Saylor's Lesson, Zcash's Crash & AI Coming for Crypto - The Chopping Block
Unchained · 56:30 · 2 weeks ago
About
Saylor sold 32 BTC—a $3 million test transaction—triggering a market dip that fell below $58 K before rebounding above $62 K. Taylor Hornby employed Claude Opus 4.8 to expose an infinite‑mint flaw in Zcash’s Orchard circuit, sparking a 50%+ price plunge. Zcash developers issued an emergency Ironwood soft fork and plan formal verification by mid‑July to ensure no counterfeit minting occurs.
Key points
- Mert asserts that despite short‑term setbacks, the broader battle will be won because he remains “long math”
- NEAR protocol recorded $240 million in one‑day trading volume during a Friday market bloodbath, creating a deflationary day for the NEAR token
- Three independent teams will conduct formal verification of the Ironwood upgrade, targeting completion before the mid‑July release