Peter Todd Warns Zcash Tech Is Too Risky For Bitcoin Privacy Push

Bitcoinist08:30

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into ...

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Ad Disclosure\n\nBitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into ...</p>\n\n<a href=\"https://bitcoinist.com/peter-todd-warns-zcash-tech-is-too-risky-bitcoin/\">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":"BITY","symbol_name":"Amplify Bitcoin 2% Monthly Option Income ETF","start_time":0,"source_url":"https://bitcoinist.com/peter-todd-warns-zcash-tech-is-too-risky-bitcoin/","article_id":"2641199039","we_media_id":null,"thumbnails":["https://bitcoinist.com/wp-content/uploads/2026/06/ChatGPT-Image-4.-Juni-2026-13_39_54.png?resize=350%2C250"],"rights":{"source":"bitcoinist_highlight","url":"https://bitcoinist.com/peter-todd-warns-zcash-tech-is-too-risky-bitcoin/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2641199039","pubTimestamp":1780619420,"columns":[],"sourceInfo":{"source_id":"bitcoinist_highlight","name":"Bitcoinst"},"weMediaInfo":null,"summary":"Bitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the...","collect":0,"end_time":0,"defaultTopTitle":"bitcoinist.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BETE":"等权重比特币&以太币期货ETF-ProShares","BITB":"比特币ETF-Bitwise","BTC":"Grayscale Bitcoin Mini Trust","DEFI":"比特币期货ETF-Hashdex","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BFJL":"FT Vest Bitcoin Strategy Floor15 ETF - July","MAXI":"比特币期货ETF-Simplify","BETH":"比特币&以太币期货ETF-ProShares","BTCC":"Grayscale Bitcoin Covered Call ETF","BTF":"比特币&以太币期货ETF-CoinShares","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January","BITI":"1倍做空比特币期货ETF-Proshares","CBOO":"Calamos Bitcoin Structured Alt Protection ETF - October","BTCI":"NEOS Bitcoin High Income ETF","CBTO":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - October","BTFX":"比特币期货ETF-CoinShares","CBTY":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - July","IBIT":"比特币ETF-iShares","GBTC":"比特币ETF-Grayscale","BITO":"比特币期货ETF-ProShares","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","BPI":"Grayscale Bitcoin Premium Income ETF","BRRR":"比特币ETF-CoinShares","MNRS":"GRAYSCALE BITCOIN MINERS ETF","EZBC":"比特币ETF-Franklin","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","FBTC":"比特币ETF-Fidelity","BTCO":"比特币ETF-Invesco Galaxy","BFAP":"FT Vest Bitcoin Strategy Floor15 ETF - April","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","SBIT":"2倍做空比特币期货ETF-Proshares","XBTY":"GraniteShares YieldBOOST Bitcoin ETF","YBTC":"比特币看涨期权ETF-Roundhill","ARKB":"比特币ETF-21Shares","BTRN":"比特币期货ETF-Global X","BITU":"2倍做多比特币期货ETF-Proshares","BCCC":"Global X Bitcoin Covered Call ETF","CBXO":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - October","BTCW":"比特币ETF-Wisdom Tree","HODL":"比特币ETF-VanEck","CBXY":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - July","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","BITX":"2倍比特币期货ETF-Volatility Shares","BAGY":"Amplify Bitcoin Max Income Covered Call ETF"},"translate_title":"Peter Todd警告Zcash技术对于比特币隐私推动来说风险太大","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BITY":0.6,"HODL":0.6,"BCCC":0.6,"BTCZ":0.6,"BTCL":0.6,"BITO":0.6,"CBTO":0.6,"CBTJ":0.6,"DFII":0.6,"MNRS":0.6,"BETH":0.6,"BAGY":0.6,"BTCO":0.6,"XBTY":0.6,"BFAP":0.6,"BFJL":0.6,"BITX":0.6,"BETE":0.6,"BTCW":0.6,"CBTY":0.6,"CBXO":0.6,"EZBC":0.6,"BITI":0.6,"CBOJ":0.6,"IBIT":0.6,"BITB":0.6,"BPI":0.6,"CBTA":0.6,"CBXY":0.6,"CBOO":0.6,"BITU":0.6,"BRRR":0.6,"BTF":0.6,"CBXJ":0.6,"GBTC":0.6,"BTC":0.6,"ARKB":0.6,"CBXA":0.6,"MAXI":0.6,"BTCC":0.6,"FBTC":0.6,"BTRN":0.6,"BTCI":0.6,"SBIT":0.6,"YBTC":0.6,"CBOY":0.6,"BTFX":0.6,"DEFI":0.6},"content_text":"Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure\n\nBitcoin developer Peter Todd has pushed back against calls to bring Zcash-style privacy into Bitcoin’s consensus layer, arguing that the cryptographic risk profile is too high for the network’s base protocol. The debate erupted after ZODL developers disclosed an issue affecting the Orchard shielded pool, briefly turning a technical incident into a broader argument over privacy, auditability, and Bitcoin ossification.\nTodd’s initial post was direct: “Why adding Zcash style privacy to Bitcoin at the consensus layer is a bad idea.” He was responding to a post from Zcash Open Development Lab, which said a “coordinated Zcash network upgrade” was underway after an issue affecting the Zcash Orchard pool was identified during routine auditing and security review processes.\n\n\n\n\n\n\nWhy Peter Todd Sounds Alarm On Zcash-Style Privacy\nThe exchange quickly widened beyond ZEC itself. One user argued that Bitcoin has its own history of critical bugs, pointing to the 2010 value overflow incident and the 2013 chain split as evidence that “no protocol is exempt from tech issues.” The same post accused Bitcoin maximalists of pushing for “total ossification” while facing future threats such as quantum computing.\nRelated Reading: $420 Billion In Zcash Tracked By Arkham — Is This The End Of The Privacy Coin’s Core Promise?\nTodd answered by drawing a distinction between visible and hidden failures. “Exactly my point. With Bitcoin, rolling back the chain is feasible, as only a small subset of coins were affected, and the exploit was trivial to notice,” he wrote. His argument was not that Bitcoin is bug-free, but that its accounting model makes certain classes of catastrophic bugs easier to detect and unwind.\nThat point became the core of the disagreement. When another user argued that rejecting consensus-layer privacy on bug-risk grounds would “stop any innovation/development,” Todd responded that not all cryptography carries the same operational risk. “Different types of cryptography have different levels of risk to them. Zcash-style cryptography has a very high level of risk, much more so than Bitcoin’s cryptography. Which is reflected in how Zcash has had much more serious issues than Bitcoin.”\n\n\n\n\n\n\n\n\n\n\n\n\nThe counterargument was that Bitcoin itself has suffered serious early failures. One participant cited the 2010 value overflow incident and the 2018 bug, CVE-2018-17144, as examples that challenged Todd’s framing. Todd rejected the comparison, saying neither case put the currency at the same kind of existential risk.\nRelated Reading: Upside Still Rolling For HYPE And Zcash—But Danger Zones Are Getting Closer\n“Neither of those exploits had any chance of destroying the currency,” Todd wrote. “Exactly what coins were counterfeit was trivially visible, allowing easy rollbacks. Not so with Zcash.”\n\n\n\n\n\n\n\n\n\n\n\n\nThe disagreement turns on a specific property of shielded systems: privacy can reduce the visibility that makes supply audits straightforward. In Todd’s view, this changes the risk calculation for Bitcoin. A bug in transparent accounting can be noticed because invalid outputs or counterfeit coins are visible on-chain. In a deeply shielded system, he argued, the damage may be harder to observe, harder to attribute, and harder to reverse.\nZcash defenders pushed back on that framing as well. One user told Todd that he did not understand the “turnstile construct,” arguing that “no such bug can affect the total ZEC supply.” Todd shifted the focus from total supply to shielded user balances, noting that a large share of ZEC already sits inside the shielded pool. “30% of the Zcash supply is shielded. That supply being destroyed would be a disaster, and would completely wipe out the holdings of a high % of all Zcash users. I personally have a little bit of Zcash, all of which is shielded.”\nAt press time, ZEC traded at $532.\nZEC trades below the 1.618 Fib again, 1-week chart | Source: ZECUSDT on TradingView.com\nFeatured image created with DALL.E, chart from TradingView.com\n\n\n\nEditorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. 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