Zcash's new privacy pool, Ironwood, will be formally validated to eliminate undetectable gaps

On July 7, the Zcash development team announced plans to eliminate the risk of “undetectable Counterfeating” by introducing formalised certification through the forthcoming launch of a new privacy pool, Ironwood. According to earlier reports, although the loopholes in the Orchard shield had been repaired and there was no evidence of its exploitation, the community decided to launch a new Ironwood shield and to certify its agreement in a fully formalized manner because it was theoretically impossible to confirm through chain history that there had been any hidden growth。