$ZEC 🔥 Zcash (ZEC) conducted a large-scale NU7 update: block in 25 seconds and burning $15 million!
The most important update NU7 (Network Upgrade 7) has been officially activated on the Zcash network. This event brought two fundamental changes, which are now closely watched by analysts and traders:
⚡ Acceleration of transactions by 3 times
The block generation time has decreased from 75 to 25 seconds. This theoretically tripled the network bandwidth and made ZEC private transactions much faster and more convenient for everyday use.
🔒 Final closure of the Sprout pool and emission reduction
The update permanently closed the oldest confidential pool - Sprout. As a result, about 12,224 ZEC (about $15 million), remaining on the old Sprout addresses, were blocked forever.
The most important update NU7 (Network Upgrade 7) has been officially activated on the Zcash network. This event brought two fundamental changes, which are now closely watched by analysts and traders:
⚡ Acceleration of transactions by 3 times
The block generation time has decreased from 75 to 25 seconds. This theoretically tripled the network bandwidth and made ZEC private transactions much faster and more convenient for everyday use.
🔒 Final closure of the Sprout pool and emission reduction
The update permanently closed the oldest confidential pool - Sprout. As a result, about 12,224 ZEC (about $15 million), remaining on the old Sprout addresses, were blocked forever.
