Zcash plans to implement its Ironwood network upgrade on July 28. The change will replace the Orchard pool, which previously faced an infinity bug vulnerability.
The upgrade is scheduled to take place on July 28. It will address the earlier issue in the Orchard pool that made it susceptible to an infinity bug.
Zcash announced the activation as a key step in its network development. The move replaces the affected pool to improve overall system security.
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Zcash has recovered about 45 percent from its recent low after developers proposed the Ironwood upgrade to address a supply verification issue. The privacy-focused cryptocurrency traded near $437 on Monday, though it remains down 22 percent for the week. The move comes after a patched bug in the Orchard pool triggered last week's sell-off.
Developers report that security testing for the Zcash Ironwood upgrade has found no new serious bugs. The upgrade is advancing toward testnet activation. Concerns have been raised about potential delays due to audits and readiness of supporting software.
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Zcash activated a major network upgrade on June 3 that briefly caused block explorers to show no new blocks. Developers also suspended Orchard transactions to fix a privacy pool bug.
Coinbase-backed Ethereum layer-2 network Base resumed block production on Thursday after a roughly two-hour outage. The disruption halted transaction processing on one of Ethereum's largest layer-2 networks.
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The Sui blockchain suffered three mainnet halts over two days in late May. The incidents stemmed from a bug in the v1.72 release. The Sui Foundation has since deployed a major upgrade to resolve the issues.
BitMine Immersion has expanded its Ethereum treasury to 5.77 million ETH, representing 4.8 percent of the token's circulating supply.
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NordVPN has started a months-long project to update its entire server network with a newer Linux base and fresh IP addresses for every server.