damn zec had his own porpuse to fall low. Looks like was some vulnerability and with all mess up scenario on cripto, that feels like it wotn recovery so soon 👀😱
$ZEC
$ZEC
Publicar
Binance News
·
--
Cypherpunk Responds to ZEC Sell-Off After Reported Infinite-Mint Vulnerability
ZEC fell more than 50% in a single day amid selling after reports of a security flaw that could potentially enable unlimited token issuance.
According to ChainCatcher, ZEC treasury company Cypherpunk said in a post on X that software vulnerabilities exist across systems, citing a historical incident in which Bitcoin was mistakenly “over-minted” by 184 billion BTC.
Cypherpunk argued that such incidents do not justify abandoning blockchain technology and said security should be strengthened through formal verification and provable correctness.
The company added that as AI advances, vulnerability detection will become faster and more widespread, but the key issue is whether defenders can identify problems before malicious actors. It said Zcash will demonstrate this capability through an upcoming update.
According to ChainCatcher, ZEC treasury company Cypherpunk said in a post on X that software vulnerabilities exist across systems, citing a historical incident in which Bitcoin was mistakenly “over-minted” by 184 billion BTC.
Cypherpunk argued that such incidents do not justify abandoning blockchain technology and said security should be strengthened through formal verification and provable correctness.
The company added that as AI advances, vulnerability detection will become faster and more widespread, but the key issue is whether defenders can identify problems before malicious actors. It said Zcash will demonstrate this capability through an upcoming update.
Aviso legal: Incluye opiniones de terceros. No debe interpretarse como asesoramiento. Binance AI puede usarse sin garantía. Lee los TyC.