Zcash Network Upgrade 7 Scope Vote to End on September 14th
Zcash will close voting on the Network Upgrade 7 scope at 19:00 UTC on September 14th. Coinholders and the Community Advisory Panel are deciding on issuance smoothing, the reissuance start date, Sprout deprecation, faster block times and overall NU7 readiness.Refer to the official tweet by ZEC:The Zcash Coinholders and Zcash Community Advisory Panel are voting on Network Upgrade 7 Scope by September 14th 19:00 UTC to decide:🔸NSM Issuance Smoothing🔸NSM Reissuance Start Date🔸Sprout Deprecation🔸Faster Block Times🔸NU7 Scope and Readiness ZEC InfoZcash is a decentralized open-source cryptocurrency that provides privacy and selective transparency of transactions.One distinctive feature of Zcash is its ability to ensure transaction privacy. While most blockchains, including Bitcoin, record transaction details in a public ledger (blockchain), Zcash offers a feature called “shielded transactions” that allows hiding transaction information, including sender, recipient, and transaction amount.Zcash achieves a high level of confidentiality through the utilization of zero-knowledge proof protocols (zk-SNARKs).