Zcash NU7 mainnet upgrade is expected to be implemented on November 5, with the activation height proposed at 3,543,405

Odaily reports that Zcash developer Sean Bowe has submitted a proposal to set the NU7 mainnet upgrade activation height at 3,543,405, expected to correspond to November 5. The height has been agreed upon at the ZIP editors' meeting, but the proposal has not yet been merged and still needs to be incorporated into the upgrade specification and node software. NU7 plans to shorten the target block interval from 75 seconds to 25 seconds and temporarily remove 60% of transaction fees from circulation; the upgrade will also disable v4 transactions, at which point funds still remaining in the Sprout privacy pool will be unable to be spent, and relevant holders need to migrate in advance.