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Zcash NU7 Upgrade Goes Live, Leaving 12,224 ZEC Stranded in Sprout Pool

(4 hours ago) · 1 source · Summarized by CryptoBipto

The Zcash network activated its NU7 upgrade, which has rendered 12,224 ZEC held in the legacy Sprout shielded pool permanently unspendable. Users who did not migrate their funds out of the Sprout pool before the upgrade have lost access to those coins.

WHY IT MATTERS

Think of a blockchain upgrade like a city replacing its old subway system with a new one.

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SOURCES

  • cointelegraph.com

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