O que mudou. Em inglês 16 Oct 2026: Maintained at 78; July 2026 Ironwood pool activation, $25M+ ZODL funding, and September 2026 ZIP 218 governance consensus balance post-Orchard supply assurance and 2027 EU AMLR rules.
- Analisado
- 16 de out. de 2026
- Motor
- v5.2.0
- Calculado
- 2026-10-16 05:34 UTC
- Hash de entradas
- 45fd601422e1
Pesquisa, não constitui aconselhamento financeiro. Leia os termos.
Evidências dos pilares
Conjunto de dados 16 de out. de 2026. 7 fontes, 11 citações.Em inglês
Sustentabilidade74
Transparência77
Pessoas de fora conseguem ver e verificar o que a equipe e o protocolo fazem?
NU6.1 codifies on-chain community and coinholder funding, while the Zcash Foundation and Project Tachyon publish quarterly reports and incident disclosures. The June 2026 Orchard soundness flaw still caps the transparency score.134
ReceitaN/A
O protocolo gera taxas reais ou receita com o uso?
Não aplicável. Peso 0,14 no perfil infraestrutura técnica, portanto não aumenta nem diminui a pontuação.
Inovação85
Comunidade70
Tokenomics80
O fornecimento, a emissão e os desbloqueios protegem os detentores contra a diluição?
CoinGecko reports 16.785M ZEC circulating out of a fixed 21M cap (79.9%, applying the -0.5 low-dilution penalty from an 8.5 base). In September 2026, 98.9% of coin-weighted votes affirmed the 4-year halving schedule.71
Fontes
- 1z.cash/upgrade/nu6-1/Citado por Sustentabilidade, Transparência, Tokenomics
- 2zodl.com/zodl-raises-25m-in-seed-funding/Citado por Sustentabilidade, Comunidade
- 3zfnd.org/wp-content/uploads/2026/05/Zcash-Foundation-Q1-2026.pdfCitado por Transparência
- 4tachyon.z.cash/blog/auditing-orchard-supply/Citado por Transparência
- 5zfnd.org/zebra-6-0-0-release/Citado por Inovação
- 6tachyon.z.cash/blog/detecting-counterfeiting-in-zcash/Citado por Inovação
- 7coingecko.com/en/coins/zcashCitado por Comunidade, Tokenomics
Sobre Zcash
Análise de 16 de out. de 2026Em inglês Tradução pendente: esta análise é apresentada em inglês.
Zcash (ZEC) is a proof-of-work privacy cryptocurrency that uses zero-knowledge proofs and shielded value pools to encrypt transaction metadata. Supply is capped at 21 million ZEC, with CoinGecko reporting roughly 16.785 million ZEC (79.9%) in circulation as of October 2026.
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After contributors disclosed a June 2026 soundness flaw in the Orchard proof system, the network activated the NU6.3 Ironwood shielded pool and version 6 transactions on July 28, 2026. Ironwood uses a turnstile migration boundary to contain any hypothetical counterfeit notes.
In September 2026, coin-weighted governance voted 98.9% to preserve the 4-year halving schedule and cut block times from 75 to 25 seconds under ZIP 218.
Tese de investimento
Zcash represents a high-beta cryptographic privacy thesis anchored by a fixed 21 million supply cap and zero-knowledge engineering depth. Constructive fundamentals in 2026 include the rapid July 28 activation of the NU6.3 Ironwood shielded pool, ZODL's $25 million March 2026 seed financing for wallet and protocol development, and NU6.1 block-reward funding (8% to community grants and 12% to a coinholder-controlled fund).
Tese completaMostrar menos
Furthermore, the September 17, 2026 governance poll reinforced monetary predictability with 98.9% support for Bitcoin-style halvings alongside a 3x block-speed upgrade (ZIP 218) targeted for NU7. However, two structural risks justify a 7/10 risk rating.
First, because shielded pools hide balances, retroactive proof that the June 2026 Orchard soundness flaw was never exploited depends on ongoing turnstile migration into Ironwood. Second, Article 79 of the EU Anti-Money Laundering Regulation takes effect July 10, 2027, restricting European exchange access for privacy coins.
Pontos fortes
- Ironwood containment architecture. NU6.3 launched the Ironwood shielded pool and v6 transactions on July 28, 2026, isolating legacy Orchard notes behind a turnstile.
- Ratified monetary scarcity. Coin-weighted governance voted 98.9% in September 2026 to retain the 21M cap and 4-year halving schedule while approving 25-second blocks under ZIP 218.
- Capitalized wallet execution. ZODL secured over $25M in March 2026 to scale self-custodial shielded wallets and cross-chain swap integrations.
- Coinholder-governed treasury. NU6.1 routes 8% of block rewards to community grants and 12% to a coinholder-controlled lockbox through the third halving.
- Mature supply distribution. Roughly 16.785M of the 21M maximum ZEC supply (79.9%) already circulates as of October 2026.
Riscos
- Orchard supply-audit overhang. While Ironwood contains the June 2026 Orchard soundness bug, shielded privacy prevents instant retroactive verification that no counterfeit notes were minted.
- EU AMLR 2027 ban. Article 79 of the EU Anti-Money Laundering Regulation applies from July 10, 2027 and bars EU exchanges from custodying anonymity-enhancing coins.
- Zebra client transition. Deprecating legacy zcashd shifts consensus security onto the Rust-based Zebra node implementation and wallet light-client infrastructure.
- Decentralized coordination friction. Protocol R&D and security assurance are split across ZODL, the Zcash Foundation, Shielded Labs, and Project Tachyon.
Catalisadores
- Q4 2026 - 2027. Ironwood shielded pool migration and formal verificationAlto impacto
- 2027. NU7 network upgrade and ZIP 218 25-second block activationAlto impacto
- Ongoing. ZODL wallet and cross-chain swap expansionMédio impacto
Posição competitiva
Zcash competes against Monero and programmable privacy layers on cryptographic assurance, payment speed, and liquidity resilience. Unlike Monero's mandatory ring-signature model, Zcash uses zero-knowledge proofs with optional viewing keys and transparent addresses, aided by decentralized swap routing through ZODL.
Posição completaMostrar menos
The June 2026 Orchard soundness bug damaged Zcash's historical security record, though the July 2026 Ironwood pool rollout and Project Tachyon formal-verification work show rapid engineering response. Restoring full supply-audit confidence and expanding DEX liquidity ahead of the July 2027 EU AMLR deadline will determine its standing.
Conclusão
Zcash combines a 21 million hard cap (79.9% circulating), funded ZODL wallet execution, and strong September 2026 governance backing for 4-year halvings and 25-second blocks under ZIP 218. Those strengths earn a 7.8/10 STRICT score, balanced by a 7/10 risk rating following the June 2026 Orchard soundness flaw and the July 2027 EU AMLR service-provider ban.
Conclusão completaMostrar menos
HOLD remains warranted while Ironwood turnstile migration and formal verification progress.
