by hackers, then the funds of all users remain safe, regardless of whether they move them to a new pool or not. This was stated by Ripple's emeritus chief technology officer, David Schwartz, commenting on the current crisis around the privacy coin.According to him, coins \"forgotten\" on old addresses will simply remain in a lonely and abandoned pool, but will stay fully accessible to their owners. With this thesis, Schwartz highlighted the main paradox of the current crisis around the privacy cryptocurrency.The recent discovery of a critical vulnerability in the private Orchard pool split the crypto community. The bug theoretically allowed attackers to mint fake ZEC unnoticed. The problem is that, because of Zcash's strict confidentiality, even the developers themselves cannot now independently verify whether hidden coins were actually created.During the discussions, market participants suggested that if Orchard were closed and everyone moved to a new pool, the presence of any remaining \"excess\" funds would prove that no exploit had taken place. Critics of the idea argued that forced migration would harm the interests of those who failed to move their assets in time.David Schwartz entered the debate and explained that consensus rules protect every owner, meaning users who ignore the migration will not lose their money, but will merely end up in an isolated pool.Inside Zcash's recovery planAlthough Zcash creator Zooko Wilcox admits that proving whether an exploit did or did not happen is now impossible, developers from Shielded Labs are urgently trying to restore trust in the coin. The market has already reacted harshly, with ZEC collapsing by more than 40% amid the panic.To stabilize the situation, Shielded Labs and other ecosystem participants proposed a network upgrade plan called Ironwood:Orchard isolation: The old pool will be prohibited from creating new outgoing transactions, which will stop the potential generation of fake coins.Turnstile accounting: A control system will allow strict tracking of all coins leaving Orchard.New pool: A fresh protected pool will be launched for safe user activity.ZODL founder Josh Swihart allowed that this solution could be included in the major NU7 upgrade as early as the end of July. Shielded Labs promised to release a detailed breakdown of this plan next week.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2641017643","isCrawlerRequest":true}