Zcash Upgrade Could Lock $16 Million in Crypto Forever

Bearish-29.70%
5 Nov, 19:46
Source: Decrypt

AI Summary

Zcash's upcoming network upgrade risks permanently locking approximately $16 million in coins within an aging privacy system that will cease withdrawal operations.

Zcash's latest upgrade promises faster transactions, but thousands of coins remain in an aging privacy system that will soon stop accepting withdrawals, potentially leaving their owners empty-handed.