22,309 $ZEC could become unspendable. Zcash faces a major decision on October 20.
Zcash's proposed NU7 upgrade could disable its legacy Sprout privacy pool, potentially leaving approximately 22,309 ZEC, worth around $26 million, inaccessible if holders fail to migrate.
But NU7 isn't just about retiring old technology.
The upgrade also introduces:
• 25-second blocks, down from 75 seconds.
• New limits to improve shielded transaction efficiency.
• A sustainability mechanism that redirects part of transaction fees toward future rewards.
Here's the important distinction: NU7 is already on testnet, but mainnet activation remains undecided. November 5 is the proposed launch date.
The bigger question is whether improving network performance justifies potentially stranding legacy funds.
Should Zcash prioritize modernization or preserve access for every existing holder?
Zcash's proposed NU7 upgrade could disable its legacy Sprout privacy pool, potentially leaving approximately 22,309 ZEC, worth around $26 million, inaccessible if holders fail to migrate.
But NU7 isn't just about retiring old technology.
The upgrade also introduces:
• 25-second blocks, down from 75 seconds.
• New limits to improve shielded transaction efficiency.
• A sustainability mechanism that redirects part of transaction fees toward future rewards.
Here's the important distinction: NU7 is already on testnet, but mainnet activation remains undecided. November 5 is the proposed launch date.
The bigger question is whether improving network performance justifies potentially stranding legacy funds.
Should Zcash prioritize modernization or preserve access for every existing holder?