ZCash Overwinter upgrade is released

First network upgrade should not be regarded as a fork
03 March 2018   1913

Yesterday, on March 2 developer team of ZCash announced the release of the network first upgrade - they called it ZCash Overwinter. Starting from version 1.1.0 of zcashd, it will feature the update with the version release expected April 2018. As for the upgraded the main chain, its launch is scheduled for a fixed date of June 25, 2018, according to the roadmap of the platform.

The update will introduce transaction expiry, version control, replay transaction protection for network upgrades and, in a broader scale - improvements on transaction transparency. As for the regular users of ZCash, all they need to do for the time being is to keep the client updated.

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.

 

Excerpt from the ZCash Overwinter blog post

The overall idea of the update is to be able to execute the first upgrade of the core protocol of ZCash - Sapling.

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.

 

Excerpt from the ZCash Overwinter blog post

ZCash is significant for its bleeding-edge cryptographic algorithm zk-SNARKs, and according to CoinMarketCap the platform is 24th among the top 100 cryptocurrencies.

Messari to Issue "Crypto Theses for 2020"

According to the report of the analytical startup, Binance and Twitter CEOs Zhao and Dorsey are the top "people to watch" next year
18 December 2019   315

The analytical startup Messari presented a rating of persons and trends that will predetermine the further development of the cryptocurrency market.

Binance Exchange CEO Changpen Zhao is on the first place among people. Researchers responded to the active development of the site and the huge influence of Zhao himself on the opinion of the crypto community.

Second place went to Twitter co-founder Jack Dorsey, who opened a cryptocurrency branch in his payment company Square and promoting the ideas of bitcoin to the masses.

Researchers awarded third place to lawyer Brian Klein, who is currently running the case of Ethereum developer Virgil Griffith, accused of violating US sanctions laws. According to them, in the next decade, the cryptocurrency industry will face many lawsuits.

In fourth place was the director of strategic development of CoinShares investment company Meltem Demirors, who used the term “shtcoin” at the Libra vs. USA congress.

Fifth place went to US Congressman Brad Sherman, who, according to Messari, poses a threat to cryptocurrencies, calling them a tool of terrorists and tax evaders.

Morgan Beller, co-founder of the Libra project from Facebook, took the sixth line of the rating.

MakerDAO Foundation CEO Rune Christensen, who influenced the DeFi ecosystem and managed to solve several critical problems in his own project, is in seventh place.

On the eighth line is Zcash founder Zooko Wilcox, who continues to contribute to maintaining confidentiality in the cryptocurrency market.

The ninth place is held by the founder of TRON, Justin Sun, thanks to the successful acquisition of BitTorrent, Poloniex and Steemit, as well as a scandalous dinner with Warren Buffett.

On the tenth, host of the popular Bitcoin podcast, Peter McCormack. Researchers noted his significant contribution to the popularization of cryptocurrencies and the educational content of his programs.