NU7 cuts the target time between blocks to 25 seconds, reduces the work wallets must do to find private payments and sets aside fees for future miners.
Zcash's latest upgrade removes 60% of transaction fees from circulation.
Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable, although a future network upgrade could potentially restore access.
Zcash activates NU7 network upgrade, introducing faster transaction confirmations, increased private-payment capacity, and significant changes to the blockchain’s fee structure. The upgrade went...
About 12,224 ZEC remained in the legacy shielded pool ahead of the cutoff. NU7 will also reduce target block spacing from 75 seconds to 25 seconds.... Read the full story at The Defiant
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