Solana Developer Mert Mumtaz Praises an Altcoin Big Time

The <a href="https://xpertsstudio.com/bitcoin-etfs-spark-new-institutional-enthusiasm-for-crypto/” title=”Bitcoin ETFs Spark New Institutional Enthusiasm for Crypto”>cryptocurrency and privacy-focused financial world is experiencing eventful times. Valor Group Founder Dev and Mert Mumtaz, a well-known figure in the crypto ecosystem, participated in The Rollup program on the crypto broadcasting platform, sharing the latest developments on the Zcash (ZEC) network and a critical roadmap for the project’s future. The discussions highlighted the network’s scalability, security updates, and measures taken against quantum threats.

The recent Ironwood update implemented on the Zcash network is considered one of the project’s most important milestones. Speaking at the event, Mert recalled that during internal red teaming and AI-powered security audits, a potential vulnerability was identified in the Orchard pool that could have allowed the creation of counterfeit notes. Through extensive work and official verification, it was proven that the code mathematically matched the specifications perfectly. With the seamless transfer of funds from the Orchard pool to the new Ironwood pool, the risk of counterfeit coin minting on the network has been completely eliminated, and community concerns have been addressed.

Dev, who shared important technical details about Zcash’s future vision, emphasized that Valor Group’s main goal is to achieve a transaction volume on the scale of a credit card for Zcash. He stated that they aim to process more than 50,000 transactions per second at sub-second speeds while maintaining a full proof-of-work mechanism, and that the main obstacle to scaling is not the nodes themselves, but the wallet scanning processes. It was noted that thanks to new wallet architectures and optimizations, synchronization delays in the user experience will become a thing of the past.

The upcoming Tachion update promises to make Zcash fully protected against quantum computing threats. The update will integrate recursive zero-knowledge proofs into the network. This is reported to reduce transaction sizes by more than five times, eliminate node processing overhead, and resolve state growth issues. With Tachion, the network is claimed to achieve not just “quantum recoverable” but a truly “quantum-proof” privacy structure.

*This is not investment advice.

Source: cryptonews.net