DeFi· ★★★· bullish·

Zcash sets NU7 upgrade dates: testnet October 6, mainnet November 5

  • NU7 testnet on October 6, mainnet on November 5, with a final block-height decision on October 20
  • Block time will be cut from 75 to 25 seconds, and the halving schedule will be preserved
  • Old v4 transactions will be disabled; disruptions are possible for nodes, indexers and explorers
  • ZEC rose 10% to a new high of $1,526
Why it matters: Faster blocks increase Zcash's throughput and could boost interest in the asset amid Grayscale's $8,100 forecast.
Source: CoinGape