#zcashdevelopersconfirmnovemberdatefornu7upgrade ๐
Zcash just got a date, and itโs a big upgrade.
๐น When: NU7 will activate at block 3,543,405, expected around Nov. 5.
๐น Faster: block times drop from 75 to 25 seconds, so three confirmations take about 75 seconds instead of nearly four minutes.
๐น Fee burn: 60% of block fees are removed from circulation, with plans to return them to miners from February 2031.
๐น Sprout shutdown: any coins left in the original Sprout system become unspendable, so holders must move them before activation.
๐น Market: $ZEC rose about 12% in 24 hours.
โ ๏ธ Not final yet: the date stays provisional until developers finish the software changes, and a foundation tracker showed 6 of 12 tasks completed.
๐ Prediction: UP for $ZEC into Nov 5. A firm date, faster payments and a fee burn are a strong setup for a privacy coin.
Are you holding $ZEC into the upgrade? ๐
Not financial advice. $ZEC $BTC $BNB
#ZcashDevelopersConfirmNovemberDateForNU7Upgrade #zcash #zec #Privacy
Zcash just got a date, and itโs a big upgrade.
๐น When: NU7 will activate at block 3,543,405, expected around Nov. 5.
๐น Faster: block times drop from 75 to 25 seconds, so three confirmations take about 75 seconds instead of nearly four minutes.
๐น Fee burn: 60% of block fees are removed from circulation, with plans to return them to miners from February 2031.
๐น Sprout shutdown: any coins left in the original Sprout system become unspendable, so holders must move them before activation.
๐น Market: $ZEC rose about 12% in 24 hours.
โ ๏ธ Not final yet: the date stays provisional until developers finish the software changes, and a foundation tracker showed 6 of 12 tasks completed.
๐ Prediction: UP for $ZEC into Nov 5. A firm date, faster payments and a fee burn are a strong setup for a privacy coin.
Are you holding $ZEC into the upgrade? ๐
Not financial advice. $ZEC $BTC $BNB
#ZcashDevelopersConfirmNovemberDateForNU7Upgrade #zcash #zec #Privacy