Privacy Altcoin Zcash Announces First Network Update, ‘Not Expected’ To Be A Fork

in #technology7 years ago

From Cointelegraph


Privacy-oriented cryptocurrency Zcash announced the release of their first network upgrade, Zcash Overwinter, in a blog post on March, 2.

The blog post says that Overwinter, the “software-updates-required” update, will be supported as early as April 2018, on version 1.1.0 of zcashd. The Overwinter main chain update launch is set for June 25, 2018. Overwinter will allow the team to carry out the first upgrade of the core Zcash protocol Sapling, which is expected to go live in September 2018, according to Zcash’s Roadmap Report.

“The purpose of Overwinter is to strengthen the protocol for future network upgrades, paving the way for the Zcash Sapling network upgrade later this year,” the coin’s developers stated in their blog post.

The team reports that the Overwinter software will include the new features like transaction expiry, version control, replay transaction protection for network upgrades, and general improvements for transactions transparency.

Zcash developers explain that the only thing users need to do to be part of the network upgrade is keep their software updated, clarifying:

"There is no need to do anything else besides keep your Zcash software up to date. This network update is not expected to result in a fork of the blockchain or the creation of a new currency,"

Read more: https://cointelegraph.com/news/privacy-altcoin-zcash-announces-first-network-update-not-expected-to-be-a-fork

Well it seems like people are looking for any reason these days to fork a coin. I wouldn't be so sure someone won't try and fork this one. Although ZClassic is already taken so would this be ZCash Classic. What branding nightmare.

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