A network upgrade does not turn on when the calendar says November 5. It turns on at block 3,543,405, and that gap is easy to trade wrong.
The painful version is familiar. You size a $ZEC position because the date is circled, withdrawals pause right as you want out, and the only liquid option feels like moving into $USDT at the worst print of the day.
Developers have agreed to activate NU7 around November 5, at block 3,543,405. Around is the word that matters. Block time drifts, so the headline date can slip by hours while the chain keeps counting. If your node, your wallet, or the venue holding the coins is still on the old rules at that height, credits lag and the book gets thin exactly when you need an exit.
There is also the upgrade bid that shows up early and leaves fast. People rotate out of $BTC into $ZEC for the activation, then find out the block itself is a rules change, not a new narrative. If support is patchy or the market sells the news, the damage clusters around that height rather than around the announcement.
Are you watching the date, or are you actually watching block 3,543,405?
#Zcash #NU7 #OnChain
The painful version is familiar. You size a $ZEC position because the date is circled, withdrawals pause right as you want out, and the only liquid option feels like moving into $USDT at the worst print of the day.
Developers have agreed to activate NU7 around November 5, at block 3,543,405. Around is the word that matters. Block time drifts, so the headline date can slip by hours while the chain keeps counting. If your node, your wallet, or the venue holding the coins is still on the old rules at that height, credits lag and the book gets thin exactly when you need an exit.
There is also the upgrade bid that shows up early and leaves fast. People rotate out of $BTC into $ZEC for the activation, then find out the block itself is a rules change, not a new narrative. If support is patchy or the market sells the news, the damage clusters around that height rather than around the announcement.
Are you watching the date, or are you actually watching block 3,543,405?
#Zcash #NU7 #OnChain