USSTOCK.TODAY
Regular Market
Log in Sign up

Zcash to implement NU7 network upgrade around November 5

The Motley Fool +1 · ·by G4L

  1. 1Zcash will proceed with the NU7 network upgrade around November 5.
  2. 2After the upgrade, block time will decrease from 75 seconds to 25 seconds, a 3x increase in Zcash's faster confirmation speed.
  3. 3Zcash will set the ratio of transaction fees in each block sent to reserves at 60% and decommission Sprout.

So what's the key point?

Zcash is planning to update its network around November 5. Transaction confirmation speeds will become 3 times faster, and the way fees are distributed will also change.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Venice Token Records 1,250% Annual Value Increase The Motley Fool +1 · 6d agoHecla Mining Co. reports $149.6 million in third-quarter net income Associated Press +2 · 6d agoStevanato Group Q3 Results Beat Estimates; GLP-1 Customer Reduces Volume Earnings Whispers +1 · 6d ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news