Zcash NU7 Cuts the Clock but Moves the Risk to Network Coordination Zcash NU7 is now live. At block 3,543,405, mined at 02:34 UTC on 6 November, the privacy network reduced its target block spacing from 75 seconds to 25 seconds. It also changed how transaction fees support future mining, imposed new limits on shielded activity, and made version 4 transactions invalid. The immediate result is easy to describe: a first confirmation should arrive about three times faster. The more important result is harder to measure. Zcash has exchanged a slow and familiar operating rhythm for a faster system that places more weight on node performance, wallet design, miner coordination, and the discipline of every service that decides when a private payment is truly usable. This is not merely a speed upgrade. It changes the relationship among confirmation latency, network propagation, wallet scanning, monetary issuance, and legacy protocol support. A merchant may see a payment enter a block sooner, but an exchange still decides how many confirmations it requires. Miners receive less subsidy in each block because there are three times as many target blocks per day. Wallets face tighter shielded action limits intended to reduce worst case scanning pressure. Sixty percent of transaction fees now leaves circulation for possible future reissuance... 🔗 Continue Reading on Block2Learn: https://t.co/s0qjSsjfbv