Zcash targets 67% shorter block times – Can ZEC overcome funding uncertainty?

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Zcash is preparing the NU7 upgrade, scheduled for November 6, to cut block processing time by approximately 67%, from 75 to 25 seconds. The change is expected to speed up transaction finality and increase network capacity without altering the amount of ZEC added to circulation each day. The upgrade will also eliminate the Sprout pool and direct 60% of transaction fees into a deferred reserve. Meanwhile, the withdrawal of a funding proposal leaves long-term development funding uncertain. Despite weekly net outflows of $7.21 million, Zcash spot ETFs recorded a $3.43 million inflow on November 4, bringing total net assets to $756.83 million.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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