Zcash to activate NU7 upgrade on November 5, cutting block times to 25 seconds
- —Zcash block interval to shrink from 75 to 25 seconds
- —98.9% of ZEC holders supported keeping the halving schedule
- —99.9% of votes backed faster blocks
- —ZEC rose about 20% in 24 hours on the news
Why it matters: Faster blocks boost Zcash's throughput and could strengthen interest in privacy coins amid the sector's growth.
Source: CryptoHamster