Ethereum founder Vitalik Buterin has reportedly donated to Shielded Labs to support the development of Crosslink, a proposed upgrade to the Zcash (ZEC) consensus structure. The proposal involves adding a parallel finality layer on top of Zcash's existing Proof-of-Work (PoW) consensus mechanism. Shielded Labs explained that the introduction of Crosslink aims to reduce the risk of chain reorganizations and rollbacks while strengthening settlement assurances for confirmed transactions.
Vitalik Buterin donates to support Zcash Crosslink development
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