Zcash Discloses Inflation Bug That Could Have Created Infinite Tokens

Privacy-focussed cryptocurrency, Zcash, has disclosed an inflation bug, discovered 11 months ago, which affected its own and several other privacy-coins. Though the Zcash vulnerability has now been remedied, it took 8 months after discovery, and some coins remain exposed. Zero Knowledge Last March, a Zcash engineer noticed a mistake in a cryptography paper describing certain ‘zero knowledge’ proofs. Zcash (ZEC) and several other coins, use these proofs to enable many of their privacy features. The … Continue reading Zcash Discloses Inflation Bug That Could Have Created Infinite Tokens