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Transparent supply verification helps address exploits, Joe Burnett notes
Joe Burnett raises concerns about the potential presence of bugs in Zcash, suggesting that such issues could lead to market uncertainty regarding the true supply.
He contrasts this with Bitcoin, arguing that its transparent ledger allows anyone to verify the supply, assess damage from possible bugs, and implement fixes if necessary.
Burnett previously observed that Bitcoin is currently trading below its all-time high from five years ago, a pattern also seen in 2022, in a recent market review. He has also highlighted that Bitcoin's record high eight months ago contrasts with ongoing weak sentiment, calling such price swings typical volatility in the sector, according to a separate analysis. These observations provide context for his focus on blockchain transparency and supply verification.
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