Zcash developers confirm November date for upgrade that triples payment speed
Bullish strength: 75/100
- NU7 would cut block times from 75 seconds to 25 seconds, improving transaction speed.
- Exchange deposit confirmation delays could fall from nearly four minutes to about 75 seconds.
- The upgrade would remove 60% of fees collected in each block from circulation until they are returned to miners starting around February 2031.
Bearish strength: 25/100
- The activation proposal had not yet been merged into the deployment specification, and node software still needs to include the chosen block height.
- Coins remaining in the Sprout privacy system at activation would become unspendable.
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