Cryptocurency

Zcash Hard Fork Scheduled Before Halloween

August 20, 2018

Zcash Hard Fork Scheduled Before Halloween

Zcash is an open, permissionless cryptocurrency designed to protect privacy. It is the creation of Zooko Wilcox-O’Hearn, who is also known for “Zooko’s triangle” and the Majo Nation P2P system.

The news is that the founders have just released their version 2.0.0. They are encouraging all users and miners to upgrade to the new version as quickly as possible.

The great thing about 2.0.0? It is “Sapling compatible.” Sapling is the term used in the Zcash orbit to refer to an upcoming hard fork, expected on October 28, that will amount to a major protocol upgrade, allowing shielded/private addresses to be supported by mobile and hardware wallets, exchanges, and payment processors.  

October 28th will also be the second anniversary of the official launch of Zcash.

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