Zcash Developers Want Faster Transactions After NU7 Upgrade Zcash (@Zcash) $ZEC developers have proposed cutting the target block interval from 25 seconds to 20 seconds. The proposal follows the activation of the NU7 upgrade. Developers ValarDragon and Evan Forbes submitted a draft ZIP on Sunday. They want the change included in the next community poll and considered for NU7.1. If adopted, the shorter interval could bring faster transaction confirmations.

Zcash Just Got 3x Faster Without Giving Up Privacy NU7 update for @Zcash is now available. The block time has been reduced from 75 seconds to 25 seconds, making transactions almost three times faster. Privacy capabilities remain intact. The waiting period for three confirmations is reduced from four minutes to 75 seconds. $ZEC issuance stays the same but will be rebalanced. New restrictions are implemented on shielded interactions to limit potential spam attacks, and 60 percent of all fees will be locked in a miner reserve starting in 2031. This update will affect exchanges, wallets, and merchant services that depend on confirmations.

Zcash has been one of the strongest assets in crypto recently, and i'm watching how it holds up if we get a deeper market correction i think the privacy thesis could become increasingly relevant as political and regulatory scrutiny around crypto grows the combination of privacy features, concerns around quantum computing and growing interest in alternatives to transparent blockchains makes ZEC interesting to me

Zcash blocks are about to get three times faster. The NU7 upgrade activates at block 3,543,405, cutting target block time from 75 seconds to 25 while daily $ZEC issuance stays unchanged. What node operators have to do: Details here:

Zcash blocks get three times faster this week @Zcash is set to switch on its NU7 upgrade at block 3,543,405, expected around Thursday, November 5. The target time between blocks drops from 75 seconds to 25, cutting the wait for a first confirmation to a third, while the reward per block shrinks so daily $ZEC issuance stays the same. @ZcashFoundation has released Zebra 7.0.0, its first stable node software supporting NU7 on mainnet, with fixes for seven security issues. Node operators need to upgrade before the switch, since older 6.x versions can’t follow the chain past that block, and version 4 transactions will stop working entirely.

zcash:native holding up relatively strong through this drawdown. Custody scares will bring attention to sovereign pvt money and market seems to value that potential before here. More adoption soon as TAM is huge.

Zcash Forums are not the town square. @X is the town square. And is so by any and every measure. If you believe in open and transparent dialogue, discourse, and debate, then Zcash discussions should be happening here. Calling that position toxic or blocking people on account of it is instantly credibility-losing.

Zcash doesn’t need to re-invent the governance wheel. Stakeholder voting has worked in capital markets for centuries. Coinholder voting is just the onchain form-factor. Experimenting in governance is not part of the Zcash mission. Its mission is privacy. It’s time to end ZCG and all the distractions and misalignment that come with it.

Zcash launched 10 years ago today. 

NEAR Intents and made it easy to reach: swap into $ZEC from any chain and pay with it, no manually bridging required, no CEX account needed.

Over $2.7 billion in ZEC has moved over NEAR Intents. Cross-chain, confidential by default, the way Zcash started. Happy birthday @Zcash.

Zcash co-founder Sean Bowe drafted a ZIP to route the 8% Community Grants block subsidy into the Network Sustainability Mechanism, leaving the 21 million $ZEC cap unchanged. Full BSCN Daily episode: