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Zcash's NU7 Upgrade Launches with Mixed Results: Faster Transactions but Price Decline and Stranded Funds

Crypto News

Zcash's NU7 Upgrade Launches with Mixed Results: Faster Transactions but Price Decline and Stranded Funds

Zcash (ZEC) Price Drops 7% After NU7 Upgrade as Long Liquidations Dominate

The Crypto Times

Zcash (ZEC) Price Drops 7% After NU7 Upgrade as Long Liquidations Dominate

Zcash fell 7.3% to $1,260.05 a day after its NU7 upgrade activated, while 24-hour trading volume declined to $715.43 million.

Zcash’s new security fund is 99.7% old money

CryptoSlate

Zcash’s new security fund is 99.7% old money

A November 7 mainnet snapshot puts the historical seed at 99.7% of the reserve, with 1.12 ZEC accumulated under NU7’s fee rules. Read the full story on CryptoSlateUnderstand the crypto stories...

Zcash’s landmark NU7 upgrade goes live, speeding up private payments

CoinDesk

Zcash’s landmark NU7 upgrade goes live, speeding up private payments

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 NU7 Upgrade Goes Live, Slashing Block Times From 75 Seconds to Just 25 Seconds

CryptoPotato

Zcash NU7 Upgrade Goes Live, Slashing Block Times From 75 Seconds to Just 25 Seconds

Zcash's latest upgrade removes 60% of transaction fees from circulation.

Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool

Cointelegraph

Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool

Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable, although a future network upgrade could potentially restore access.

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