Zcash Ironwood Upgrade Locks In Consensus Rules, Eyes Late July Activation
Zcash's Ironwood upgrade locks in consensus rules with a targeted late July activation, introducing a new Orchard pool with circuit flags that prevent payments to other users while disabling the old pool's incoming payments. The upgrade implements a turnstile mechanism to enforce a hard cap on transactable ZEC, ensuring it never exceeds actual supply. ZEC has recovered nearly 48.7% from recent lows.
