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Sprout is a Crypto investing platform that enables crypto-ready users in emerging markets to build wealth with automated investment strategies. Sprout simplifies crypto investing by connecting retail users to proven strategies built on top of established protocols to bridge the gap between TradFi and DeFi and offer an easy onboarding experience.
Zcash Plans to Activate NU7 on November 5, Sprout Pool ZEC Will Become Unspendable
Odaily reports: Privacy blockchain project Zcash plans to implement the NU7 upgrade, after which it will stop accepting the fourth version transaction format that allows spending of Sprout pool funds. If ZEC is not transferred out before the upgrade, holders may lose the ability to spend the related funds.The proposal will not destroy Sprout pool funds, and access may still be restored in the future. However, the proposal warns that funds remaining in the pool may also become permanently unspendable. Zcash co-founder Zooko Wilcox has reposted the related reminder.NU7 is scheduled to activate on the testnet on October 6, and Zcash is expected to decide on October 20 whether to activate on the mainnet on November 5 as planned. The upgrade will also shorten the target block time from 75 seconds to 25 seconds and maintain the network's halving cycle. (Cointelegraph)
Dragonfly Partner: Zcash Vulnerability Incident Overhyped by Market, Majority of Holders Unaffected
Haseeb, Managing Partner at Dragonfly, has addressed the recently patched Zcash vulnerability, stating that there are many misconceptions in the market regarding the incident. He pointed out that even if the vulnerability had been exploited before the fix, an attacker could only profit by forging ZEC within the shielded pool. For these tokens to enter mainstream trading platforms, they would first need to be converted from shielded addresses to transparent addresses. Since the supply of ZEC in transparent addresses is publicly verifiable, any abnormal transfers exceeding the maximum supply would be detected and blocked. Therefore, the vast majority of investors and exchange users holding transparent ZEC would not be affected.Haseeb stated that the Zcash team plans to introduce a new “Turnstile” mechanism and a new shielded pool in future upgrades to verify that the current shielded pool does not suffer from inflation issues. He also noted that formally verified cryptographic systems can reduce implementation errors at the design level. Finally, Haseeb disclosed that Dragonfly still holds ZEC, and he is personally an investor in ZODL.
Polymarket: "Zcash will hit $100 in 2026" probability rises to 53%, up 36% in 24H
Odaily Seer Prophet Channel monitoring shows that the probability of "Zcash will hit $100 in 2026" on Polymarket has risen to 53%, a 24-hour increase of 36%.Market rules: If between 17:35 on November 24, 2025, and 23:59 on December 31, 2026 (Eastern Time), the lowest price (Low) of any 1-minute candlestick of the Binance ZEC/USDT trading pair reaches or falls below the price stated in the title, this market will immediately settle as "Yes"; otherwise, it will settle as "No." Settlement is based solely on the 1-minute candlestick data of the Binance ZEC/USDT trading pair; prices from other exchanges or trading pairs will not be considered.In previous news, the privacy coin Zcash disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately $6.5 million) from the deprecated Sprout privacy pool. Officials stated that the vulnerability had existed since July 2020 but was not actually exploited, and user funds remained safe at all times. The development team has released version v6.12.0 to complete the fix, and major mining pools have already upgraded their deployments.Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before pricing.
Dragonfly Partner: Zcash Vulnerability Incident Overhyped by Market, Majority of Holders Unaffected
Haseeb, Managing Partner at Dragonfly, has addressed the recently patched Zcash vulnerability, stating that there are many misconceptions in the market regarding the incident. He pointed out that even if the vulnerability had been exploited before the fix, an attacker could only profit by forging ZEC within the shielded pool. For these tokens to enter mainstream trading platforms, they would first need to be converted from shielded addresses to transparent addresses. Since the supply of ZEC in transparent addresses is publicly verifiable, any abnormal transfers exceeding the maximum supply would be detected and blocked. Therefore, the vast majority of investors and exchange users holding transparent ZEC would not be affected.Haseeb stated that the Zcash team plans to introduce a new “Turnstile” mechanism and a new shielded pool in future upgrades to verify that the current shielded pool does not suffer from inflation issues. He also noted that formally verified cryptographic systems can reduce implementation errors at the design level. Finally, Haseeb disclosed that Dragonfly still holds ZEC, and he is personally an investor in ZODL.
Zcash Plans to Activate NU7 on November 5, Sprout Pool ZEC Will Become Unspendable
Odaily reports: Privacy blockchain project Zcash plans to implement the NU7 upgrade, after which it will stop accepting the fourth version transaction format that allows spending of Sprout pool funds. If ZEC is not transferred out before the upgrade, holders may lose the ability to spend the related funds.The proposal will not destroy Sprout pool funds, and access may still be restored in the future. However, the proposal warns that funds remaining in the pool may also become permanently unspendable. Zcash co-founder Zooko Wilcox has reposted the related reminder.NU7 is scheduled to activate on the testnet on October 6, and Zcash is expected to decide on October 20 whether to activate on the mainnet on November 5 as planned. The upgrade will also shorten the target block time from 75 seconds to 25 seconds and maintain the network's halving cycle. (Cointelegraph)
Zcash Community Votes 98.9% to Keep Bitcoin-Style Halving, ZEC Briefly Hits $1,388
Odaily News: The Zcash community has decided with 98.9% support to retain the Bitcoin-style halving mechanism, with a total of 2.4 million ZEC used in the vote, representing 66% of eligible tokens. The community also chose to shorten block times to 25 seconds, immediately deprecate the Sprout pool, and limit the scope of the NU7 upgrade to features that can be completed before September 30.ZEC briefly reached $1,388, rising 10.9% in a single day, with a market cap of $22.9 billion, climbing to ninth place among crypto assets by market capitalization. Zcash's Ironwood upgrade was activated in July, adding quantum-resistant transaction records; the token has risen over 2,500% in the past year. (Decrypt)
Zcash Community Votes to Support Reducing Block Time to 25 Seconds and Launching NU7 as Soon as Possible
Odaily News: Approximately 2.4 million ZEC participated in the privacy-protection vote for Zcash's next major network upgrade, NU7, accounting for about two-thirds of the tokens eligible to vote.Voters supported shortening the block time to 25 seconds, retaining the Bitcoin-style halving schedule, and launching NU7 as soon as possible; they also supported postponing the reissuance of fees collected by the network sustainability mechanism until February 2031 and disabling transactions related to the deprecated Sprout privacy system. (CoinDesk)
Polymarket: "Zcash will hit $100 in 2026" probability rises to 53%, up 36% in 24H
Odaily Seer Prophet Channel monitoring shows that the probability of "Zcash will hit $100 in 2026" on Polymarket has risen to 53%, a 24-hour increase of 36%.Market rules: If between 17:35 on November 24, 2025, and 23:59 on December 31, 2026 (Eastern Time), the lowest price (Low) of any 1-minute candlestick of the Binance ZEC/USDT trading pair reaches or falls below the price stated in the title, this market will immediately settle as "Yes"; otherwise, it will settle as "No." Settlement is based solely on the 1-minute candlestick data of the Binance ZEC/USDT trading pair; prices from other exchanges or trading pairs will not be considered.In previous news, the privacy coin Zcash disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately $6.5 million) from the deprecated Sprout privacy pool. Officials stated that the vulnerability had existed since July 2020 but was not actually exploited, and user funds remained safe at all times. The development team has released version v6.12.0 to complete the fix, and major mining pools have already upgraded their deployments.Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before pricing.
Dragonfly Partner: Zcash Vulnerability Incident Overhyped by Market, Majority of Holders Unaffected
Haseeb, Managing Partner at Dragonfly, has addressed the recently patched Zcash vulnerability, stating that there are many misconceptions in the market regarding the incident. He pointed out that even if the vulnerability had been exploited before the fix, an attacker could only profit by forging ZEC within the shielded pool. For these tokens to enter mainstream trading platforms, they would first need to be converted from shielded addresses to transparent addresses. Since the supply of ZEC in transparent addresses is publicly verifiable, any abnormal transfers exceeding the maximum supply would be detected and blocked. Therefore, the vast majority of investors and exchange users holding transparent ZEC would not be affected.Haseeb stated that the Zcash team plans to introduce a new “Turnstile” mechanism and a new shielded pool in future upgrades to verify that the current shielded pool does not suffer from inflation issues. He also noted that formally verified cryptographic systems can reduce implementation errors at the design level. Finally, Haseeb disclosed that Dragonfly still holds ZEC, and he is personally an investor in ZODL.
Related news
Zcash Plans to Activate NU7 on November 5, Sprout Pool ZEC Will Become Unspendable
Odaily reports: Privacy blockchain project Zcash plans to implement the NU7 upgrade, after which it will stop accepting the fourth version transaction format that allows spending of Sprout pool funds. If ZEC is not transferred out before the upgrade, holders may lose the ability to spend the related funds.The proposal will not destroy Sprout pool funds, and access may still be restored in the future. However, the proposal warns that funds remaining in the pool may also become permanently unspendable. Zcash co-founder Zooko Wilcox has reposted the related reminder.NU7 is scheduled to activate on the testnet on October 6, and Zcash is expected to decide on October 20 whether to activate on the mainnet on November 5 as planned. The upgrade will also shorten the target block time from 75 seconds to 25 seconds and maintain the network's halving cycle. (Cointelegraph)
Zcash Community Votes 98.9% to Keep Bitcoin-Style Halving, ZEC Briefly Hits $1,388
Odaily News: The Zcash community has decided with 98.9% support to retain the Bitcoin-style halving mechanism, with a total of 2.4 million ZEC used in the vote, representing 66% of eligible tokens. The community also chose to shorten block times to 25 seconds, immediately deprecate the Sprout pool, and limit the scope of the NU7 upgrade to features that can be completed before September 30.ZEC briefly reached $1,388, rising 10.9% in a single day, with a market cap of $22.9 billion, climbing to ninth place among crypto assets by market capitalization. Zcash's Ironwood upgrade was activated in July, adding quantum-resistant transaction records; the token has risen over 2,500% in the past year. (Decrypt)
Zcash Community Votes to Support Reducing Block Time to 25 Seconds and Launching NU7 as Soon as Possible
Odaily News: Approximately 2.4 million ZEC participated in the privacy-protection vote for Zcash's next major network upgrade, NU7, accounting for about two-thirds of the tokens eligible to vote.Voters supported shortening the block time to 25 seconds, retaining the Bitcoin-style halving schedule, and launching NU7 as soon as possible; they also supported postponing the reissuance of fees collected by the network sustainability mechanism until February 2031 and disabling transactions related to the deprecated Sprout privacy system. (CoinDesk)
Polymarket: "Zcash will hit $100 in 2026" probability rises to 53%, up 36% in 24H
Odaily Seer Prophet Channel monitoring shows that the probability of "Zcash will hit $100 in 2026" on Polymarket has risen to 53%, a 24-hour increase of 36%.Market rules: If between 17:35 on November 24, 2025, and 23:59 on December 31, 2026 (Eastern Time), the lowest price (Low) of any 1-minute candlestick of the Binance ZEC/USDT trading pair reaches or falls below the price stated in the title, this market will immediately settle as "Yes"; otherwise, it will settle as "No." Settlement is based solely on the 1-minute candlestick data of the Binance ZEC/USDT trading pair; prices from other exchanges or trading pairs will not be considered.In previous news, the privacy coin Zcash disclosed and fixed a critical security vulnerability that could have been exploited by malicious miners to transfer over 25,000 ZEC (approximately $6.5 million) from the deprecated Sprout privacy pool. Officials stated that the vulnerability had existed since July 2020 but was not actually exploited, and user funds remained safe at all times. The development team has released version v6.12.0 to complete the fix, and major mining pools have already upgraded their deployments.Odaily Seer Prophet Channel continues to monitor prediction markets, seeing changes before pricing.
Dragonfly Partner: Zcash Vulnerability Incident Overhyped by Market, Majority of Holders Unaffected
Haseeb, Managing Partner at Dragonfly, has addressed the recently patched Zcash vulnerability, stating that there are many misconceptions in the market regarding the incident. He pointed out that even if the vulnerability had been exploited before the fix, an attacker could only profit by forging ZEC within the shielded pool. For these tokens to enter mainstream trading platforms, they would first need to be converted from shielded addresses to transparent addresses. Since the supply of ZEC in transparent addresses is publicly verifiable, any abnormal transfers exceeding the maximum supply would be detected and blocked. Therefore, the vast majority of investors and exchange users holding transparent ZEC would not be affected.Haseeb stated that the Zcash team plans to introduce a new “Turnstile” mechanism and a new shielded pool in future upgrades to verify that the current shielded pool does not suffer from inflation issues. He also noted that formally verified cryptographic systems can reduce implementation errors at the design level. Finally, Haseeb disclosed that Dragonfly still holds ZEC, and he is personally an investor in ZODL.