Zcash Community Voting Retains Halving Mechanism, ZEC Reaches $1388 at One Point
2026-09-17 20:15:13
According to CoinMeta, the Zcash community decided to retain the Bitcoin-style halving mechanism with a support rate of 98.9%. A total of 2.4 million ZEC were used in the voting, which accounted for 66% of the eligible tokens. The community also chose to shorten the block time to 25 seconds, immediately discontinue the use of the Sprout fund pool, and limit the upgrades of NU7 to features that could be completed by September 30th. The price of ZEC once reached $1,388, a daily increase of 10.9%, with a market value of $22.9 billion, rising to ninth place in the market value of crypto assets. The Ironwood upgrade of Zcash was enabled in July, and since then, the token's value has increased by over 2,500% in the past year.
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Source:Internet
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