Zcash launches NU7 and changes how fees support future rewards
BROBROK News · Based on reporting by Decrypt ·
Zcash has activated the NU7 upgrade on mainnet, introducing the Network Sustainability Mechanism. The system removes 60% of transaction fees from circulation and reissues them later to help fund future block rewards while keeping the 21 million ZEC cap intact.
Key points
- NU7 activated at block 3,543,405.
- 60% of transaction fees are removed and reissued in future block rewards.
- The total supply cap remains 21 million ZEC.
- Target block time was reduced from 75 seconds to 25 seconds.
- Coinholders will vote on Zcash Community Grants' role in the Dev Fund.
Why it matters
The change is meant to support network security as block subsidies decline over time. It also comes amid an active governance debate over how Zcash development should be funded.
Original headline: “Zcash's NU7 Upgrade Goes Live, Recycling 60% of Fees to Fund Future Block Rewards”
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.