Technology1 source
Zcash Activates NU7, Taking 60% of Transaction Fees Out of Circulation
Headline from Unchained
Key points
- Zcash has officially activated its NU7 upgrade at block height 3,543,405.
- The network update incorporates Shielded Labs' Network Sustainability Mechanism, which takes 60% of all transaction fees entirely out of circulation.
- On-chain data from Blockchair confirms the activation occurred on Thursday evening, introducing the new fee dynamic to the privacy-focused cryptocurrency ecosystem.
Summarized automatically by Kryptokite from reporting by Unchained. Read the original sources for full detail.
Coins mentioned
Sources
- UnchainedZcash Activates NU7, Taking 60% of Transaction Fees Out of Circulation · 2 hours agoRead on Unchained
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