Zcash Network Makes Strides in Scalability and Security
The Zcash (ZEC) network has made significant strides in addressing scalability and security concerns. Mert Mumtaz, a well-known figure in the crypto ecosystem, participated in The Rollup program on Bitget's crypto broadcasting platform to discuss the project's latest developments.
During internal red teaming and AI-powered security audits, a potential vulnerability was identified in the Orchard pool that could have allowed counterfeit note creation. However, thorough work and official verification proved that the code mathematically matched specifications perfectly.
The seamless transfer of funds from the Orchard pool to the new Ironwood pool has eliminated the risk of counterfeit coin minting on the network.
Dev, Valor Group's founder, emphasized the project's goal of achieving transaction volumes comparable to those of credit cards for Zcash. They aim to process more than 50,000 transactions per second at sub-second speeds while maintaining a full proof-of-work mechanism.