Zcash Targets November Upgrade for 3x Faster Private Payments

Zcash developers are targeting Nov 5 for the NU7 upgrade, cutting block times from 75 to 25 seconds to make shielded payments up to three times faster. The upgrade also sets aside 60% of fees for future mining rewards while preserving Zcash's original issuance schedule.

$ZEC is up about 33% over the past week and roughly 189% over the past month, trading near $1,468 and sitting at #9 by market cap.