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Ironwood’s security upgrade still isn’t translating into a rerating for $ZEC. ZIP-318 splits balances into canonical denominations and staggers broadcasts, meaning a gradual migration is consistent with stronger privacy, while raw transfer counts may overstate actual holder adoption. Orchard’s circuit flaw also raised concerns that a malicious proof could create hidden value, though the corrected circuit restored functionality at block 3,364,600. $ETH $ETH $OKB #XiaomiQ2Earnings