Crypto: Zcash Wins 99.9% Support for Major Network Upgrade

Zcash is preparing to drastically reduce the time between its blocks. During the vote organized around the NU7 upgrade, 99.9% of expressed ZEC supported the shift from 75 to 25 seconds. Holders also chose at 98.9% to keep the current halving schedule. About 2.4 million ZEC participated in the vote, out of 3.6 million eligible at the snapshot. For this privacy-focused crypto network, NU7 thus affects both performance and the future issuance of Z…