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Zcash NU7 upgrade leaves about 12,224 ZEC stranded in Sprout pool

The Zcash NU7 upgrade is live and has made roughly 12,224 ZEC in the legacy Sprout pool unspendable. A future network upgrade could restore access, according to Cointelegraph.

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Zcash NU7 upgrade leaves about 12,224 ZEC stranded in Sprout pool

The Zcash network has moved to the NU7 upgrade. According to Cointelegraph, after its launch about 12,224 ZEC, estimated by the outlet at roughly $15 million, became impossible to spend in the legacy Sprout pool.

A future network upgrade could potentially restore access to these funds, the source reports. The timing and technical mechanics of such a step are not described in the article.

The full text of the article could not be retrieved, so the reasons behind the developers' decision and the list of affected addresses are not described here.

Sources

Prepared by AI from the sources above and checked against them (how we work). Spotted a mistake? Write to @highrisk_team.

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