Zcash (ZEC) – one of the most popular and widely adopted privacy-oriented digital currency in the market – is set to unveil a groundbreaking milestone next month. The blockchain project is aimed at enhancing its features, hence providing transparent supply formula and faster transactions for the digital currency.
Zcash (ZEC) Sapling Network Upgrade
The Foundation of the blockchain project recently made an announcement regarding an advanced feature within its platform and also explained its functionality. According to the announcement, Zcash (ZEC) will roll out its “Sapling Network Upgrade” to enhance the design of its ecosystem on the 28th of October.
Zcash (ZEC) Price Today – ZEC / USD
The digital currency hopes to emerge at the top in the privacy-oriented digital currency space, even though digital currencies such as Monero [XMR] have an upper hand in the arena at the moment. The blockchain project updated its blog to make the goal of this advancement clear to its community.
The Sapling Network Upgrade Will Focus on Two Major Issue
According to the blog post, the new upgrade will focus on two major issues. The first is to replace the outdated sprout addresses with new cryptographic addresses. This will enhance the efficiency and transparency of the blockchain and initiate a fair distribution of ZEC. The new feature will also address the issue of computing space – an issue faced by a lot of blockchain networks.
Zcash (ZEC) Gets Listed on BitPanda
Today, one of the biggest achievements of digital currencies in the crypto space is getting listed on digital currency trading platforms. BitPanda recently added Zcash (ZEC) to its trading platform – a listing that will expose the digital currency to more prospective buyers. Zcash (ZEC) is now more than two years old in the crypto space, and it has successfully given rise to two hard forks – ZClassic and ZenCash.