Sovright
5 months agoNews Editor

Zcash's Sovright Launches Argos Wallet Recovery Tool to Unlock Stuck Funds for Early Users, Tests Privacy-Focused Mining Pool

Sovright发布Argos钱包恢复工具,帮助早期Zcash用户找回因2022年旧版ZEC Wallet Lite停止维护而卡住的资金。执行董事会主席Michelle Lai称受影响金额可观,主要集中在早期长期持有者。同时Sovright正在测试隐私型Zcash矿池以分散算力,并且团队与分拆成立的ZODL(获Paradigm、a16z支持)保持非对立关系,专注于钱包可用性和基础设施稳定性等遗留问题。

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Zcash's Sovright Launches Argos Wallet Recovery Tool to Unlock Stuck Funds for Early Users, Tests Privacy-Focused Mining Pool
Sovright
5 months agoNews Editor

Sovright Launches Argos Tool to Reclaim Funds Stuck in Zcash Wallets Since 2022 Sunset

Sovright, the non-profit successor to the Electric Coin Company’s Zcash R&D operations, has introduced Argos – a wallet recovery tool designed to help early Zcash users reclaim assets trapped by the discontinuation of the ZEC Wallet Lite in 2022. Executive Board Chair Michelle Lai said Argos can recover shielded-address funds as long as users still possess the old mnemonic phrase. While the exact scale of locked assets is unknown, Lai estimated it to be “significant” and concentrated among long-term holders. Separately, Sovright is testing a privacy-focused Zcash mining pool to reduce hash rate centralization. Meanwhile, former ECC employees have formed ZODL, backed by Paradigm and a16z, focusing on Zcash product development. Sovright stresses no rivalry with ZODL and will continue tackling legacy infrastructure issues in the Zcash ecosystem.

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Sovright Launches Argos Tool to Reclaim Funds Stuck in Zcash Wallets Since 2022 Sunset
Zcash
5 months agoNews Editor

Sovright Launches Argos Wallet Recovery Tool to Help Early Zcash Users Retrieve Stuck Funds

Sovright (the nonprofit successor to the Electric Coin Company's Zcash research arm) has officially unveiled 'Argos', a wallet recovery tool targeting funds stuck in the deprecated ZEC Wallet Lite (discontinued in 2022). Argos can restore assets as long as users retain their seed phrases, though it only covers specific shielded addresses; the exact scale remains unclear but is estimated to be substantial, mainly affecting long-term holders. Separately, Sovright is testing a privacy-focused Zcash mining pool to reduce hash rate concentration, while the organization maintains a cooperative relationship with Zcash Open Development Lab (ZODL), a new entity founded by former Electric Coin Company employees and backed by Paradigm and a16z.

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Sovright Launches Argos Wallet Recovery Tool to Help Early Zcash Users Retrieve Stuck Funds