Technology1 source
Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool
Headline from Cointelegraph
Key points
- Zcash has officially launched its NU7 network upgrade.
- The protocol transition has rendered approximately 12,224 ZEC, valued at around $15 million, unspendable within the legacy Sprout pool.
- While these funds are currently stranded and inaccessible to holders, a future Zcash network upgrade may potentially restore access to the locked cryptocurrency assets.
Summarized automatically by Kryptokite from reporting by Cointelegraph. Read the original sources for full detail.
Coins mentioned
Sources
- CointelegraphZcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool · 2 hours agoRead on Cointelegraph
Story timeline
- The Block1 min read
Zcash’s major network upgrade NU7 goes live on mainnet, cutting block time by threefold
- CoinDesk1 min read
Zcash’s landmark NU7 upgrade goes live, speeding up private payments
- Unchained1 min read
Zcash Activates NU7, Taking 60% of Transaction Fees Out of Circulation
- U.Today1 min read
ChainLink (LINK), XRP, Monero (XMR) and Zcash (ZEC) Price Analysis For November 6: Sudden Surge of Bullishness Is Here
- Decrypt1 min read
Zcash Upgrade Could Lock $16 Million in Crypto Forever
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