๐ŸŸฃโš ๏ธ Zcash NU7 Proposal Could Freeze Sprout Spending! ๐Ÿ”โ„๏ธ
Zcashโ€™s proposed NU7 upgrade could make around 22,309 ZEC in the legacy Sprout privacy pool unspendable on the upgraded network. ๐Ÿ’ฐ๐Ÿšจ
๐Ÿ”น What Changes? Older transaction formats used to spend Sprout funds could be disabled. ๐Ÿ”’
๐Ÿ”น Who Is Affected? Users holding funds in Sprout; Sapling, Orchard and transparent funds are not affected by this specific proposal. ๐Ÿ›ก๏ธ
A mainnet decision is planned for October 20, with November 5 as a conditional target date. โณ
โš ๏ธ The funds would not be burned, but spending them could become permanently impossible. ๐Ÿšจ
#Zcash ๐ŸŸฃ #NU7 โš™๏ธ #ZcashUpgrade ๐Ÿ”ง #PrivacyCoins ๐Ÿ” #CryptoCommunity ๐ŸŒ #Altcoins ๐Ÿ’Ž