source avatarMr Brondor

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75 SECONDS TO 25. zcash:native JUST MADE ITS BLOCKS 3X FASTER AND STARTED TAKING 60% OF FEES OUT OF CIRCULATION NU7 went live on @Zcash mainnet at block 3,543,405 on nov 5 what changed 👇 > target block time cut from 75 to 25 seconds > 60% of every block's fees goes into a public reserve, miners keep 40% > that reserve starts paying back out through block rewards around 2031 block rewards got scaled down by the same factor so issuance and the halving schedule don't change the 21M cap is still there the fee mechanism comes from @ShieldedLabs, its first big mainnet deployment zcash:native trades at $1,254 down 4.9% today up 80% over the last year #10 on CoinGecko, above $DOGE CX still files zcash under "privacy coin that pumped" the ZIPs are public and the chain just got faster blocks plus a fee sink with the cap untouched more usage means more ZEC parked in that reserve until 2031 i'm holding zcash:native through this NFA DYOR Tribe -Brondor

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