Key Highlights: Zcash’s orphan block rate fell to 0.69% over a 24-hour period ending early Monday following the network’s NU7 upgrade, performing better than developer expectations. While the cumulative orphan rate post-NU7 sits at 1.29% after an initial spike, ZecBlock’s tracking expansion from one node to ten accounts for increased detection sensitivity. Controlled developer stress ...
Key Highlights Testing of Zakura, a new Zcash node client by Valar Group and Project Tachyon, demonstrated 25-second block intervals across 80 nodes in 11 regions. Faster block times increased the orphan block rate to 3.43% under maximum transaction loads, compared to 1.57% under the legacy 75-second cadence. The upcoming NU7 upgrade introduces block limits ...
Key Highlights: Zcash is preparing to deprecate its legacy Sprout shielded pool with the upcoming Network Upgrade 7 (NU7) at block 3,543,405. Approximately 12,226 ZEC (worth around $16 million) remains in the Sprout pool, down from roughly 22,300 ZEC in mid-October. Unmigrated Sprout funds will not be burned or removed from total supply, but any ...
Key Highlights Zcash developer Sean Bowe proposed activating the privacy-focused blockchain upgrade NU7 at block 3,543,405, following agreement by Zcash Improvement Proposal editors. NU7 would reduce block times from 75 seconds to 25 seconds, cutting the wait for three confirmations from nearly four minutes to about 75 seconds. Zakura’s public upgrade dashboard lists block 3,543,405 ...
Key Highlights Bitcoin rose 1.3% to just above $82,700, hovering near $83,000 during Wednesday’s Asian morning trading. Zcash’s ZEC led major cryptocurrencies with an 11% gain to about $1,260 following the activation-height decision for the NU7 network upgrade. Gains extended across the market: HYPE and DOGE advanced more than 3%, while XRP, ether, BNB, and ...
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…