CryptoSlate
Between 2.399 million and 2.404 million ZEC took part in each question of Zcash’s five-question NU7 poll, with all five clearing the 1 million ZEC threshold. Holders overwhelmingly backed preserving scheduled halvings and waiting until February 2031 to return ZEC collected by the Network Sustainability Mechanism to future block rewards.
Why it matters
The clearest monetary-policy result rejected replacing halvings with a smoother issuance curve. A total of 2,375,932.375 ZEC supported preserving halvings, compared with 22,384.875 ZEC for smoother issuance. On timing, 2,319,643.75 ZEC favored beginning recycled issuance in February 2031, while 70,239.625 ZEC chose the earliest possible start and 6,283 ZEC backed February 2027.
The vote gives NU7 implementers a strong signal from participating economic stake, but it does not activate a change, set the upgrade schedule or guarantee that every favored feature will ship. Other advisory groups were less aligned on monetary policy, with the Zcash Community Advisory Panel narrowly favoring smoother issuance and faster recycling.
Market impact
The remaining poll results also support disabling Sprout-era v4 transactions at NU7 activation, cutting target block spacing from 75 seconds to 25 seconds and shipping NU7 without features that miss the Sept. 30 implementation deadline. These preferences could shape Zcash’s monetary and network policy, but their market effect depends on execution.
As of Sept. 17, NU7 had no activation height, and the preserve-halvings specification still had unassigned deployment values. Specifications, code, review, testing and a final activation decision remain the next consequential steps for ZEC holders and markets.
Frequently asked questions
-
How much ZEC participated in the NU7 poll?
Between 2.399 million and 2.404 million ZEC participated in each of the five questions. All five cleared the 1 million ZEC threshold required for the poll to be considered representative.
-
What did holders decide about Zcash halvings?
A total of 2,375,932.375 ZEC supported preserving scheduled halvings, compared with 22,384.875 ZEC for replacing them with a smoother issuance curve.
-
Why did February 2031 matter in the vote?
The timing question favored February 2031 as the date to begin returning ZEC collected by the Network Sustainability Mechanism to future block rewards. The poll selected a preference but did not encode the date.
-
Does the poll activate NU7 or guarantee its features?
No. The poll is advisory and does not activate NU7, set its activation height or guarantee that every preferred feature will ship.
-
What other NU7 changes did voters support?
Voters supported disabling Sprout-era v4 transactions, reducing target block spacing from 75 seconds to 25 seconds and shipping NU7 without features that miss the Sept. 30 implementation deadline.
TheBlock
Lookonchain
CoinDesk
CoinTelegraph
Crypto News
Crypto Capital Venture