Zcash targets November upgrade to make private payments up to three times faster
NU7 would reduce block times to 25 seconds while setting aside at least 60% of transaction fees to supplement mining rewards beginning in 2031.
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Summary
- Zcash developers are targeting Nov. 5 for the NU7 upgrade, which would cut block times to 25 seconds from 75 seconds and make private payments faster.
- NU7 would temporarily remove about 60% of transaction fees from circulation, with the funds scheduled to return as mining rewards beginning in February 2031.
- The upgrade preserves Zcash’s issuance and halving schedule by reducing rewards per block and tripling the halving interval, while its final activation decision is due Oct. 20.
