Zcash Developers Confirm NU7 Upgrade for November to Triple Transaction Speed

Key Facts

Zcash developers confirmed that the Network Upgrade 7 (NU7) is scheduled to take place in November. CoinDesk reported that the upgrade is designed to reduce block production time from 75 seconds to 25 seconds, effectively tripling the network's transaction processing speed.

The technical milestone aims to improve overall network efficiency by narrowing the intervals between blocks, though the specific block height for the transition awaits final software integration. This development follows a period of recent market volatility and liquidations affecting the asset class.