Zcash Sets November 5 for 'NU7' Network Upgrade

Zcash developers have agreed to implement the 'NU7' network upgrade on November 5. Key features include reducing block times from 75 seconds to 25 seconds, disabling legacy v4 transactions, and introducing a Network Sustainability Mechanism (NSM) to manage future block rewards. The upgrade aims to improve network throughput and transaction confirmation speeds while maintaining the existing halving schedule.