Zcash Price Hits $1,270 After a 99.9% Governance Landslide

Zcash holders delivered a nearly unanimous message on Network Upgrade 7 (NU7) to make the network faster, but leave its monetary clock alone.

Nearly 2.4 million ZEC participated in the private poll, with 99.9% backing a cut in target block time from 75 seconds to 25, and 98.9% choosing to preserve Zcash’s Bitcoin-style halving schedule. […]