Odaily Planet Daily report: Zcash developers ValarDragon and Evan Forbes submitted a draft Zcash Improvement Proposal on Sunday, suggesting reducing the target block interval from 25 seconds to 20 seconds, and proposing it for inclusion in the next community vote and the upcoming NU7.1 network upgrade discussion. The proposal states that this change would shorten the initial confirmation wait time for transactions, improving the experience for in-person payments, exchange deposits, and cross-chain swaps.
Developers stated that reducing the block interval will not increase the network’s daily total privacy transaction capacity or alter Zcash’s existing issuance schedule. Just days before this proposal was released, Zcash’s NU7 upgrade went live on mainnet on Friday, reducing the target block interval from 75 seconds to 25 seconds and introducing a network sustainability mechanism that redirects a portion of transaction fees back into future mining rewards, while maintaining the 21 million ZEC supply cap. (Cointelegraph)