Zcash Jumps 11% to $1,260 as Developers Set NU7 Mainnet Activation Block
- —NU7 will cut Zcash block times from 75 to 25 seconds
- —60% of network fees will flow to a reserve with deferred payouts
- —NU7 has been running on testnet since early October
- —BTC +1.3% at $82,700, ETH +2% at $2,450 as ZEC outpaced the market
Why it matters: Tripling block speed will speed up payment confirmations and could strengthen ZEC's case as a payments asset.
Source: Koin Bülteni