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

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Zcash will hold a token holder vote on August 25 to determine the scope of the NU7 upgrade, according to on-chain news. The vote will last approximately 18 days and requires at least 1 million ZEC in participation. It will take place on the Ironwood network. This event is also classified as token launch news.

ChainThink reports that on August 6, Zcash co-founder Sean Bowe announced that the Zcash community will launch a token holder vote on August 25 to determine the scope of the upcoming NU7 upgrade.

This vote is expected to last approximately 18 days, with a minimum participation threshold of 1 million ZEC, and participants must be on the Ironwood network.

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