Ironwood Proposal To Restore Zcash Supply Verification The primary goal of Ironwood is to give each user the ability to independently verify Zcash’s supply. Developers said that once activated, users running a node would be able to confirm that the circulating supply has not been tampered with.
The report said Ironwood could also provide evidence about whether the vulnerability was ever exploited during last week’s incident. As users move funds into a new pool, any potential counterfeiter would face a difficult choice: either try to transfer fake coins, risking exposure, or leave the coins behind.
If no extra ZEC tries to leave the Orchard pool, the report noted that it would strongly suggest the flaw was never exploited. If excess funds actually try to exit, they would be blocked and effectively destroyed, preserving the current circulating supply while publicly showing that counterfeiting had occurred.
