The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in ...

The Latest Zcash Software Release Supports the Network’s ‘Largest Upgrade in ...

According to the Electric Coin Company, the team behind the cryptocurrency network Zcash, the protocol is soon to implement the largest upgrade in history. The Zcash development team has released the 5.0.0 codebase which supports the NU5 upgrade that will occur on or around May 31, at block height 1,687,104. Electric Coin Company and Zcash Prepare for Network Upgrade The second-largest privacy-centric crypto network, in terms of market capitalization, Zcash, will see a significant upgrade take place on or around May 31. Electric Coin Company and Zcash developers released the....


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Zcash Undergoes First Halving as Major Upgrade Drops ‘Founders Fund’

Alongside the halving, Zcash has rolled out its Canopy upgrade that replaces the Founder's Fund with built-in funding for development.

Zcash celebrates first halving with implementation of ‘Canopy’ upgrade

The upgrade establishes a development fund for the next four years and removes the controversial “Founders Reward.” Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18.The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and removes the controversial “Founders Reward.”The halving and upgrade occurred at block 1,046,400, just over four years after Zcash was first mined in late October 2016.Canopy is the fifth major upgrade to Zcash, primarily consisting of the change to the mining....