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Valar is a decentralized platform for simple peer-to-peer staking on the Algorand blockchain.
Zcash Core Developer: Ironwood Upgrade Makes New Progress, Multiple Organizations Reach Consensus on Key Changes
Zcash core developer Sean Bowe posted 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 for 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 testnet deployment and implemented some wallet-side changes. Meanwhile, formal verification work is progressing, and the development team plans to meet tomorrow to finalize the verification strategy. Additionally, at least three major audit firms are conducting security audits on Orchard, and multiple AI audit tools have been put into use simultaneously. Sean Bowe stated that the overall development progress is running smoothly.
ZODL proposes launching a new privacy pool, Ironwood, scheduled to activate and enhance Zcash security by the end of July 2026.
Zcash ecosystem core contributor ZODL announced a new network upgrade proposal and privacy pool, Ironwood, in collaboration with Tachyon, Valar Group, the Zcash Foundation, and Shielded Labs. Ironwood will be built upon the existing Orchard protocol and further enhance security through formal verification and additional independent audits.
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Zcash Core Developer: Ironwood Upgrade Makes New Progress, Multiple Organizations Reach Consensus on Key Changes
Zcash core developer Sean Bowe posted 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 for 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 testnet deployment and implemented some wallet-side changes. Meanwhile, formal verification work is progressing, and the development team plans to meet tomorrow to finalize the verification strategy. Additionally, at least three major audit firms are conducting security audits on Orchard, and multiple AI audit tools have been put into use simultaneously. Sean Bowe stated that the overall development progress is running smoothly.
ZODL proposes launching a new privacy pool, Ironwood, scheduled to activate and enhance Zcash security by the end of July 2026.
Zcash ecosystem core contributor ZODL announced a new network upgrade proposal and privacy pool, Ironwood, in collaboration with Tachyon, Valar Group, the Zcash Foundation, and Shielded Labs. Ironwood will be built upon the existing Orchard protocol and further enhance security through formal verification and additional independent audits.
Stablecoin startup bank Augustus receives OCC federal banking charter and completes $40 million funding round
According to Fortune, stablecoin-focused bank Augustus has received a federal banking charter from the U.S. Office of the Comptroller of the Currency (OCC), becoming the eighth institution to obtain such a license since 2010. Simultaneously, Augustus closed a $40 million funding round, with investors including Valar Ventures (founded by Peter Thiel), Creandum, and founders of Ramp, Deel, and Circle.