Zcash Developer Josh Swihart Halts Crosslink Staking Upgrade, Warns It Could Hurt ZEC
Photo: TheCoinrise
The ZODL founder says the proposed Crosslink staking mechanism is 'not good for Zcash' and has paused its rollout. Josh Swihart, the founder of ZODL and a prominent contributor to the Zcash ecosystem, has paused development of the Crosslink staking upgrade for ZEC. Swihart publicly stated that the proposed mechanism is 'not good for Zcash,' according to reporting from U.Today and AMBCrypto. Crosslink has been positioned as a potential path for Zcash to introduce staking functionality. Staking allows token holders to lock up assets to help secure a network, typically in exchange for rewards.
Also reported by U.Today.
Source: TheCoinrise
