ZCash (ZEC) has successfully rolled-out the Sapling network update, completed at block height 419200. ZEC, being one of the younger crypto coins with confidential features, has gone through the necessary improvement to drive adoption.
“Sapling introduces new shielded addresses with significantly improved performance: a time reduction of 90% for constructing transactions, and a memory reduction of over 97%. Sapling activation, occurring on the momentous occasion of the currency’s second birthday, brings us one step closer to widespread adoption of an open, permissionless and private payment system,” explained the project team in a blog.
For ZCash users, the new addresses will not be immediately usable, as funds transferred...
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