The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign up free to access this content
Create Free AccountCore Foundation has announced the franchising of its Satoshi Plus consensus model to a new Zcash scaling layer named "Z". This strategic move aims to introduce native EVM (Ethereum Virtual Machine) capabilities to the Zcash ecosystem for the first time. By leveraging the Satoshi Plus model, the new layer will combine the robust security of Bitcoin's Proof of Work with the flexibility of Proof of Stake. The initiative is designed to provide Zcash with programmable utility, allowing the privacy-focused network to support smart contracts and decentralized applications. Analysts view this development as a significant technical expansion that could enhance Zcash's utility within the DeFi space. While the impact is currently focused on the Zcash and Core ecosystems, it represents a major milestone in cross-chain security and functionality.