Zcash implemented its NU7 network upgrade at block 3,543,405, reducing target block production time from 75 seconds to 25 seconds. The change aims to speed transaction confirmations approximately three times while maintaining existing privacy capabilities. Merchants may see initial confirmations in roughly 25 seconds, while exchanges requiring three confirmations would wait about 75 seconds instead of four minutes.
The upgrade also launches a Network Sustainability Mechanism where miners retain 40% of transaction fees and 60% moves into a reserve for future reissuance starting in 2031. NU7 retired the Sprout privacy pool, which held about 12,224 ZEC at activation, and introduced limits on shielded transactions.
Read the full story on BSC News: Zcash Activates NU7 Upgrade, Cutting Block Time to 25 Seconds From 75
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