🚨 ZCASH JUST WENT THROUGH A MAJOR NETWORK UPGRADE!
And approximately 12,224 ZEC are now unspendable.
Here's what happened:
⚡ FASTER BLOCKS
Target block interval reduced from 75 seconds to 25 seconds.
🔒 12,224 ZEC AFFECTED
Funds remaining in the old Sprout privacy pool can no longer be spent under the new rules.
💰 NEW FEE MECHANISM
60% of transaction fees are removed from circulation for future network rewards. Miners receive the remaining 40%.
📊 21 MILLION SUPPLY CAP
The maximum ZEC supply remains unchanged.
⚠️ Important: These coins have NOT been burned. A future network upgrade could theoretically restore access, but no recovery plan has been approved.
ONE UPGRADE. BIG CHANGES.
Would you support a blockchain upgrade that improves the network but makes some old funds unspendable?
👇 What's your opinion?
$ZEC $ONE $BTC
#Zcash #zec #CryptoNewss #BinanceSquare #JobsReportRaisesHikeOdds
And approximately 12,224 ZEC are now unspendable.
Here's what happened:
⚡ FASTER BLOCKS
Target block interval reduced from 75 seconds to 25 seconds.
🔒 12,224 ZEC AFFECTED
Funds remaining in the old Sprout privacy pool can no longer be spent under the new rules.
💰 NEW FEE MECHANISM
60% of transaction fees are removed from circulation for future network rewards. Miners receive the remaining 40%.
📊 21 MILLION SUPPLY CAP
The maximum ZEC supply remains unchanged.
⚠️ Important: These coins have NOT been burned. A future network upgrade could theoretically restore access, but no recovery plan has been approved.
ONE UPGRADE. BIG CHANGES.
Would you support a blockchain upgrade that improves the network but makes some old funds unspendable?
👇 What's your opinion?
$ZEC $ONE $BTC
#Zcash #zec #CryptoNewss #BinanceSquare #JobsReportRaisesHikeOdds
