Zcash's Ironwood Verification Targets Hidden Counterfeit Risk
- Privacy Pool Verification: Project Tachyon is formally verifying Zcash's new Ironwood shielded pool, aiming to mathematically rule out undetectable counterfeiting bugs, thereby enhancing user confidence in ZEC transactions.
- Supply Audit Plan: The Ironwood supply audit plan will transition Zcash to a new shielded pool while employing turnstile accounting to ensure the verifiability of circulating supply, mitigating the risk of invalid ZEC creation hidden in historical activities.
- Enhanced Security: This verification effort provides Ironwood with a second layer of assurance beyond migration design, ensuring that the new shielded pool cannot accept false accounting statements, effectively preventing the circulation of counterfeit notes.
- Ecosystem Coordination: The mainnet path for Ironwood still depends on implementation, audits, and ecosystem coordination, with the goal of establishing a privacy pool that restores the ZEC supply verification model, ensuring the safety and privacy of user funds.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0095 | 0.0142 | 0.0178 | 0.0225 | 0.0261 | 0.0308 | 0.0344 |
| Fibonacci | 0.0142 | 0.0174 | 0.0193 | 0.0225 | 0.0257 | 0.0276 | 0.0308 |
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