Zcash upgraded and launched, short-term bulls face liquidation
2026-09-01 17:07:22
According to CoinMeta, Zcash faced short-term long positions liquidation at the beginning of this week, and traders are paying attention to new fluctuations in ZEC. Meanwhile, the upgrade of Zakura to private transaction proof generation has brought a significant increase in speed, which is expected to attract new attention from the network and users. Analyst Joao Wedson pointed out that there are still a large number of uncleared long and short positions in the market, and price fluctuations in ZEC may affect these positions. The upgrade of Zakura reduced the time required for private transaction proof generation from over three seconds to less than 200 milliseconds, improving the generation speed on mobile and desktop devices, which may make private transactions more practical for ordinary users. In addition, the Zcash ecosystem has also released several updates, including version updates for the Zodl wallet and Zcash core.
Source:The Coin Republic
This content is for market information only and does not constitute investment advice.
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