#zcash预计nu7升级致1600万美元zec无法转出
【Follow Old Leek for wealth insights】Old Leek Watch: Zcash’s NU7 upgrade will lock up approximately $16 million worth of ZEC, as the old privacy pool enters its exit countdown!
📊 What impact could this have on the market?
$ZEC : Funds in the old privacy pool cannot be transferred out. This may draw attention in the short term, but it does not mean the ZEC supply is shrinking, nor should it be viewed as a direct positive. The market should pay closer attention to whether the upgrade goes smoothly and whether wallets and nodes are compatible.
Zcash ecosystem: Retiring outdated privacy technology can reduce software complexity and maintenance burdens, while shorter block times can improve the transaction confirmation experience. However, during the upgrade, users of older wallets and infrastructure providers need to pay particular attention to compatibility.
Privacy coin sector: This event is another reminder that privacy protection involves more than transaction anonymity—it also involves migrating from old protocols, wallet compatibility, and asset accessibility. Users must also bear the risks that come with technical upgrades.
Once the upgrade is activated, the network will no longer accept Version 4 transactions, which are currently the only transaction format available for withdrawing funds from the Sprout pool. In other words, ZEC left in the pool may no longer be usable.
📌 Three details about this event are worth watching:
1️⃣ Approximately 12,200 ZEC are at risk of becoming impossible to withdraw
Over the past week, the Sprout pool balance fell from approximately 22,263 ZEC to 12,226 ZEC, with more than 10,000 ZEC already withdrawn.
Notably, only about 40 ZEC left the privacy pool on Wednesday, suggesting that some funds have not yet been migrated in time.
2️⃣ Having the private key does not mean you can still make transfers
However, these tokens have not been destroyed and are still included in the ZEC supply. ZIP 2003 also leaves open the possibility of restoring access through a future network upgrade, but does not guarantee that access can be restored.
3️⃣ NU7 does more than shut down the old privacy pool—it also brings performance improvements
The main changes in this upgrade include:
Shorter block times: Reduced from 75 seconds to 25 seconds, with a target block production rate approximately three times faster.
【Follow Old Leek for wealth insights】Old Leek Watch: Zcash’s NU7 upgrade will lock up approximately $16 million worth of ZEC, as the old privacy pool enters its exit countdown!
📊 What impact could this have on the market?
$ZEC : Funds in the old privacy pool cannot be transferred out. This may draw attention in the short term, but it does not mean the ZEC supply is shrinking, nor should it be viewed as a direct positive. The market should pay closer attention to whether the upgrade goes smoothly and whether wallets and nodes are compatible.
Zcash ecosystem: Retiring outdated privacy technology can reduce software complexity and maintenance burdens, while shorter block times can improve the transaction confirmation experience. However, during the upgrade, users of older wallets and infrastructure providers need to pay particular attention to compatibility.
Privacy coin sector: This event is another reminder that privacy protection involves more than transaction anonymity—it also involves migrating from old protocols, wallet compatibility, and asset accessibility. Users must also bear the risks that come with technical upgrades.
Once the upgrade is activated, the network will no longer accept Version 4 transactions, which are currently the only transaction format available for withdrawing funds from the Sprout pool. In other words, ZEC left in the pool may no longer be usable.
📌 Three details about this event are worth watching:
1️⃣ Approximately 12,200 ZEC are at risk of becoming impossible to withdraw
Over the past week, the Sprout pool balance fell from approximately 22,263 ZEC to 12,226 ZEC, with more than 10,000 ZEC already withdrawn.
Notably, only about 40 ZEC left the privacy pool on Wednesday, suggesting that some funds have not yet been migrated in time.
2️⃣ Having the private key does not mean you can still make transfers
However, these tokens have not been destroyed and are still included in the ZEC supply. ZIP 2003 also leaves open the possibility of restoring access through a future network upgrade, but does not guarantee that access can be restored.
3️⃣ NU7 does more than shut down the old privacy pool—it also brings performance improvements
The main changes in this upgrade include:
Shorter block times: Reduced from 75 seconds to 25 seconds, with a target block production rate approximately three times faster.