Haseeb Qureshi: Dragonfly Still Holds ZEC, and I'm Personally Invested in ZODL Amid Zcash Bug Concerns Dragonfly partner Haseeb Qureshi sai…
Haseeb Qureshi: Dragonfly Still Holds ZEC, and I'm Personally Invested in ZODL Amid Zcash Bug Concerns
Dragonfly partner Haseeb Qureshi said the recently patched Zcash bug would mainly have affected shielded ZEC holders, not transparent ZEC holders, if it had been exploited before the fix. He said nearly all ZEC market liquidity is in transparent ZEC, making newly minted counterfeit shielded ZEC difficult to sell on exchanges.
Qureshi added that the Zcash team plans to introduce a new turnstile and fresh shielded pool to confirm the old pool was not inflated, and noted that the shielded pool's share of supply fell only from 31% to 30% over the past 48 hours, suggesting no mass exit. He also disclosed that Dragonfly continues to hold ZEC, while he is personally an investor in ZODL.