Zcash holders overwhelmingly back faster transactions and bitcoin-style halvings
Nearly 2.4 million ZEC participated, with 99.9% backing 25-second blocks and 98.9% voting to preserve the network’s existing halving schedule.
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Summary
- Nearly 2.4 million ZEC, or about two-thirds of eligible tokens, participated in a privacy-preserving vote on Zcash’s next major network upgrade, NU7.
- Participating holders overwhelmingly backed cutting block times to 25 seconds, preserving Zcash’s bitcoin-style halving schedule and launching NU7 as soon as possible.
- Voters also supported delaying the reissuance of fees collected through the Network Sustainability Mechanism until February 2031 and disabling transactions tied to the obsolete Sprout privacy system.
