Business1 source
Zcash's NU7 Upgrade Goes Live, Recycling 60% of Fees to Fund Future Block Rewards
Headline from Decrypt
Key points
- Zcash has launched its Network Upgrade 7 system on the mainnet, introducing the Network Sustainability Mechanism.
- The new feature automatically recycles sixty percent of transaction fees to support future block rewards starting in 2031, without exceeding the fixed limit of 21 million ZEC.
- The update arrives while the project community actively debates its development funding structure.
Summarized automatically by Kryptokite from reporting by Decrypt. Read the original sources for full detail.
Coins mentioned
Sources
- DecryptZcash's NU7 Upgrade Goes Live, Recycling 60% of Fees to Fund Future Block Rewards · 2 hours agoRead on Decrypt
Story timeline
- Cointelegraph1 min read
Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool
- 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
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