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Grayscale’s Zcash ETF will split its shares three ways after attracting more than $233 million in under a month. Decrypt reports that strong Wall Street demand has made the ZEC-linked product a leading crypto privacy trade.
A proposed Zcash upgrade would reduce block time from 75 seconds to 25 seconds and change how the network pays for security after 2031. The source does not say whether the upgrade has been approved or activated.
Zcash developers are proposing an upgrade that would cut block times from 75 seconds to 25 seconds and change how the network pays for security after 2031. The plan combines faster processing with a long-term funding revision.
Zcash is targeting November for NU7, an upgrade that would cut block times to 25 seconds and make private payments up to three times faster. At least 60% of transaction fees would supplement mining rewards from 2031.
Industry observers are debating Zcash’s development fund after a ZEC rally pushed its value above $95 million. Dragonfly’s Haseeb Qureshi is calling for the arrangement to end after 2028, Cointelegraph reports.
Zcash is targeting a November mainnet launch for NU7, which would shorten block times to 25 seconds while preserving the halving schedule. Testnet activation is planned for October 6, Cointelegraph reports.
Zcash is targeting November for its NU7 mainnet upgrade, with block times set to fall to 25 seconds. Testnet activation is planned for October 6, while the network’s existing halving schedule will remain unchanged.
Ether ETFs recorded a third straight session of outflows and XRP funds also lost money, even as both crypto-market sentiment and major assets moved higher. Zcash extended its recent run, CoinDesk reported.
Zcash gained 17% as crypto-market liquidations totaled $345 million. Short sellers took most of the damage, while Zcash accounted for $56 million of forced closures, CoinDesk reported.
