Zcash developers confirm November date for upgrade that triples payment speed
The NU7 upgrade will cut the time between Zcash blocks to 25 seconds from 75 seconds. The chosen block height still has to be merged into the spec and shipped in node software.
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Summary
- Zcash developers agreed to activate the NU7 upgrade at block 3,543,405, expected to be around Nov. 5, though the proposal still requires final integration into deployment and node software.
- The new version will cut block times to 25 seconds from 75 seconds, potentially reducing the wait for three transaction confirmations from nearly four minutes to about 75 seconds.
- The upgrade will temporarily remove 60% of block fees from circulation and disable Zcash’s original Sprout privacy system, making any funds left there unspendable.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
