Zcash Rises After Upgrade Freezes $16M in ZEC, Establishes Security Reserve
Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve. However, the move also froze about $16 million worth of ZEC that will remain inaccessible in an outdated shielded pool. Zcash Cuts Block Times While Preserving Supply Cap Zcash has officially completed […]
Key Takeaways
- Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve.
- However, the move also froze about $16 million worth of ZEC that will remain inaccessible in an outdated shielded pool.
- Zcash Cuts Block Times While Preserving Supply Cap Zcash has officially completed […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
US sanctions hit 41 companies accused of keeping Prince Group’s scam network running
Treasury says the network concealed ownership and sustained Prince Group operations, while US rules require covered assets to be blocked. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in…
Solo Bitcoin Miners Strike Digital Gold as 2026 Jackpot Wins Reach 36 Blocks
A tiny bitcoin mining machine beat astronomical odds during the first week of November, adding another unlikely victory to a year of solo mining jackpots. From compact desktop devices to industrial-scale competitors, 2026 has delivered 36 documented…
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 CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox