Hardfork Sapling Held on Zcash Network

[Mazda3]

In the main Zcash network, the Sapling protocol was activated, which is necessary to perform secure transactions and increase blockchain performance.
The update is activated at block 419200. It, in particular, will reduce the time for processing transactions up to 90%, as well as significantly reduce the requirements for the amount of memory required to perform secure transactions. Sapling activation will also make it possible to use lightweight clients for secure transactions, and not just full nodes.

Immediately after activating Sapling, users of the zcashd client have access to addresses of a new type. Currently, funds cannot be transferred from protected old addresses to new ones without disclosing the amount of the transaction. This makes it possible to audit the monetary base of ZEC relating to protected addresses. The Zcash team is currently working on creating a tool to automate the movement of funds without compromising user privacy.

The Zcash blog also says that Sapling activation is essentially a “rebirth of cryptocurrency,” because it takes the project a step closer to mass adoption as an open and confidential payment system.
A source:

 

[EddieFx]

This sure sounds interesting, do you have any articels or something on this topic? Would love to read them!

[Quinlan]

On 10/29/2018 at 12:27 PM, EddieFx said:

This sure sounds interesting, do you have any articels or something on this topic? Would love to read them!

I have written a short article about it, you can read it here: https://www.crypto-world.gr/en/news/28-10-2018-zcash-sapling-faster-cheaper-more-secure-anonymous-transactions/

[peel1]

sweet I was thinking of mining some Zcash as it pretty profitable right now 

[jortdeut]

Zcash is really going good right now. So this would be interesting 🤔

[Jakubb]

Surprising increase in Zcash, love to see it, although i'm still thinking whether investing long term is a good idea..