Shielded Labs Announces Receiving Second Donation from Vitalik

Odaily News: Shielded Labs, an independent core development team led by Zcash (ZEC) founder Zooko, announced on platform X that it has received a donation from Vitalik Buterin, without disclosing the specific amount. The related funds will be used to support the development of Crosslink. Crosslink enhances Zcash's existing Proof of Work (PoW) consensus mechanism by adding a parallel finality layer, thereby preventing chain reorganizations and rollback attacks. Currently, Shielded Labs' funding comes from donations by Zcash holders and supporters, operating independently from the developer fund and block rewards. This donation marks Vitalik's second contribution to Shielded Labs; his first donation was in 2023, used to support the formation of a dedicated team focused on Crosslink.