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: A Winklevoss-linked investment firm led a $59 million financing for publicly traded Cypherpunk Technologies. Cypherpunk holds and mines $ZEC, while Gemini handles trading and custody for its holdings. Zcash’s NU7 upgrade would reduce block times from 75 seconds to 25 seconds, increasing the processing demands on exchanges. Cypherpunk’s Zcash Strategy Faces a Key ...
Key Highlights Grayscale’s Zcash ETF (ZCSH) will execute a 3-for-1 forward share split effective at the close of trading on September 28, according to an SEC filing. The split aims to improve accessibility after the fund’s value surged approximately 2,800% over the past year, making the per-share price prohibitively high for some investors. Zcash’s native ...
Zcash Advances Network Sustainability Mechanism for NU7 Upgrade The Network Sustainability Mechanism (NSM) proposal is gaining momentum on the Zcash network as a core component of the upcoming NU7 upgrade. This protocol redesign removes a portion of $ZEC from active circulation through transaction fees and recycles that value into future validator rewards, marking a departure ...
Shielded wallets using Zakura Common and full nodes such as Zakura can benefit from Zcash’s new cryptography stack, according to Zcash cofounder Sean Bowe. “Shielded…