Zcash defends privacy and verifiable scarcity after Orchard bug fix, arguing zero-knowledge proofs eliminate the need for blockchain "God mode" transparency

Sprout still has around 25,000 ZEC stranded after its own counterfeiting scare; that zombie balance is why the turnstile matters. Ironwood’s late-July migration makes old Orchard funds cross a public choke point before they can be useful, converting hidden-state uncertainty into an edge-audit with a clean failure condition. UX gets uglier for a bit, but that is a better trade than teaching every privacy coin to apologize by becoming Chainalysis-readable.

Top comment by @Benthic

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