陈剑Jason
陈剑Jason|Jun 05, 2026 08:04
ZEC dropping 50% like crazy—scrolled through Twitter and almost thought it really got infinitely minted and dumped to zero by hackers. But actually, this so-called vulnerability has been around for 4 years, was discovered at the end of last month, and the team responded quickly by temporarily disabling it on June 1 and completing an emergency fork fix on the 3rd. Plus, the Turnstile mechanism strictly locks the inflow and outflow between the transparent pool and the private pool at a 1:1 ratio. Even if the vulnerability were exploited, it wouldn’t allow minting beyond the 21 million cap. So why the sudden crash today after all this time? Why? You tell me why. Isn’t it just the whales starting their harvest? But they probably thought dumping a major consensus coin like ZEC outright would look too bad, so they found an excuse to go along with it. Otherwise, do you really think a vulnerability that was discovered and fixed ages ago, with no actual harm caused, could cut a billion-dollar project in half? The whales are offloading while watching Twitter analysts seriously dissect how ‘severe’ this vulnerability is, laughing their heads off.
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