
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