Zcash unveils Zakura node aiming to scale private transactions to 50,000 per second

·1 views

Zcash has introduced a new node client called Zakura, designed to dramatically increase the network's private transaction throughput. The client is the first live component of a broader plan to scale Zcash to payment-network levels comparable to Visa. Currently, Zcash processes approximately one private transaction per second, making the proposed leap to 50,000 transactions per second a significant technical ambition. Zakura represents an early but concrete step toward achieving that large-scale privacy infrastructure.

Read the full story at CoinDesk

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

Discussion (0)

GENIUS Act Marks One Year Since Becoming US Stablecoin Law

The GENIUS Act, landmark legislation focused on regulating stablecoins, has reached its one-year anniversary as a law. The act represented a significant moment for cryptocurrency regulation in the United States. Its passage marked one of the first major federal efforts to establish a legal framework specifically for stablecoins. The anniversary has prompted reflection on the state of crypto regulation since the bill was signed into law.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Michael Saylor Opposes BIP-110, Warns Against Bitcoin Blockchain Censorship

MicroStrategy executive chairman Michael Saylor has publicly criticized BIP-110, a proposed protocol change aimed at temporarily filtering so-called spam data from the Bitcoin blockchain. Saylor argues the proposal would compromise Bitcoin's core principle of network neutrality. He warns that allowing selective blocking of transactions sets a dangerous precedent that could open the door to broader censorship on the network. The prominent Bitcoin advocate believes such intervention would ultimately harm the integrity and trustworthiness of the blockchain.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

Zero-Knowledge Proofs Could Counter Threats Posed by Autonomous AI Agents

Brian Trunzo, chief growth officer at Succinct Labs, argues that the growing presence of autonomous AI agents is posing serious risks to the integrity of the internet. He contends that zero-knowledge proofs, a cryptographic mathematical tool, represent a viable solution to this challenge. Zero-knowledge proofs allow one party to verify the truth of information without revealing the underlying data itself. Trunzo's argument highlights the increasing urgency for robust technical safeguards as AI agents become more prevalent online.

0 comments Read more at CoinDesk

Crypto & Web3CoinDesk ·

GENIUS Act Deadline Looms: USDT Faces Potential Delisting from US Platforms by 2028

The GENIUS Act, a U.S. stablecoin regulation law, has passed its first anniversary without regulators completing the required rulemaking. Tether's USDT, a widely used stablecoin, now faces a roughly two-year window to comply with the forthcoming regulations. U.S. regulators have missed initial deadlines to draft the necessary rules, though full compliance is mandated by July 2028. If USDT fails to meet the regulatory requirements, it risks being removed from American cryptocurrency platforms. The situation puts pressure on Tether to align its operations with U.S. standards ahead of the deadline.

0 comments Read more at CoinDesk