Post
奕泽YIZZE
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A new breakthrough in blockchain privacy technology! Zcash’s major upgrade is live—is it time to take another look at the privacy sector?
Recently, a noteworthy technical development emerged in the cryptocurrency market: privacy-focused cryptocurrency Zcash completed its NU7 mainnet upgrade.
According to a November 6 report by CoinDesk, the upgrade has officially gone live. One major change is that block generation time has been reduced to one-third of what it was.
Some may ask: hasn’t blockchain always emphasized transparency? Why does it need privacy technology?
Actually, the two are not contradictory.
Transparency can help users verify transactions and track the flow of funds, while privacy technologies aim to protect users’ sensitive information without sacrificing the ability to verify transactions.
According to a November 6 report by CoinDesk, the upgrade has officially gone live. One major change is that block generation time has been reduced to one-third of what it was.
Some may ask: hasn’t blockchain always emphasized transparency? Why does it need privacy technology?
Actually, the two are not contradictory.
Transparency can help users verify transactions and track the flow of funds, while privacy technologies aim to protect users’ sensitive information without sacrificing the ability to verify transactions.
