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Zcash Rises After Upgrade Freezes $16M in ZEC, Establishes Security Reserve

By Terence Zimwara

Zcash has activated Network Upgrade 7, which reduces block times from 75 to 25 seconds and will help fuel a long-term security reserve. However, the move also froze about $16 million worth of ZEC that will remain inaccessible in an outdated shielded pool. Zcash Cuts Block Times While Preserving Supply Cap Zcash has…

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