3 hours ago
1
Key Takeaways
- Nearly 2.4 million ZEC participated in voting.
- Coinholders backed a 25-second block target.
- Daily ZEC issuance would remain broadly unchanged.
- Existing halvings won over gradual issuance.
- The vote does not activate NU7 changes.
Nearly 2.4 million ZEC participated in the vote on Network Upgrade 7, or NU7, from approximately 3.6 million ZEC eligible at the snapshot. That was well above the one-million-ZEC threshold organizers had set for treating the result as representative of coinholders.
The published results show that at least 99% of participating ZEC supported reducing the target time between blocks from 75 seconds to 25 seconds. Another 98.9% supported preserving Zcash’s existing halving schedule rather than replacing it with a gradually declining issuance curve.
Results were weighted by eligible ZEC rather than counted as one vote per person. A wallet controlling more ZEC therefore car...
English (US)