Zcash to Launch Token Holder Vote for NU7 Upgrade Scope on August 25

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Zcash to Launch Token Holder Vote for Network Upgrade on August 25. As reported by MarsBit, Zcash co-founder Sean Bowe announced on August 6 that the token holder vote will run for 18 days to determine the scope of the upcoming NU7 network upgrade. The minimum voting participation threshold is 1 million ZEC on the Ironwood network. This token vote marks a key step in the project’s development timeline.

According to Huoxing Finance, on August 6, Zcash co-founder Sean Bowe announced that the Zcash community will conduct a 18-day token holder vote starting August 25 to determine the scope of the upcoming NU7 upgrade. The minimum voting participation threshold is 1 million ZEC (must be held on the Ironwood network).

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