Zcash

Zcash will soon have a "Crosslink" upgrade. What is it? Read this article to find out!

Zcash Upgrades Crosslink

<img src="https://static.bittime.com/cms-static/upload/Zcash_Upgrades_Crosslink_c6ee0987fa.webp" alt="Zcash Upgrades Crosslink" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com?content_id=news&amp;cn=400001">Bittime</a> -&nbsp;Zcash will upgrade "Crosslink” soon. What is a Crosslink upgrade? Read this article to the end to find out the full news!<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Zcash: The Importance of Privacy in the Crypto World</h2>Zooko Wilcox, founder of Zcash, emphasized that Zcash provides the ability for anyone to use personal assets without coercion, a feature he believes is critical for civil rights, business, and social change.&nbsp;In a world where privacy is increasingly becoming a major concern, Zcash offers a solution with technology capable of protecting user identities and transactions from unwanted third parties.Read Also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/avail-luncurkan-mainnet">Avail Launches Mainnet, You Can Stake AVAIL Tokens!</a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Crosslink Upgrade by Zcash: What is it?</h2>This Crosslink upgrade is a combination of Proof of Work (PoW) and Proof of Stake (PoS) protocols designed to bring a number of benefits to the Zcash ecosystem. Following are some of the main features that will be presented from this Crosslink upgrade.<ol style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Staking ZEC: One of the most anticipated features is the ZEC staking feature. With this feature, ZEC holders can lock their tokens to support network operations and earn rewards in return.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Transaction Finality: This Crosslink upgrade will also increase transaction finality, which means transactions will be faster and safer from rollback attacks, namely transactions that have been confirmed can be canceled or changed.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Reduction of Transaction Waiting Times: Zcash users will enjoy shorter transaction waiting times making ZEC transfers more efficient and convenient.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:decimal;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">Better Two-Way Bridge Security: The Crosslink upgrade will enable more secure two-way bridges with other networks, as well as facilitate better interoperability between Zcash and other blockchains.</li></ol>&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Zcash Development Fund</h2>In addition to the technical upgrades, Wilcox also announced the launch of the "Zcash Sustainability Fund." This fund is designed to ensure the long-term sustainability of the Zcash network and development without exceeding the maximum supply limit of 21 million ZEC.&nbsp;Wilcox emphasized that all these upgrades will be implemented as quickly as possible without sacrificing the superior security that has become a hallmark of Zcash. In the ever-evolving world of crypto, security threats and privacy breaches have become priority main. Zcash is determined to continue providing safe and private solutions.Also Read:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en/blog/zeta-markets-luncurkan-airdrop-staking-zex">Zeta Markets Launches $ZEX Staking Airdrop, Total Reward 20 Million!</a><h2 style="line-height:1.38;margin-bottom:12pt;margin-top:12pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=news&amp;cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=news&amp;cn=400001"> Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=news&amp;cn=400001"> Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

Zcash Upgrades Crosslink, ZEC Staking Feature Coming Soon!