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Zcash Activates NU7 Upgrade as Private Payments Become 3x Faster

Published Source: BitcoinistRead original

Crypto Insight Summary: 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 […] Crypto Insight Analysis: Direction: Bullish ZEC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Faster blocks and higher private-payment capacity may improve Zcash utility, but the effect is limited to ZEC.

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