Zcash team has reported about successful update of the main network with the protocol – Sapling.
As the company stated in its press release, the new protocol for secured transactions and boosting of blockchain performance was activated at the block 419200 on October 28.
"Sapling introduces new shielded addresses with significantly improved performance: a time reduction of 90% for constructing transactions, and a memory reduction of over 97%," according to the statement.
Following the Sapling update, users may enjoy new addresses. However, they can transfer funds from old addresses to new Sapling ones only, though transaction amount must be unveiled. As a result, such process helps to carry out ZEC monetary audit. Nevertheless, the team stated that they are working on the tools that would make funds transferring automatic maintaining users' privacy.
"We are developing a tool to automate the migration of funds in a way that allows users to minimize the impact on their privacy. We recommend that users wait for the release of this tool, if feasible," commented the company.
In addition, the company is also going to update the mining service. As Zcash representative stated this upgrade would not a surprise for the users and all notifications would be sent in advance. The approximate period is said to be next autumn.