LIVE
NIVESH STREET_
LIVE MARKET INTELLIGENCE
NIFTY 50 25,181.80 +1.38%SENSEX 72,472.33 +1.23%BANK NIFTY 55,256.65 +1.36%INDIA VIX 14.38 -0.42%GOLD ₹1,21,540 +0.61%BTC/USD $112,480 +2.14%USD/INR 88.42 -0.08%CRUDE $84.16 +0.94%NIFTY 50 25,181.80 +1.38%SENSEX 72,472.33 +1.23%BANK NIFTY 55,256.65 +1.36%INDIA VIX 14.38 -0.42%GOLD ₹1,21,540 +0.61%BTC/USD $112,480 +2.14%USD/INR 88.42 -0.08%CRUDE $84.16 +0.94%
Live
NIFTY 5025,030.35▲ 2.01%
SENSEX81,028.02▲ 2.17%
BANK NIFTY59,086▲ 2.27%
NIFTY IT32,977.9▲ 0.43%
NIFTY MIDCAP17,490▲ 0.33%
INDIA VIX17.47▲ 12.10%
RELIANCE1,320▲ 0.50%
TCS2,498.5▲ 0.11%
HDFCBANK788.25▲ 3.72%
INFY1,181.4▲ 1.20%
ICICIBANK1,571.2▲ 4.75%
SBIN1,018.5▲ 1.20%
BHARTIARTL2,107.2▲ 2.45%
ITC283.15▲ 1.54%
LT4,117.7▲ 1.67%
AXISBANK1,322.9▲ 3.35%
KOTAKBANK480▲ 2.78%
HINDUNILVR1,998.4▲ 0.83%
Gold (24K)4,078.6▼ 0.85%
Silver52.04▼ 0.36%
Copper6.26▲ 0.18%
Crude Oil (Brent)97.53▼ 0.77%
Natural Gas3▲ 1.87%
USD/INR93.91▼ 0.64%
Bitcoin76,035.04▲ 0.12%
Ethereum2,234.27▼ 0.01%
Solana89.98▲ 0.94%
BNB692.16▲ 0.60%
XRP1.2▼ 0.81%
Cardano0.19▲ 2.52%
Dogecoin0.07▲ 1.72%
NIFTY 5025,030.35▲ 2.01%
SENSEX81,028.02▲ 2.17%
BANK NIFTY59,086▲ 2.27%
NIFTY IT32,977.9▲ 0.43%
NIFTY MIDCAP17,490▲ 0.33%
INDIA VIX17.47▲ 12.10%
RELIANCE1,320▲ 0.50%
TCS2,498.5▲ 0.11%
HDFCBANK788.25▲ 3.72%
INFY1,181.4▲ 1.20%
ICICIBANK1,571.2▲ 4.75%
SBIN1,018.5▲ 1.20%
BHARTIARTL2,107.2▲ 2.45%
ITC283.15▲ 1.54%
LT4,117.7▲ 1.67%
AXISBANK1,322.9▲ 3.35%
KOTAKBANK480▲ 2.78%
HINDUNILVR1,998.4▲ 0.83%
Gold (24K)4,078.6▼ 0.85%
Silver52.04▼ 0.36%
Copper6.26▲ 0.18%
Crude Oil (Brent)97.53▼ 0.77%
Natural Gas3▲ 1.87%
USD/INR93.91▼ 0.64%
Bitcoin76,035.04▲ 0.12%
Ethereum2,234.27▼ 0.01%
Solana89.98▲ 0.94%
BNB692.16▲ 0.60%
XRP1.2▼ 0.81%
Cardano0.19▲ 2.52%
Dogecoin0.07▲ 1.72%
CRYPTO 1h ago

Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool

Cointelegraph by Ezra Reguerra
Published 06 Nov 2026, 09:00 am IST

Zcash NU7 upgrade goes live, leaves 12,224 ZEC stranded in Sprout pool

Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable, although a future network upgrade could potentially restore access.

Zcash’s NU7 network upgrade activated Friday, making about $15 millionin ZEC held in the network’s legacy Sprout shielded pool unspendable.

The upgrade took effect at block 3,543,405 at 02:34 UTC, according to blockchain tracker ZecStats, which lists the Sprout pool balance at about 12,224 ZEC.

The upgrade cuts Zcash’s target time between blocks from 75 seconds to 25, although actual block intervals will adjust toward the new target as mining difficulty changes.

Under Zcash Improvement Proposal (ZIP) 2003, NU7 rejects version 4 transactions, the only format that supports spending Sprout funds. The remaining coins cannot be transferred under the new rules, but have not been burned.

The specification leaves open the possibility that a future network upgrade could restore access, either by re-enabling version 4 transactions or introducing another mechanism to retrieve the funds. However, it warns that “the ability to spend Sprout funds may never be re-enabled.”

NU7 also introduces a Network Sustainability Mechanism that removes 60% of transaction fees from circulation for eventual reissuance through future mining rewards, starting around February 2031.

The upgrade preserves Zcash’s 21 million ZEC supply cap and halving schedule, while introducing limits on shielded activity designed to reduce wallet synchronization demands.

Related: Zcash grants group offers $124M compromise as governance backlash grows

1 minute letter 1 minute letter

Subscribe to daily byte-sized crypto news from Cointelegraph

More on the subject

Originally reported by CoinTelegraph.Source: cointelegraph.com