In the world of shitcoins, it's a bloodbath.
In June, Taylor Hornby, using Claude Opus 4.8, discovered an unconstrained element in Zcash's Orchard circuit that allowed counterfeit ZEC to be minted inside the shielded pool without leaving any on-chain trace. The bug had been there for four years. No one can cryptographically prove that it had not already been exploited. ZEC lost 38% of its value in a single day.
Two months earlier, in March, another researcher had found a separate vulnerability in Zcash's legacy Sprout pool with the help of AI: nodes could completely skip proof verification.
In February, a bug in Nethermind, the client used by roughly 40% of Ethereum validators, could have taken them offline with a single malformed transaction.
In May, AI agents combed through thousands of smart contracts on BNB Chain and found a token-launch service that left fee withdrawals accessible to anyone. Four days later, a human attacker independently discovered and exploited the same vulnerability.
Why is Bitcoin's base layer still standing?
Because Bitcoin, at its foundational layer, is deliberately stupid software. What shitcoiners spent years calling Bitcoin's weakness - a limited, rigid language incapable of handling complexity - is turning out to be the only defense that still holds.
naddr1qq3x...
In June, Taylor Hornby, using Claude Opus 4.8, discovered an unconstrained element in Zcash's Orchard circuit that allowed counterfeit ZEC to be minted inside the shielded pool without leaving any on-chain trace. The bug had been there for four years. No one can cryptographically prove that it had not already been exploited. ZEC lost 38% of its value in a single day.
Two months earlier, in March, another researcher had found a separate vulnerability in Zcash's legacy Sprout pool with the help of AI: nodes could completely skip proof verification.
In February, a bug in Nethermind, the client used by roughly 40% of Ethereum validators, could have taken them offline with a single malformed transaction.
In May, AI agents combed through thousands of smart contracts on BNB Chain and found a token-launch service that left fee withdrawals accessible to anyone. Four days later, a human attacker independently discovered and exploited the same vulnerability.
Why is Bitcoin's base layer still standing?
Because Bitcoin, at its foundational layer, is deliberately stupid software. What shitcoiners spent years calling Bitcoin's weakness - a limited, rigid language incapable of handling complexity - is turning out to be the only defense that still holds.
naddr1qq3x...
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