Zcash is done after a bug let anyone freely mint ZEC, and its privacy narrative is not showing up in actual demand. Outside niche uses, Zcash processes fewer than 10,000 transactions a day, about a third of Monero's and well below chains like Berachain and Monad that many consider dead. A 21 million supply cap is not unique, and privacy belongs inside protocols like Ethereum and big wallets rather than in standalone privacy tokens. x.com 

Zcash is running what amounts to an unlimited mint scam, and the timing alongside Mert's move to Dubai is oddly suspicious. x.com 

Zcash's privacy is its lasting edge because bank accounts may never become private, while quantum resistance should become a requirement for all survivors. Its public transactions make institutional integration easier than Monero's, giving it a larger potential market. Monero has value and is probably oversold, though FCMP++ has no clear timeline. Institutions' comfort with Zcash could fade if governments clamp down. x.com  x.com  x.com  x.com  x.com  x.com 

Zcash does not deserve the attention it is getting: it is a poor security token that can be controlled and manipulated. x.com 

Zcash's privacy makes its supply unauditable, so a counterfeiting bug has left a doubt the market cannot disprove. A white-hat researcher hired by Shielded Labs used Opus 4.8 to build a working exploit for a two-line Orchard circuit bug present since 2022. It was patched within days and never hit mainnet, and the team says no counterfeit ZEC was minted, but that cannot be proven. Unlike bitcoin, ZEC traded verifiability for privacy, and an asset that cannot be proven clean cannot be patched. … Show more

The Shielded Bitcoin paper is no competitor to Zcash, which keeps its lead in base-layer privacy. The paper relies on a trusted setup, lacks consensus enforcement and trustless light clients, leaves its bridge unspecified and pays Bitcoin L1 fees. Zcash has a shielded pool of more than $7B with millions of transactions to hide in, about 10 years in production, and the wallets, audits and hardware support; privacy works best when built into the base layer. x.com 

Zcash's trust as a currency is broken after a flaw allowing counterfeit tokens was exposed, and it could be sold to zero. Per @BullTheoryio, researcher Taylor Hornby used Claude Opus to build a working proof of concept that minted fake ZEC through a bug hidden in the Orchard privacy pool since 2022. It was patched June 2, but Zcash's privacy design makes it impossible to know whether fake ZEC was minted before the fix. ZEC fell over 50% in a day, and any rebound should crash again. x.com  x.com  … Show more

Zcash is a shitcoin, and buyers are going to lose their money. Money can only succeed when no central entity controls it, and the world is realizing there is Bitcoin and then everything else, with no second best. ZEC has traded near zero since 2016. x.com 

Zcash's crash on news of an Orchard inflation bug was unjustified, and the price looks set to go considerably higher toward $486-527. The protocol's built-in turnstile mechanism verified that no additional supply was created, the bug was fixed before the panic, and the protocol is now more secure, not less. Bitcoin and Ether have had bugs too, and negative news without lasting technical failure is usually reversed within days. In a crypto bear market, this is only a short-term trade. x.com  x.com  … Show more

Zcash's rally lacks visible demand. Its privacy-focused ethos is respectable, but buyers are hard to identify, and the move looks driven by a low float, as @StockBaron_ suggests. x.com  x.com  x.com