Key Highlights ZIP 2003 proposes deprecating version 4 transactions starting with Network Upgrade 7 (NU7), effectively cutting off spending functionality for legacy Zcash Sprout balances. Migrating legacy Sprout funds requires complex manual recovery tools like Argos or specialized procedures, with potential privacy trade-offs exposing transaction amounts during the move to Sapling. NU7 has successfully activated ...
Key Highlights The upcoming Zcash Network Upgrade 7 (NU7) introduces a Network Sustainability Mechanism to redirect transaction fees toward future block rewards. Version 4 transactions will be deactivated under NU7, rendering any ZEC in the legacy Sprout shielded pool unspendable if not migrated before mainnet activation. Zcash developers will assess testnet results on October 20 ...
Key Highlights: Zcash has officially activated Network Upgrade 7 (NU7) on its public testnet, reducing target block times from 75 seconds to 25 seconds. The upgrade introduces the Network Sustainability Mechanism (NSM) to recycle transaction fees and plans the deprecation of version 4 transactions, which will impact the legacy Sprout pool. A final decision on ...