Zcash sets NU7 upgrade activation for November 5
- —Target NU7 mainnet activation is November 5, testnet is October 6
- —Block interval will shrink from 75 to 25 seconds under ZIP-218
- —About 60% of fees will be temporarily removed from circulation, with return starting February 2031
- —Holder vote: 2.4 million ZEC (66% of the pool), 98.9% in favor of the halving schedule
Why it matters: Tripling block speed makes private payments more practical and could strengthen ZEC's position amid growing interest in privacy tokens.
Source: BlockchainReporter