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Zcash NU7 upgrade goes live, cutting block time threefold

Zcash's NU7 upgrade is now running on the live network. It shortens block time threefold and recycles 60% of fees to fund future block rewards. 12,224 ZEC remain stranded in the Sprout pool.

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Zcash has activated its NU7 network upgrade on mainnet, the live version of the blockchain. The change cuts the time between new blocks by a factor of three.

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The upgrade also changes how transaction fees are used. 60% of fees will be recycled to help pay for block rewards in the future, the payments given to those who add new blocks.

In numbers

  • 60%Fees recycled for rewards
  • 12,224 ZECStranded in Sprout pool

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The rollout left 12,224 ZEC stranded in the Sprout pool, an older section of the Zcash system. The material does not say more about why the coins are stuck or who holds them.

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