Zcash (ZEC) Price: Why Developers Want Blocks Even Faster After NU7 Went Live
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TLDR Zcash developers proposed cutting the block interval from 25 seconds to 20 seconds. The draft ZIP targets the NU7.1 upgrade, days after NU7 went live. ZEC trades near $1,240, testing the 50-day EMA at $1,219. ZEC ETFs saw $13 million in outflows last week. Price remains in a range between $1,112 and $1,340. Zcash developers have put forward a plan to make the network faster again. On Sunday, ValarDragon and Evan Forbes posted a draft Zcash Improvement Proposal (ZIP) on the community forum. It would cut the target block interval from 25 seconds to 20 seconds. 🚨ZCASH DEVS PUSH FOR 20-SECOND BLOCKS RIGHT AFTER NU7!
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