Zcash changes its rules and permanently blocks access to 12,224 ZEC

The NU7 update marks a major milestone for the Zcash network. Activated on Friday, it changes several technical rules and makes funds held in the old Sprout protected pool inaccessible. About 12,224 ZEC remain affected, amounting to nearly 15 million dollars according to the data provided. This evolution results from a change in the transaction format accepted by the protocol. It also adjusts the targeted block timing and provides a new mechani…