Zcash: the Sapling update expected today October 29th! by infoslink

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· @infoslink ·
$5.40
Zcash: the Sapling update expected today October 29th!
<center>https://infos.link/wp-content/uploads/2018/10/sapling-protocol-seeks-to-make-the-zcash-network-more-secure-and-transparent-criptonews.jpg</center> <br/><em><strong>A new update of Zcash called Sapling Protocol is expected this October 29 in order to reduce the cost of calculating transactions. The upgrade would therefore make transactions 100 times lighter and 6 times faster.</strong></em>
<h2>Sapling protocol to improve the hashrate</h2>
In the cryptocurrency ecosystem, <strong>the ability of a platform to streamline and enhance transaction processing speed (hash rate) introduces greater gains for miners and greater convenience for users.</strong>

The next update of Zcash should allow a better hash performance to attract more miners to work on the transaction network.

At the same time, this will help secure the platform because the higher the hashrate, the more validations are available.
<h2>Shielded transactions with Sapling</h2>
Zcash's technical director Nathan Wilcox said:
<blockquote>"The Sapling protocol will make shielded transfers with about 100 times less memory and probably 6 times faster. In terms of performance, the update will accelerate validations via Zcash-Sapling addresses (a few seconds) that reduce by 100 times the size of downloaded data, ie 30 MB instead of 3 GB. "
</blockquote>
The goal of the upgrade is thus towards "default privacy" for network users.

The implementation of Sapling aims to eliminate other types of transactions via a transfer to armored transactions.
<blockquote>"We hope to see a migration to Sapling adoption, and as this migration continues, we hope to move to default confidentiality when the time is right," says Wilcox.
</blockquote>
<strong>What do you think of this new update of Zcash? Give us your opinion in the comments section.</strong> <br /> 
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@botcoin ·
re-infoslink-zcashthesaplingupdateexpectedtodayoctober29th-1ssazjega6-20181030t024852875z
You got a 100.00% upvote from @botcoin courtesy of @infoslink!
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@iamthegray ·
That's great news 

Do we expect the price to pump a bit? (like what happened to XRP when a new update was implemented) 

Thanks for sharing 

Steem on
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