ZCash in run-up to Sapling update

Posted 20 August, 2018

ZCash, a privacy-focused digital coin, is reportedly about to make a big update with the launch of new software.

According to the news reports, the company unveiled ZCash 2.0.0 at the end of last week. The project team also posted a notice calling users and miners to update the software.

The hard-fork is slated for late October along with the release of 419 200 block which will host Sapling update. At the same time, before that time the new code is said to run test mode and will be launched at the block 280 000, which is expected this Thursday, as the company spokesperson commented.

"Sapling will activate on the testnet at block 280000, which is expected about a week after this release. Sapling had previously activated on testnet, but because changes were made to the consensus rules your node will automatically roll back and proceed on the Overwinter testnet branch until Sapling activates again at the new height," the company stated in its blog.

As it was stated, the version 2.0.0 involves a test remote procedural calls, with which it is possible to activate code at remote computers. For reference, the complete release is expected with the version 2.0.1.

The company said that the Sapling upgrade is to reduce requirements for private transaction storage and boost the performance of zk-snarks. As a result, the privacy of ZCash will generally increase.

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20 August, 2018 14:52

← South Korean authorities report insufficient security at most exchanges

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South Korean authorities report insufficient security at most exchanges

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