💰 Zcash is three times faster: NU7 upgrade launched
The major NU7 upgrade has been successfully activated on the Zcash mainnet, reducing the target block creation time from 75 to 25 seconds.
Confirmation of private transfers #ZEC should now take significantly less time. The upgrade also increases network throughput and reduces the load on wallets.
💰 One more change: 60% of fees are temporarily being taken out of circulation and will gradually be returned as rewards to miners starting in 2031.
The major NU7 upgrade has been successfully activated on the Zcash mainnet, reducing the target block creation time from 75 to 25 seconds.
Confirmation of private transfers #ZEC should now take significantly less time. The upgrade also increases network throughput and reduces the load on wallets.
💰 One more change: 60% of fees are temporarily being taken out of circulation and will gradually be returned as rewards to miners starting in 2031.