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Zcash Activates NU7 Upgrade as Private Payments Become 3x Faster

Zcash Activates NU7 Upgrade as Private Payments Become 3x Faster

Photo: Bitcoinist

Zcash activates NU7 network upgrade, introducing faster transaction confirmations, increased private-payment capacity, and significant changes to the blockchain’s fee structure. The upgrade went live early Friday, November 6, reducing the target time between blocks from 75 seconds to just 25 seconds. The activation took place at block 3,543,405 at approximately 02:34 UTC, marking an important development for the privacy-focused cryptocurrency. The changes are intended to make private transactions more practical for everyday payments, exchange deposits, and transfers between blockchain networks. NU7 has successfully activated on mainnet. A new era of Zcash is here.

Source: Bitcoinist

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