A correction is underway for ZEC
๐๐๐๐๐๐๐
The NU7 upgrade has been activated on the Zcash network ahead of schedule.
โช๏ธ The block time is being reduced from 75 to 25 seconds.
โช๏ธ Plans are in place to allocate 60% of transaction fees toward re-issuance for miners.
However, the chart shows the opposite reaction: investors are taking profits, and ZEC coins are being withdrawn from the Grayscale fund ($15 million in November).
#zec #zcash
$ZEC
๐๐๐๐๐๐๐
The NU7 upgrade has been activated on the Zcash network ahead of schedule.
โช๏ธ The block time is being reduced from 75 to 25 seconds.
โช๏ธ Plans are in place to allocate 60% of transaction fees toward re-issuance for miners.
However, the chart shows the opposite reaction: investors are taking profits, and ZEC coins are being withdrawn from the Grayscale fund ($15 million in November).
#zec #zcash
$ZEC
