Zcash (ZEC) Releases New Software in Preparation of Sapling Upgrade

Zcash (ZEC) – a privacy-centric digital currency – is setting the stage for a significant upgrade with the first network software release that is compatible with its forthcoming Sapling hard fork. According to a blog post, Zcash (ZEC) v2.0.0 was released on Thursday.

The update was posted by Sean Bowe – a Zerocoin Electric Coin Firm’s engineer, which creates the Zcash (ZEC) digital currency. The firm also encouraged all miners and users to upgrade to the latest version as quickly as possible.

The Scheduled Date for the Hard Fork

The hard fork is scheduled to take place on the 28th of October when the first block of the Sapling will be mined at block 419,200. Before the launch will go live, Sapling will run on a testnet from block 280,000 – and this should take place sometime next Thursday according to Bowe.

The latest version of the upgrade features experimental support for remote procedure calls – through which codes can be executed on remote computers like they were called locally – although this feature will not be fully supported until the release of v2.0.1.

The update also fixes the bug that slowed the syncing of some nodes to the network when banning peers. The Sapling upgrade is aimed at considerably reducing private transactions’ storage requirements and updating the zk-SNARKS cryptography of the blockchain to make it more secure.

The Zcash (ZEC) team started releasing patches of software for Sapling at the beginning of this year. The previous overwinter hard fork of Zcash (ZEC) – which was executed in June – was expected to be a kind of trial run for Sapling, and it featured several software improvements.

Zcash (ZEC) Price Today – ZEC / USD

NamePrice
bitcoin
Bitcoin
$0.00
zcash
Zcash
$0.00

Zcash (ZEC) is currently changing hands in the market at $150 after an increase of more than 5.6 percent over the past twenty-four hours. The current market cap of the digital currency is $694.42 million and its trading volume over the past twenty-four hours is $95.63 million.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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