Have you created a ShazzleMail account on your smartphone? This is a required first step.

Yes No

Free Encrypted Email

725_ly9jb2ludgvszwdyyxbolmnvbs9zdg9yywdll3vwbg9hzhmvdmlldy85mteyztm1mzvin2fiogeymzrlmta3ndyxowzlmtu1ms5wbmc

Privacy Altcoin Zcash Announces First Network Update, ‘Not Expected’ To Be A Fork

March 5, 2018

Privacy-oriented cryptocurrency Zcash announced the release of their first network upgrade, Zcash Overwinter, in a blog post on March, 2.

The blog post says that Overwinter, the “software-updates-required” update, will be supported as early as April 2018, on version 1.1.0 of zcashd. The Overwinter main chain update launch is set for June 25, 2018. Overwinter will allow the team to carry out the first upgrade of the core Zcash protocol Sapling, which is expected to go live in September 2018, according to Zcash’s Roadmap Report.

“The purpose of Overwinter is to strengthen the protocol for future network upgrades, paving the way for the Zcash Sapling network upgrade later this year,” the coin’s developers stated in their blog post.

The team reports that the Overwinter software will include the new features like transaction expiry, version control, replay transaction protection for network upgrades, and general improvements for transactions transparency.

Zcash developers explain that the only thing users need to do to be part of the network upgrade is keep their software updated, clarifying:

“There is no need to do anything else besides keep your Zcash software up to date. This network update is not expected to result in a fork of the blockchain or the creation of a new currency,”

Launched on Oct. 28, 2016, the altcoin Zcash (ZEC) allows its users to make anonymous transactions via a “zero-knowledge” cryptography method called zk-SNARKs. ZEC is trading around $394 and ranked in 24th place amongst CoinMarketCap’s top 100 cryptocurrencies, with a market cap of $1.3 bln at press time.

Earlier in February 2018, Cointelegraph reported that crypto fund Grayscale Investments released a report predicting that the price of ZEC could reach over $62,000 by 2025, if the coin represents 10 percent of all offshore wealth by that point.

Tags:

Introducing ShazzleMail Email and How it Works

Privacy is your Fundamental Human Right.

Our Daily Blog
20190323_fbd001
Big tech faces competition and privacy concerns in Brussels
March 25, 2019

And the sector may be the better for it Print edition | Briefing Mar 23rd 2019 | PARIS Around 19 ...

Read more
telegram-3m
Telegram gets 3M new signups during Facebook apps’ outage
March 19, 2019

Natasha Lomas@riptari / 5 days ago Messaging platform Telegram claims to have had a surge in signup...

Read more
privacy-coins-and-bitcoin-dominance-guide
Apple tied to new privacy website, suggesting future security marketing
March 6, 2019

The iPhone maker, which makes privacy a selling point for its devices, appears to be gearing up for ...

Read more
images-1
US legal eagle: Well done, you bought privacy compliance tools. Doesn’t mean you comply with anything
February 25, 2019

From California state regs to Europe's GDPR: It's all just a 'veneer of protection' By Rebecca Hi...

Read more
imrs
Give To Get: Sensing, Tracking And Your Privacy
February 11, 2019

226 viewsFeb 10, 2019, 06:00pm By Tracy Brower: I write about the changing nature of work, workers ...

Read more