#zcashdevelopersconfirmnovemberdatefornu7upgrade 🔐
Zcash just got a date, and it’s a big upgrade.
🔹 When: NU7 will activate at block 3,543,405, expected around Nov. 5.
🔹 Faster: block times drop from 75 to 25 seconds, so three confirmations take about 75 seconds instead of nearly four minutes.
🔹 Fee burn: 60% of block fees are removed from circulation, with plans to return them to miners from February 2031.
🔹 Sprout shutdown: any coins left in the original Sprout system become unspendable, so holders must move them before activation.
🔹 Market: $ZEC rose about 12% in 24 hours.
⚠️ Not final yet: the date stays provisional until developers finish the software changes, and a foundation tracker showed 6 of 12 tasks completed.
📈 Prediction: UP for $ZEC into Nov 5. A firm date, faster payments and a fee burn are a strong setup for a privacy coin.
Are you holding $ZEC into the upgrade? 👇
Not financial advice. $ZEC $BTC $BNB
#ZcashDevelopersConfirmNovemberDateForNU7Upgrade #zcash #zec #Privacy
Zcash just got a date, and it’s a big upgrade.
🔹 When: NU7 will activate at block 3,543,405, expected around Nov. 5.
🔹 Faster: block times drop from 75 to 25 seconds, so three confirmations take about 75 seconds instead of nearly four minutes.
🔹 Fee burn: 60% of block fees are removed from circulation, with plans to return them to miners from February 2031.
🔹 Sprout shutdown: any coins left in the original Sprout system become unspendable, so holders must move them before activation.
🔹 Market: $ZEC rose about 12% in 24 hours.
⚠️ Not final yet: the date stays provisional until developers finish the software changes, and a foundation tracker showed 6 of 12 tasks completed.
📈 Prediction: UP for $ZEC into Nov 5. A firm date, faster payments and a fee burn are a strong setup for a privacy coin.
Are you holding $ZEC into the upgrade? 👇
Not financial advice. $ZEC $BTC $BNB
#ZcashDevelopersConfirmNovemberDateForNU7Upgrade #zcash #zec #Privacy