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ZCash developers activated Network Upgrade 5 update
Electric Coin Company (ECC) announced the launch of a large update in the Maine -oriented ZCASH cryptocurrency confidentiality (ZEC).
Nu5 Activates on Mainnet, Eliminating Trusted Setup and Launching a New Era for Zcash. https: // t.CO/TBIJC6MDU4
– Electric Coin Co. (@Electriccoinco) May 31, 2022
“NU5 – the first major update since November 2020 – includes the launch of the Protocol Protocol ORCHARD, using the HALO verification system,” the report said.
Halo is positioned as “a recursive version that does not require confidence” with zero disclosure. It is designed to significantly increase the scalability of the system and eliminate the need for “trusted attitudes”.
On October 28, 2021, the ZCASH community noted five years since the launch of the main network. During this time, the developers conducted upgrades Overwinter, Sapling, Blossom and Heartwood, as well as halving while launching Canopy updating.
Earlier Electric Coin Company published a project road map until 2025. The team called the plan “aggressive, but achievable”, including the Компанія Yuga Labs transition to the Proof-OF-STAKE consensus algorithm, interactiveness and official essential wallet.
Recall that in April 2022, the ex-employee of the NSA and the US CIA Edward Snowden revealed his participation in the launch of Zcash.
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