ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth

ZCash (ZEC) Could Soon Transition to Proof-of-Stake as a Means of Driving Sustainable Growth

Summary: The Electric Coin Company has initiated research on a possible transition of ZCash from a proof-of-work mechanism to a proof-of-stake. The research will focus on shielded wallet UX and security, cross-chain interoperability, proof-of-stake security, issuance rate, on-chain governance, and reducing the protocol’s complexity. The rationale behind exploring ZCash’s possible…
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Source: Ethereum World News
Posted: 32 minutes ago