Illia and Mert break down why the Zcash situation is a known ZK circuit trade-off and not the infinite mint catastrophe the market priced in, why Project Tachyon's formal verification is the most bullish upgrade in Zcash history, and why NEAR Intents generated $150K in a single volatile day, buying back NEAR while everyone else was selling.

Illia Polosukhin is Co-Founder of NEAR Protocol, and Mert is Co-Founder of Helius, a leading Solana infrastructure platform.

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Timestamps

00:00 Zcash Exploit Or Not?

00:41 ZK Circuit Risk Explained

02:32 Why ZEC Price Dropped

03:48 Zcash Sapling Pool 2019

05:22 No Infinite Mint Evidence

06:31 Formal Verification Is Solution

08:05 Project Tachyon Quantum Proof

11:18 AI Vulnerability Armageddon Coming

17:02 Zcash Optional Transparency Explained

21:08 NEAR Intents ZEC Inflow

24:35 Bear Case Worst Scenario

30:01 NEAR Profits On Volatility

33:43 Arthur Dumped NEAR Reaction

Guest Socials:

Mert Mumtaz X: https://x.com/mert

Helius X: https://x.com/helius

Helius Website: https://www.helius.dev/

Illia Polosukhin X: https://x.com/ilblackdragon

NEAR Protocol X: https://x.com/NEARProtocol

NEAR Protocol Website: https://www.near.org/

Partners:

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Mert Mumtaz & Illia Polosukhin: What Happened to Zcash (Full Explanation)

The Rollup

Mert Mumtaz & Illia Polosukhin: What Happened to Zcash (Full Explanation)