{"id":557438,"date":"2026-08-24T15:45:44","date_gmt":"2026-08-24T14:45:44","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=557438"},"modified":"2026-08-24T11:18:35","modified_gmt":"2026-08-24T10:18:35","slug":"zcash-surges-62-to-880-as-holders-prepare-to-vote-on-changing-how-zec-is-issued","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/zcash-surges-62-to-880-as-holders-prepare-to-vote-on-changing-how-zec-is-issued\/","title":{"rendered":"Zcash surges 62% to $880 as holders prepare to vote on changing how ZEC is issued"},"content":{"rendered":"<p>Zcash holders face a snapshot deadline today to qualify for a vote on major changes to the network\u2019s issuance model and block speed, just as <a href=\"https:\/\/cryptoslate.com\/zcash-just-exploded-40-and-the-privacy-coin-rally-is-no-longer-just-a-crypto-native-trade\/\">ZEC trades near its highest level<\/a> since 2018.<\/p>\n<p><a href=\"https:\/\/cryptoslate.com\/coins\/zcash\/\">Data<\/a> from <em>CryptoSlate<\/em> shows that the privacy-focused cryptocurrency surged about 62% over the past week to as high as $880 during its latest rally before retracing to about $830 as of press time.<\/p>\n<p>The move puts greater attention on a governance process that could reshape how new ZEC enters circulation and how quickly the network processes blocks.<\/p>\n<p>To participate, holders must have spendable shielded ZEC in Ironwood when the blockchain reaches block 3,459,350, according to <a href=\"https:\/\/forum.zcashcommunity.com\/t\/nu7-coinholder-vote\/56912#p-252327-nu7-scope-poll-2\">terms<\/a> published by vote organizers Valar Group and Project Tachyon.<\/p>\n<p>The snapshot is estimated to occur around 19:00 UTC on Aug. 24, though the block height rather than the clock determines eligibility. Funds can be moved immediately afterward.<\/p>\n\n<div class=\"cs-article-embed\">\n    <a href=\"https:\/\/cryptoslate.com\/zcash-fixed-the-flaw-that-nearly-halved-zec-and-926-million-in-leverage-now-tests-the-rebound\/\" class=\"cs-article-embed__link\">\n        <div class=\"cs-article-embed__body\">\n            <span class=\"cs-article-embed__related-reading\">Related Reading<\/span>\n            <h3 class=\"cs-article-embed__title\">Zcash fixed the flaw that nearly halved ZEC, and $926 million in leverage now tests the rebound<\/h3>\n        <\/div>\n        <span class=\"cs-article-embed__arrow\" aria-hidden=\"true\">\n            <i class=\"fa-light fa-arrow-up-right\"><\/i>\n        <\/span>\n    <\/a>\n<\/div>\n\n<p>Voting is scheduled to begin Aug. 25 and run until Sept. 14 at 19:00 UTC. Organizers said they will consider the results representative of coinholders if at least 1 million ZEC participates in at least one of the five questions, including abstentions.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-557439\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-e761c932-a0e2-4929-907b-1d51f7d1a3a7.png\" alt=\"Zcash surges 62% to $880 as holders prepare to vote on changing how ZEC is issued\" width=\"720\" height=\"1080\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-e761c932-a0e2-4929-907b-1d51f7d1a3a7.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-e761c932-a0e2-4929-907b-1d51f7d1a3a7-200x300.png 200w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-e761c932-a0e2-4929-907b-1d51f7d1a3a7-683x1024.png 683w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/exec-e761c932-a0e2-4929-907b-1d51f7d1a3a7-768x1152.png 768w\" sizes=\"(max-width: 720px) 100vw, 720px\" \/><\/p>\n<h2>ZEC holders weigh issuance and faster blocks<\/h2>\n<p>The most consequential questions concern how <a href=\"https:\/\/cryptoslate.com\/zcash-miner-buys-9-4-of-merger-target-that-warns-failed-deal-could-end-in-liquidation\/\">Zcash issues new coins<\/a> and how quickly the network processes blocks.<\/p>\n<p>One <a href=\"https:\/\/zips.z.cash\/zip-0234\">proposal<\/a> would replace Zcash\u2019s periodic halvings with a gradual issuance curve while recycling ZEC removed from circulation through the Network Sustainability Mechanism into future block rewards.<\/p>\n<p>The change would not alter Zcash\u2019s total supply cap. Holders can instead vote to preserve halvings or leave issuance smoothing out of NU7.<\/p>\n<p>A separate question asks when ZEC removed from circulation should begin returning through block rewards, with options including as soon as possible, February 2027 or February 2031.<\/p>\n<p>Holders will also vote on cutting Zcash\u2019s target block time from 75 seconds to 25 seconds under <a href=\"https:\/\/zips.z.cash\/zip-0218\">ZIP 218<\/a>, effectively tripling the targeted number of blocks produced each day while adjusting rewards so issuance over time remains broadly unchanged.<\/p>\n<p>The remaining questions concern when to disable transactions tied to the deprecated Sprout pool and whether NU7 should launch without features that miss a Sept. 30 implementation deadline or be delayed until all approved changes are ready.<\/p>\n<p>The poll is a signaling vote and not an automatic protocol change. Approved proposals would still need to complete development and deployment before becoming Zcash consensus rules.<\/p>\n<p>That leaves Monday\u2019s snapshot as the immediate deadline for holders seeking a voice in changes that could reshape <a href=\"https:\/\/cryptoslate.com\/zcash-loses-over-5-billion-after-ai-finds-4-year-bug-that-could-have-created-fake-hidden-coins\/\">Zcash\u2019s monetary schedule<\/a> and network performance while ZEC trades near multi-year highs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spendable shielded ZEC must be in Ironwood at the snapshot before the Aug. 25 to Sept. 14 poll.<\/p>\n","protected":false},"author":720,"featured_media":557537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77968,79312,15323,61045,37,6849],"tags":[78295,78587,79209],"prediction_market_topic":[],"post_folder":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.9 (Yoast SEO v21.9.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Zcash surges 62% to $880 as holders prepare to vote on changing how ZEC is issued<\/title>\n<meta name=\"description\" content=\"Zcash holders are being asked to weigh sweeping NU7 proposals while the token trades near its highest level since 2018.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/zcash-surges-62-to-880-as-holders-prepare-to-vote-on-changing-how-zec-is-issued\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zcash surges 62% to $880 as holders prepare to vote on changing how ZEC is issued\" \/>\n<meta property=\"og:description\" content=\"Zcash holders are being asked to weigh sweeping NU7 proposals while the token trades near its highest level since 2018.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/zcash-surges-62-to-880-as-holders-prepare-to-vote-on-changing-how-zec-is-issued\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2026-08-24T14:45:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-24T10:18:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/08\/zcash-eligibility-vote-column.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Oluwapelumi Adejumo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Oluwapelumi Adejumo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/zcash-surges-62-to-880-as-holders-prepare-to-vote-on-changing-how-zec-is-issued\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/zcash-surges-62-to-880-as-holders-prepare-to-vote-on-changing-how-zec-is-issued\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#person\",\"name\":\"Oluwapelumi Adejumo\",\"url\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/oluwapelumi-adejumo\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-oluwapelumi-adejumo-1-300x300.jpg\",\"caption\":\"Oluwapelumi Adejumo\"},\"jobTitle\":\"Senior Reporter\",\"description\":\"Oluwapelumi values Bitcoin's potential. 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