Zcash Core Developer: Ironwood Upgrade Achieves New Progress, Multiple Organizations Reach Consensus on Key Changes

Zcash core developer Sean Bowe has published an update on the progress of the Ironwood upgrade, stating that over the past 48 hours, protocol developers from various organizations have held two meetings and reached consensus on multiple specifications and implementation details of Ironwood. These include disabling Orchard pool bundles in Coinbase transactions, using anchors as authentication data for hardware wallet migrations, and the processing order of ZIPs and specifications.

Currently, the Ironwood circuit and the ZIP 2005 integration draft are under review. Valar Group has completed the testnet setup and implemented some wallet-side changes. Meanwhile, formal verification work is progressing steadily, with the development team planning to hold a meeting tomorrow to finalize the verification strategy. Furthermore, at least three major auditing firms are conducting security audits of Orchard, and multiple AI auditing tools have also been deployed simultaneously. Sean Bowe stated that overall development is proceeding smoothly.