zcash devs: yeah so there's this bug we're fixing don't think anyone has exploited, orchard pool shielded transactions are paused until ~ 11pm et. miners need to hard fork. we’ll let you know what the issue was after fork.
market: understood. send it to $600 with haste.
Update: Coordinated Network Upgrade for Orchard transactions.
The network upgrade is in progress. During this period, the Zcash network continues to run, and transparent and Sapling-shielded transactions are functioning normally. The Network Upgrade is specific to the mining of Orchard transactions.
There is no evidence of any exploit. Your funds and privacy are safe. No user action is needed.
Ecosystem-wide coordination includes deployment of both consensus nodes: zcashd, zebrad, as well as SDKs and other supporting infrastructure. As part of this coordinated rollout, several mining pools requested additional time to complete deployment and quality-control procedures, particularly given the need to coordinate teams and operators across multiple time zones.
We anticipate that miners will begin accepting Orchard transactions again at approximately 23:00 EDT.
Additional information will be shared when the upgrade is complete.