Zcash Holders Back 25-Second Blocks and Keep Bitcoin-Style Halvings in NU7 Vote
Nearly 2.4 million ZEC backed 25-second blocks in a private governance poll, while 2,375,932.375 ZEC also supported keeping the current halving schedule.
- Zcash holders overwhelmingly backed faster block times and the network's existing halving schedule in a governance poll that closed on September 14, supporting a reduction from 75 seconds to 25 seconds by roughly 99.9%.
- Nearly 2.4 million ZEC participated through the Ironwood pool, with organizers utilizing a dedicated chain from Valar Group to protect voter privacy while calculating stake-weighted results.
- Representatives from the Zcash Foundation and Shielded Labs aligned on a February 2031 start date for issuance changes, which approximately 96.6% of coinholders supported while rejecting smoothing.
- Developers described the process as a sentiment poll rather than binding consensus change, with NU7 implementation still requiring technical specifications, code, testing, and ecosystem agreement.
- At the latest September 16 reading, CoinGecko placed ZEC near $1,146 with market capitalization near $19.4 billion, though market data showed no clean reaction attributable solely to the governance results.
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Zcash Holders Back 25-Second Blocks and Keep Bitcoin-Style Halvings in NU7 Vote
Zcash coinholders voted overwhelmingly to speed up the network and leave its bitcoin-style halving schedule alone, settling the scope of NU7, the next major Zcash upgrade. Nearly 2.4 million ZEC took part out of roughly 3.6 million eligible at the snapshot, about two-thirds, well above the 1 million ZEC organizers ...
Zcash is preparing to significantly reduce the time between its blocks. During the vote organised around the NU7 upgrade, 99.9% of the expressed ZECs supported the transition from 75 to 25 seconds. The holders also chose 98.9% to keep the current schedule of halvings. Approximately 2.4 million ZECs participated in the election, out of 3.6 million eligible during the capture. For this crypto network focused on confidentiality, NU7 thus affects bo…
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