StarkWare CEO links Zcash rally to fears of bitcoin ossification
- —ZEC rose 15-20% in a day to about $1,388, with a market cap of around $23 billion
- —Ben-Sasson previously proposed 4% annual bitcoin issuance instead of a fixed 21 million
- —On September 16, 2.4 million ZEC holders voted to cut block time from 75 to 25 seconds
- —99.9% of NU7 participants backed faster blocks, and 98.9% backed keeping halvings
Why it matters: ZEC's rally shows demand for adaptable networks amid bitcoin's rigidity, but sustainability depends on launching 25-second blocks on mainnet.
Source: Crypto Briefing