Zcash Surges 12% After Developers Set November Launch for Speed-Boosting NU7 Upgrade

TL;DR Upgrade Timeline: Zcash developers agreed on activation block 3,543,405 for NU7, with mainnet deployment expected around Nov. 5 pending final specifications and software updates. Faster Transactions: NU7 reduces block times from 75 seconds to 25 seconds, allowing confirmations to arrive significantly faster for users and exchanges. Outstanding Work: Six of twelve readiness tasks are complete, though synchronization fixes, mainnet preparations, and the Sprout shutdown still require attention. Zcash surged roughly 12% over the past 24 hours after developers agreed on a mainnet activation block for the network’s long-awaited NU7 upgrade . The privacy-focused cryptocurrency traded around $1,289 on Wednesday, according to the provided data, with the market reacting positively to progress on the upcoming release.

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