CryptoDecryptabout 2 hours ago
Zcash Upgrade Freezes $16 Million in Crypto
3 min read
The Zcash NU7 upgrade, scheduled for block 3,543,405 expected Thursday evening, will make approximately 12,224 ZEC unspendable. These coins, worth roughly $15 million to $16 million, remain in the original Sprout privacy pool. The change eliminates version-4 transactions to remove outdated technology, potentially freezing funds forever unless holders move them before activation.
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