$ZEC is facing quite a bit of FUD right now. A serious bug was discovered in the Orchard pool that could have potentially allowed double spends. The team acted swiftly to implement emergency fixes, and the issue has now been resolved.
What’s concerning is that this bug apparently existed for about four years.
We can’t be sure if anyone took advantage of it, but we also can’t rule it out.
The developers have stated there’s no evidence of an exploit, and the supply numbers appear normal. However, uncertainty is rampant in the crypto space, and the gossip on Crypto Twitter is already taking off.
At this point, I see this more as a trust issue than a technical one.
It’s definitely something to monitor. If the market starts worrying that there are “ghost coins” out there, things could get quite turbulent.