BREAKING: Zcash Developers Confirm November 5 for NU7 Upgrade â 3x Faster Private Payments! đâĄïž
It's official. Zcash devs unanimously agreed on Sept 17 to target Nov 5, 2026 for NU7 mainnet activation at block height 3,543,405, proposed by Sean Bowe (ebfull). Final decision after testnet review Oct 6.
Biggest change: Block time drops from 75 seconds to 25 seconds â 67% reduction. Private payments now 3x faster (3 confirmations in âŒ75s vs âŒ225s before). Implemented via ZIP-218.
What else in NU7?
Sprout shielded pool officially retired â legacy v4 transactions disabled, users must migrate to Orchard.
Network Sustainability Mechanism (NSM) introduced â 60% of transaction fees temporarily burned/removed from circulation, returning as mining rewards from Feb 2031 to fund long-term development.
$ZEC rallied 11%+ today to $... as market prices in speed boost. Winklevoss' Gemini already switching software to handle 3x block rate.
Privacy season back?
$ZEC - Direct NU7 beneficiary, 3x speed upgrade
$XMR - Monero, privacy coin sympathy play
$ZECshielded - Zcash shielded pool growth metrics
#NU7 #PrivacyCoins #BinanceSquare#zcashdevelopersconfirmnovemberdatefornu7upgrade
It's official. Zcash devs unanimously agreed on Sept 17 to target Nov 5, 2026 for NU7 mainnet activation at block height 3,543,405, proposed by Sean Bowe (ebfull). Final decision after testnet review Oct 6.
Biggest change: Block time drops from 75 seconds to 25 seconds â 67% reduction. Private payments now 3x faster (3 confirmations in âŒ75s vs âŒ225s before). Implemented via ZIP-218.
What else in NU7?
Sprout shielded pool officially retired â legacy v4 transactions disabled, users must migrate to Orchard.
Network Sustainability Mechanism (NSM) introduced â 60% of transaction fees temporarily burned/removed from circulation, returning as mining rewards from Feb 2031 to fund long-term development.
$ZEC rallied 11%+ today to $... as market prices in speed boost. Winklevoss' Gemini already switching software to handle 3x block rate.
Privacy season back?
$ZEC - Direct NU7 beneficiary, 3x speed upgrade
$XMR - Monero, privacy coin sympathy play
$ZECshielded - Zcash shielded pool growth metrics
#NU7 #PrivacyCoins #BinanceSquare#zcashdevelopersconfirmnovemberdatefornu7upgrade