Zcash Upgrade Could Lock $16 Million in Crypto Forever
Summary
An upcoming Zcash network upgrade aims to improve transaction speeds for users. However, holders of thousands of coins currently sitting in an older privacy system face the risk of permanent loss if they fail to withdraw their funds before the transition takes effect.
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.
Source: Read the full story at Decrypt
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