Zcash Developers reach agreement on the NU7 upgrade plan, which still awaits inclusion in the deployment specification
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AT A GLANCE
Zcash planned for activation at approximately November 5,NU7 but still awaiting specification merger and node software integration.
Article
⚡️Zcash The developers confirmed that on November the NU7 upgrade will be carried out, reducing the block time to 25 seconds
BlockBeats news:October 21，Zcash developers have reached agreement on the NU7 upgrade and plan to activate it at block height 3,543,405(expected to be approximately November 5). The upgrade will reduce the block time from 75 seconds to 25 seconds, increasing transaction confirmation speed to three times its previous level; at the same time, 60%of the fees collected per block will leave circulation, with plans to return them to miners starting in 2031 February, while maintaining the original block reward halving schedule.
In addition,Zcash's existing privacy system Sprout will be completely shut down after the upgrade, and funds not transferred in time will become unusable. The proposal was put forward by developer Sean Bowe and has been approved by the Zcash Improvement Proposal (ZIP) editorial team, but it must still be formally merged into the deployment specification and integrated into node software before it can officially take effect.
Original link https://m.theblockbeats.info/flash/372959
Key points
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Zcash The developers have reached agreement on the NU7 upgrade.
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The upgrade is planned for activation at block height 3,543,405, expected to be approximately November 5。
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The upgrade plan will reduce the block time from 75 seconds to 25 seconds.
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of the fees collected per block 60%will leave circulation, with plans to return them to miners starting in 2031 year February.
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The original block reward halving schedule will remain in place.
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Sprout will be shut down after the upgrade, and funds not transferred in time will become unusable.
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The proposal was put forward by Sean Bowe and approved by the Zcash Improvement Proposal (ZIP) editorial team.
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The proposal still needs to be formally merged into the deployment specification and integrated into node software.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
NU7 is a planned Zcash upgrade. Under the plan described, the block interval will decrease from 75 seconds to 25 seconds; some block fees will temporarily leave circulation and later be returned to miners as planned. The old privacy system Sprout will also be shut down, so funds held within it need to be transferred promptly.
Why it matters to readers
This upgrade involves transaction confirmation speed, the handling of block fees, the return of fees to miners, and whether Sprout funds can remain usable, but it cannot yet be considered officially effective.
Beginners should distinguish between “planned activation” and “already effective,” and note whether funds using Sprout need to be transferred.
Risks and unknowns
The proposal has not yet been formally merged into the deployment specification.
Node software integration still needs to be completed.
It remains unconfirmed whether it will be formally activated on the expected date and at the expected block height.
It remains unconfirmed whether the final implementation parameters will remain unchanged.
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Related concepts
block height
The number of blocks confirmed since the genesis block or block 0 onward, used to mark a specific location on the chain.
