Zcash Developers Set November Date for NU7 Upgrade Tripling Block Speed

·3 views

Zcash developers have confirmed a November date for the NU7 network upgrade. The upgrade will shorten the time between blocks from 75 seconds to 25 seconds, roughly tripling transaction processing speed. The chosen activation block height has not yet been incorporated into the protocol specification. It also still needs to be shipped in updated node software before the change can take effect.

Read the full story at CoinDesk

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

Bitcoin Hits One-Week High as Asian Tech Stocks Rebound

Bitcoin climbed to its highest level in a week, tracking a rebound in Asian technology stocks. The gains came alongside reports that SpaceX and Tesla have each formed committees to explore a possible merger. The source article also notes a gain for zcash following the announcement of a network upgrade date. The provided text is brief, so it does not detail the exact size of the price moves or the timing of each development.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Bitcoin Holds Near $82,500 as SpaceX Results Boost Stock Futures

Bitcoin is holding around $82,500 as strong SpaceX quarterly results revived enthusiasm for the AI-related trade and lifted US stock futures. Oil prices climbed above $110 again, adding to the mixed market backdrop. XS.com cautioned that a drop below $82,500 could open a path toward $70,000 for the cryptocurrency. The update reflects how equity sentiment and commodity moves are currently influencing digital asset prices.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

SpaceX and Tesla Explore Merger Potentially Combining Over 30,000 Bitcoin

SpaceX and Tesla are reportedly exploring a possible merger that would bring together their holdings, which include more than 30,000 bitcoin. Independent committees at both companies are currently assessing the potential tie-up. The discussions come as SpaceX reported strong earnings, lifting its shares ahead of Tesla's upcoming results. The article does not indicate that any agreement has been reached. The report was published by CoinDesk.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Monero Futures Heat Up as Leverage Builds, Raising Volatility Concerns

Open interest in Monero futures has surpassed $300 million, according to recent reporting. The token's price has climbed back above $600. Traders are again using heavy leverage, a pattern that preceded a sharp market decline in January. The rising leverage raises the risk of heightened price swings in the near term.

0 comments Read more at CoinDesk