Zcash rises to $1,270 after vote: 99.9% back 25-second blocks
- —2.4M ZEC participated in the vote — about two-thirds of the 3.6M available coins
- —2,397,669 ZEC voted for 25-second blocks (ZIP 218), only 141.6 ZEC against
- —98.9% voted to keep halvings, 1.1% for smooth emission
- —ZEC is up 138% in 30 days and 7,744.8% from its July 2024 low
Why it matters: The vote does not change the code: developers must still implement and test NU7, and ZEC's rally runs against a falling market.
Source: Bitcoin.com