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#Zcash NU7 upgrade

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Zcash Targets November Upgrade to Make Private Payments Up to Three Times Faster
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Zcash Targets November Upgrade to Make Private Payments Up to Three Times Faster

Key Highlights Zcash’s upcoming NU7 network upgrade proposes reducing target block time by two-thirds, accelerating transaction confirmations for shielded payments. The proposal maintains long-term ZEC issuance by dividing per-block rewards by three and extending the halving interval from 1.68 million to 5.04 million blocks. ZIP-235 introduces a Network Sustainability Mechanism that temporarily removes 60% of ...

Zcash targets November for NU7 mainnet upgrade with 25-second blocks
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Zcash targets November for NU7 mainnet upgrade with 25-second blocks

Key Highlights Zcash developers target November 5 for NU7 mainnet activation after organizations and engineering teams reached “unanimous agreement” on the upgrade’s contents and timeline. The upgrade will reduce block spacing from 75 seconds to 25 seconds, disable version 4 transactions, and integrate the Network Sustainability Mechanism while preserving the halving schedule. $ZEC holders overwhelmingly ...