Zcash Price Hits $1,270 After a 99.9% Governance Landslide
Zcash holders delivered a nearly unanimous message on Network Upgrade 7 (NU7) to make the network faster, but leave its monetary clock alone. Nearly 2.4 million ZEC participated in the private poll, with 99.9% backing a cut in target block time from 75 seconds to 25, and 98.9% choosing to preserve Zcash’s Bitcoin-style halving schedule. […]
Key Takeaways
- Zcash holders delivered a nearly unanimous message on Network Upgrade 7 (NU7) to make the network faster, but leave its monetary clock alone.
- Nearly 2.4 million ZEC participated in the private poll, with 99.9% backing a cut in target block time from 75 seconds to 25, and 98.9% choosing to preserve Zcash’s Bitcoin-style halving schedule.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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