Zcash sets NU7 upgrade for around Nov. 5, cutting block times to 25 seconds
- —NU7 is scheduled for block 3,543,405, expected around Nov. 5
- —Block interval drops from 75 to 25 seconds, with per-block issuance cut by two-thirds
- —60% of fees go to a reserve that starts paying out as block rewards in February 2031
- —Version 4 transactions become invalid after NU7; Sprout funds must be moved beforehand
Why it matters: Faster blocks and the new security-funding mechanism affect miner economics and ZEC tokenomics as the asset draws ETF interest.
Source: CoinPost