Zcash developers ValarDragon and Evan Forbes have proposed reducing the network’s target block interval from 25 seconds to 20 seconds. The measure, submitted as a Zcash Improvement Proposal (ZIP), would be put to a community vote and could be included in the upcoming NU7.1 network upgrade. The aim is to shorten transaction confirmation times and improve the user experience for point-of-sale payments, exchange deposits and cross-chain swaps. According to the developers, the proposal will not increase the network’s overall daily capacity for private transactions and will preserve Zcash’s existing issuance schedule. The NU7 upgrade, activated on Friday on the mainnet, had already reduced the target block interval from 75 seconds to 25 seconds and introduced a Network Sustainability Mechanism that recycles part of transaction fees into future mining rewards while maintaining Zcash’s 21 million ZEC supply cap.
Source: Read the original article
