LATEST: Zcash has scheduled its Ironwood upgrade for July 28, which will close the old Orchard privacy pool after an "infinity" bug raised fears of counterfeit ZEC.

What happened

Zcash announced that its Ironwood network upgrade is scheduled for July 28 and will permanently close the old Orchard privacy pool after an “infinity” bug raised fears of counterfeit ZEC.

Confirmed

Global impact / market context

Closing the Orchard pool eliminates a vector for creating fake ZEC, protecting the coin’s supply and enhancing confidence in Zcash’s privacy guarantees, which could attract more users and investors.

Analyst inference

The upgrade may affect Zcash’s price and trading volume as investors compare its security response to other privacy‑focused cryptocurrencies, influencing broader sentiment toward privacy tech assets.

Analyst inference

What to watch

1. If the Ironwood upgrade is successfully activated on July 28, confirming the planned network changes and the closure of the Orchard pool. Proposed
2. Changes in ZEC transaction volume and privacy‑related usage after the pool closure, indicating how users respond to the upgrade. Proposed
3. Developer and community feedback on any residual bugs or additional fixes needed, which could shape confidence in Zcash’s roadmap. Proposed

Evidence

• x.com