Zcash decides today whether NU7 goes live in November
- —NU7 cuts the target block time from 75 to 25 seconds, making confirmations about three times faster
- —The upgrade disables version 4 transactions and closes the Sprout pool holding about 22,309 ZEC, worth roughly $26 million
- —NU7 went live on public testnet on October 4 at block 4,465,026, giving developers about two weeks of data
- —No mainnet activation height has been set, so November 5 remains a plan rather than a commitment
Why it matters: The activation height is a coordination point for exchanges, wallets and node operators, and Sprout holders must migrate their coins before the cutoff.
Source: Blockhead