Zcash Developers Propose Reducing Block Interval to 20 Seconds

Odaily reports: Zcash developers ValarDragon and Evan Forbes submitted a draft Zcash improvement proposal on Sunday, recommending that the target block interval be shortened from 25 seconds to 20 seconds, and that it be included in the next round of community voting and discussions on the upcoming NU7.1 network upgrade. The proposal states that this move could shorten the initial confirmation wait time for transactions and improve the experience of offline payments, exchange deposits, and cross-chain swaps.

The developers stated that shortening the block interval will not increase the network's total daily private transaction capacity, nor will it change Zcash's existing issuance schedule. The proposal was published several days after Zcash's NU7 upgrade went live on mainnet on Friday, reducing the target block interval from 75 seconds to 25 seconds and introducing a network sustainability mechanism that returns part of transaction fees to future mining rewards while maintaining the 21 million ZEC supply cap. (Cointelegraph)