@0xSammy "Privacy becoming a bug not a feature"
No, it never was and never will be either.
privacy is a fundamental right.
and it should not be gatekept behind complex ux or high tx fees.
Forever feeless 100% private instant transactions are possible.
just >shift.
The Zcash Orchard exploit is bigger than Zcash.
This isn't a Zcash-specific problem.
In any ZK privacy system, the same property that makes transactions private also makes counterfeiting undetectable if the proof breaks.
The math alone can't be your only line of defense. Hardware that enforces the same rules closes the gap.
THE BUG
• Root cause: under-constrained element in the Orchard ZK circuit
• False inputs to elliptic curve multiplication still passed proof verification
• Could generate unlimited, undetectable ZEC inside a shielded pool
TIMELINE
• May 2022 → Bug introduced with Orchard activation
• May 29, 2026 → Discovered by Taylor Hornby using Anthropic Opus 4.8 during a targeted audit
• Jun 2, 2026 → Emergency patch deployed via hard fork (block 3,364,600)
• Jun 5, 2026 → Public disclosure. ZEC −31%
WHY IT'S SERIOUS
• 4.5M ZEC (~$2.6B at pre-drop price) sitting in Orchard
Undetected for 4 years including under scrutiny from the world's best cryptographers.
• Cryptographically impossible to prove the bug wasn't exploited before the fix. The same privacy guarantee that protects users is what makes supply integrity unauditable.
Now you know a shift is needed.
>shift
lamport signatures are beautiful
it starts with you making a bunch of secret pairs, hashing them, and then publishing those hashes as your public key.
when you want to sign a message, you hash the message and reveal one secret from each pair based on the bits of that hash.
the verifier just hashes your revealed secrets and checks whether they match what you published
and if that’s the whole trick then but why is it so beautiful?
because it only works once, you can’t use the same key again and again cause if you do then it will start leaking enough information for someone to eventually break the puzzle and forge your signatures.
And that makes it not much practical for everyday systems.
but as a primitive method, it’s elegant in the way good cryptography should be.
just simple logic, strong assumptions, no unnecessary drama, just hashes doing exactly what they’re supposed to do.
>shift
money has taken several forms over human history
coins > paper notes > blockchains > [final form]
what do you think the final form of money would look like?
>shift
Our beta will close to the public very soon.
The first 100 people that sign up with code: REWARD and place a trade will receive a special gift.
One Hunch could change your life.
Introducing Hunch, the most advanced trading terminal and Prediction market aggregator.
Track wallets, spot unusual activity, find arbitrage, execute with the best routing & so much more.
Live now with a next level reward engine to incentivize being early and inviting friends.
3K Followers 227 Following💳 The intelligence platform for crypto spending, covering cards, stablecoins, neobanks, issuers, and the infrastructure behind them.
39K Followers 3K Followingex software engineer ⮕ content | millions of views across tech & lifestyle content | growth hacking distribution for the best products
97K Followers 3K Followingi write words for founders • dad to summer with @maggielove_ • did stuff at @yale @harvardhbs @baincapital @aztecnetwork @asylumventures
5K Followers 1K Followingprobably researching a story / ai + cryptography
prev: cofounded struthless + step one
https://t.co/urxXdwUqF8
librarian: https://t.co/BZRFVrPRmq
21K Followers 7K Followingi'm betting on the world becoming one big computer
blogger @lemniscap prev @theblockco & decision research @uchicago @columbia
271K Followers 22K FollowingFounder of @ChainLeak Host of https://t.co/jjzQpkSE8g • Founder of @JaxonMarketing Marketing/Branding. Connecting Founders, Capital, and Attention.
52K Followers 7K FollowingFounder & CEO @coinfund. Engineer. Investor. Digital network expert (blockchain, AI). Champion of the builders of frontier tech. (Not investment advice.)
600K Followers 608 FollowingWe back bold entrepreneurs building the next internet.
Posts are not investment advice or an advertisement for investment services. See https://t.co/CrY32IX80W 👇