Share this article
Zcash’s Latest Software Release Goes Live
Version 5.5.0 is part of an effort to “deliver a solid and reliable user experience.”
Updated Apr 28, 2023, 2:15 p.m. Published Apr 28, 2023, 5:47 a.m. 1 min read
Zcash, the popular privacy-focused blockchain, released a new version of its full node software on Thursday, according to a post by its creator, Electronic Coin Company (ECC).
New release: zcashd 5.5.0 is available now.
— Electric Coin Co. (@ElectricCoinCo) April 28, 2023
✅ Bug fixes, etc.
✅ Proportional fee mechanism
✅ Lays the foundation for fund availability featureshttps://t.co/2FijpJVjPp
The software version 5.5.0 introduces several bug fixes, proportional fee mechanism and lays the groundwork for useful functionality in the future.
Proportional fee mechanism is a policy that ensures fees paid for transactions fairly reflect the corresponding processing costs incurred for executing those transactions. A key upcoming feature is fund availability, which gives Zcash users the ability to spend funds before a wallet is fully synchronized.
“The Zcash protocol continues to be our primary focus at ECC, as we work to exit ‘Emergency Mode’ and deliver a solid and reliable user experience,” the post states.
At the time of writing, Zcash's ZEC token was up 2.15%.
Read more: New Privacy Blockchain Namada Proposes First-Ever Shielded Airdrop to Zcash
More For You
A draft XRPL amendment notes that flash loan attacks are "structurally impossible" on the network because of how its transactions are built, an architectural quirk that has spared the chain from the exploit class that has cost Ethereum DeFi billions.
What to know:
- Recent DeFi exploits on protocols like Thorchain, Drift and KelpDAO have relied on flash loans, a mechanism that does not exist on the XRP Ledger.
- Because XRPL transactions are atomic and cannot include composable intra-transaction calls, flash loan attacks are structurally impossible on the network.
- As XRPL pursues AMM upgrades...
Top Stories
