Zcash co-founder zooko (@zooko) posted that external concerns regarding the potential secret inflation of the ZEC supply are unfounded; anyone can verify on their local computer that the current total ZEC supply is 16,848,458 coins without waiting for months.<\/p>\n
Regarding the background, Zcash is undergoing a protocol migration from Orchard to Ironwood, and some users mistakenly believe they need to wait for the migration to complete to confirm whether an inflation issue exists. In response, Boston Zcash pointed out that Zcash's "turnstile" mechanism design ensures that 100% of Orchard funds will never fully migrate to Ironwood (due to reasons such as lost private keys), therefore "migration completion" itself is not the correct standard for judging whether inflation has occurred.<\/p>\n
Source: TechFlow Crypto News<\/a> \u00b7 Original<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Zcash co-founder zooko (@zooko) posted that external concerns regarding the potential secret inflation of the ZEC supply are unfounded; anyone can verify on their local computer that the current total ZEC supply is 16,848,458 coins without waiting for months.<\/p>\n Regarding the background, Zcash is undergoing a protocol migration from Orchard to Ironwood, and some users mistakenly believe they need to wait for the migration to complete to confirm whether an inflation issue exists. In response, Boston Zcash pointed out that Zcash’s “turnstile” mechanism design ensures that 100% of Orchard funds will never fully migrate to Ironwood (due to reasons such as lost private keys), therefore “migration completion” itself is not the correct standard for judging whether inflation has occurred.<\/p>\n","protected":false},"featured_media":0,"template":"","btc_ct_section":[8],"class_list":["post-447","btc_ct_news","type-btc_ct_news","status-publish","hentry","btc_ct_section-tf_crypto"],"_links":{"self":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news\/447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/btc_ct_news"}],"about":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=\/wp\/v2\/types\/btc_ct_news"}],"wp:attachment":[{"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=447"}],"wp:term":[{"taxonomy":"btc_ct_section","embeddable":true,"href":"https:\/\/www.btcethdata.com\/index.php?rest_route=%2Fwp%2Fv2%2Fbtc_ct_section&post=447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}