Zcash developers are targeting Nov. 5 for the NU7 network upgrade, a major update designed to accelerate transactions and introduce a new mechanism for supporting future mining rewards. Under the proposal, Zcashs target block time would fall from 75 seconds to 25 seconds. The timeline was agreed upon following discussions among Zcash Foundation, Project Tachyon, Valar, ZODL and Shielded Labs, with engineering teams reaching unanimous agreement on the upgrades contents after community and coinholder polls. Around 2.4 million ZEC, representing 66% of the eligible voting pool, participated…. Read more
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