Vitalik Buterin Backs Crosslink, Supporting Shielded Labs’ Zcash Security Project

Vitalik Buterin endorses Zcash Crosslink-
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Vitalik Buterin supports Zcash Crosslink with a donation to a Shielded Labs project aimed at strengthening the consensus architecture of the privacy coin. Buterin described Zcash as one of the most “honorable” projects and highlighted that this upgrade will allow the network to be more secure with a lower security budget, ensuring its long-term viability.

Crosslink acts as a parallel finality layer on top of the current Proof-of-Work system, protecting the network against reorganization attacks and rollbacks. This represents a major advancement for the ecosystem, as it enables faster confirmations on exchanges and easier integration with cross-chain infrastructures. Furthermore, the news comes following the closure of an SEC investigation, providing much-needed regulatory relief for Shielded Labs’ development.

Moving forward, the project will launch an incentivized testnet where participants can earn ZEC rewards. The community will need to closely monitor security audits and coordination with wallet providers to ensure that the Crosslink implementation meets robustness expectations before its final production deployment.


Source:https://x.com/ShieldedLabs/status/2019810516810785042


Disclaimer: Crypto Economy Flash News is prepared from official and public sources verified by our editorial team. Its purpose is to quickly inform about relevant events in the crypto and blockchain ecosystem. This information does not constitute financial advice or investment recommendations. We recommend always verifying the official channels of each project before making related decisions.

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