đš ZCASH JUST GOT 3X FASTER â WITHOUT SACRIFICING PRIVACY.
The NU7 update for @Zcash is now available, bringing a major improvement to the $ZEC network.
Block times have dropped from 75 seconds to just 25 seconds, making transactions nearly 3x faster while preserving Zcashâs core privacy capabilities.
Hereâs what changes:
⥠Faster Confirmations: Three confirmations now take approximately 75 seconds instead of 4 minutes.
đ Privacy Preserved: Shielded transactions remain central to Zcashâs design.
đĄïž Spam Protection: New restrictions on shielded interactions aim to reduce potential spam attacks.
âïž Mining Economics: Issuance remains unchanged but will be rebalanced, with 60% of fees allocated to a miner reserve starting in 2031.
The impact goes beyond transaction speed.
Exchanges, wallets, and merchant services relying on ZEC confirmations will need to adapt to the new network parameters.
Faster settlement. Stronger safeguards. Privacy intact.
Zcash is evolving without abandoning what makes it different. $ZEC
The NU7 update for @Zcash is now available, bringing a major improvement to the $ZEC network.
Block times have dropped from 75 seconds to just 25 seconds, making transactions nearly 3x faster while preserving Zcashâs core privacy capabilities.
Hereâs what changes:
⥠Faster Confirmations: Three confirmations now take approximately 75 seconds instead of 4 minutes.
đ Privacy Preserved: Shielded transactions remain central to Zcashâs design.
đĄïž Spam Protection: New restrictions on shielded interactions aim to reduce potential spam attacks.
âïž Mining Economics: Issuance remains unchanged but will be rebalanced, with 60% of fees allocated to a miner reserve starting in 2031.
The impact goes beyond transaction speed.
Exchanges, wallets, and merchant services relying on ZEC confirmations will need to adapt to the new network parameters.
Faster settlement. Stronger safeguards. Privacy intact.
Zcash is evolving without abandoning what makes it different. $ZEC
