$ZEC Zcash is moving fast, but the more interesting story may be what happens next.
A major community vote is about to put real governance power in ZEC holders’ hands.
$ZEC has gained more than 70% over the past week and is trading near $844. But price isn’t the only thing changing.
The Zcash community is preparing for a token-holder vote around the upcoming NU7 network upgrade.
The snapshot is expected at 19:00 UTC on August 24, around block height 3,459,350. Only spendable shielded ZEC held in the Ironwood pool at the snapshot will count.
Voting runs from August 25 to September 14 and requires at least 1 million ZEC participation.
What I find particularly interesting is the privacy-preserving voting process. Individual votes remain private, while only aggregated results are published.
With ZEC already showing strong momentum, this vote could become an important test of community participation and governance.
I’ll be watching both the upgrade decision and how much ZEC actually participates.
$ZEC #zcash
A major community vote is about to put real governance power in ZEC holders’ hands.
$ZEC has gained more than 70% over the past week and is trading near $844. But price isn’t the only thing changing.
The Zcash community is preparing for a token-holder vote around the upcoming NU7 network upgrade.
The snapshot is expected at 19:00 UTC on August 24, around block height 3,459,350. Only spendable shielded ZEC held in the Ironwood pool at the snapshot will count.
Voting runs from August 25 to September 14 and requires at least 1 million ZEC participation.
What I find particularly interesting is the privacy-preserving voting process. Individual votes remain private, while only aggregated results are published.
With ZEC already showing strong momentum, this vote could become an important test of community participation and governance.
I’ll be watching both the upgrade decision and how much ZEC actually participates.
$ZEC #zcash
