Zcash NU7 activation strands 12,224 Sprout ZEC worth about $15 million and bars legacy spends
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NU7 went live Friday at block 3,543,405 (02:34 UTC), leaving roughly 12,224 ZEC (~$15m) in Sprout unspendable because ZIP 2003 ends version 4 transactions; the coins are not burned and might be recoverable later or never. Target block spacing moves from 75s toward 25s. From around February 2031 a sustainability rule diverts 60% of fees for later mining reissue while the 21m ZEC cap and halving schedule remain, with new limits aimed at lighter shielded-wallet sync.
Continue in the app — vote & join in ➔Source: Cointelegraph · via ahirlevel.hu