Zcash plans November upgrade to speed private payments by up to three times

Zcash is targeting November for NU7, an upgrade designed to make private payments up to three times faster, according to CoinDesk. The proposal would reduce the network’s block time to 25 seconds, allowing transactions to be processed in shorter intervals. NU7 would also change how transaction fees support the network: at least 60% of fees would be set aside to supplement mining rewards beginning in 2031. The planned changes could affect both payment speed and the long-term structure of miner incentives on the Zcash network. No specific November launch date was provided in the source material. The upgrade is relevant to the ZEC market because it addresses transaction processing and future reward funding within the Zcash ecosystem.