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Zcash Plans to Freeze $16 Million in Its Oldest Privacy Pool
(4 hours ago) · 1 source · Summarized by CryptoBipto
Zcash is preparing to freeze approximately $16 million worth of funds held in its oldest shielded pool, known as the Sprout pool. The move is part of the network's ongoing effort to deprecate legacy privacy technology in favor of newer, more efficient shielded transaction systems.
WHY IT MATTERS
Think of a shielded pool like a private vault where transactions are hidden from public view.
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SOURCES
- coindesk.com
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