ZCash Overwinter upgrade is released

First network upgrade should not be regarded as a fork
03 March 2018   539

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.

The First Crypto Firm listed by London Stock Exchange

London-headquartered Argo Blockchain has gained the approval from London Stock Exchange to list its stocks on the exchange
11 June 2018   173

Argo Blockchain is a cloud-based crypto mining company that operates on a subscription-based model. It bgan its business last year considering the increasing difficulty in the mining cryptocurrencies because of the involvement of ASICS and big mining players. The company’s operations are based in Canada’s Quebec province and also is to extend its base to Iceland and China.

Crypto mining enthusiasts can mine any of the 4 cryptocurrency options - Bitcoin Gold, Ethereum, Ethereum Classic, and Zcash - provided by the company remotely on its mining rigs. This is a huge plus for the blockchain-built companies as this will be the first crypto organization to get listed on the London Stock Exchange.

Setting up a computer rig to mine cryptocurrency is challenging, inefficient and expensive. I knew that we had to change the game and democratize the process so that crypto-mining could become a mainstream consumer activity.
Mike Edwards
Co-Founder, Argo 

Argo is aimed to charge clients $25 or £18 a month for the mining activity. Nevertheless, it is not planning to establish a separate mining pool and will stick to the existing ones. Also, it will not support any digital tokens for its users and will limit one contract at a time for each customer.