Security engineer Taylor Hornby<\/strong>, who utilized the Claude AI Opus 4.8 model for his analysis, announced plans to include Monero in his upcoming audits. When asked if he would investigate potential weaknesses in XMR and other privacy-centric cryptocurrencies, Hornby confirmed, \u201cAbsolutely! I\u2019ll add Monero to my queue of things to audit.\u201d<\/p>\n The Orchard Counterfeiting vulnerability<\/strong> could have allowed malicious actors to produce an unlimited and undetectable number of counterfeit ZEC tokens. This critical flaw had remained unnoticed since May 2022 until discovered by Hornby on May 29. He promptly reported the issue to the Zcash Open Development Lab (ZODL)<\/strong>, which coordinated a swift emergency fix by June 2.<\/p>\n A public announcement about the vulnerability highlighted that although no evidence of exploitation existed, Zcash\u2019s privacy features made it impossible to cryptographically confirm whether the bug had been misused while it was hidden. This situation has raised concerns regarding the privacy integrity of other cryptocurrencies, particularly Monero.<\/p>\n Hornby underscored his commitment to responsible disclosure, stating that his longstanding relationship with the Zcash development team and the project\u2019s relevance to his life motivated him to report the flaw instead of exploiting it. Furthermore, he revealed his plans to apply for a Zcash coinholder grant and seek voluntary donations to support his continuing research.<\/p>\n The discovery of this vulnerability triggered significant market volatility, with ZEC witnessing a nearly 50% decline in value upon the news. With Monero next on Hornby\u2019s audit list, the outcome of the evaluation could reignite skepticism about the security of privacy-focused cryptocurrencies and the broader market.<\/p>\n Given the uncertainty surrounding the potential exploitation of the Zcash vulnerability, key stakeholders, including Shielded Labs and ZODL, have initiated a proposal known as Ironwood. This initiative aims to allow Zcash users to verify the authenticity of the circulating supply.<\/p>\n The Ironwood proposal intends to enable users to independently ascertain the total circulating supply of Zcash by running their own nodes. It states, \u201cAs soon as Ironwood activates, users can verify from the consensus rules that no more than the correct amount of ZEC can be circulating,\u201d as indicated in the initial documentation.<\/p>\n As of now, ZEC\u2019s price is approximately $400, showing nearly a 4% increase over the last 24 hours, hinting at market responses to these developments.<\/p>\n In recent developments in the cryptocurrency sector, a significant vulnerability has been identified in Zcash related to its Orchard Pool. This flaw has prompted security researchers to extend their audits to other privacy-focused digital currencies, including Monero. Security Researcher to Evaluate Monero Following Zcash Vulnerability Security engineer Taylor Hornby, who utilized the Claude AI Opus […]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"Researcher Plans Future Audit of Monero After Zcash Flaw\u53d1\u73b0 - Bitrabo","description":"In recent developments in the cryptocurrency sector, a significant vulnerability has been identified in Zcash related to its **Orchard Pool**. This flaw has pro"},"footnotes":""},"categories":[316],"tags":[8606,7079,1095,638,4225,480,9055,18016],"class_list":["post-58767","post","type-post","status-publish","format-standard","hentry","category-crypto-news","tag-audit","tag-flaw","tag-future","tag-monero","tag-researcher","tag-targets","tag-xmr","tag-zcash"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/58767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=58767"}],"version-history":[{"count":2,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/58767\/revisions"}],"predecessor-version":[{"id":58769,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/58767\/revisions\/58769"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=58767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=58767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=58767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/span>The Future of Privacy Coins: What\u2019s Next?<\/strong><\/span><\/h2>\n
<\/p>\n","protected":false},"excerpt":{"rendered":"