As was updated in an earlier Coincu News article, since June or July, Zcash has been suffering from a spam attack in which attackers have been submitting massive transactions that quickly fill up block space.
The blockchain is experiencing a sudden increase in size due to higher transaction volumes reaching 100 GB, raising concerns about a potential spam attack.
The Electric Coin Company (ECC), the organization behind Zcash, has released a statement that will address concerns and assure users that Zcash is functioning properly.
The vast majority of Zcash users are unaffected by the vast increased size of the blockchain, but users of shielded wallets are reporting slower than normal sync times due to a high volume transactions with a high number of outputs.
The ECC team is updating the community on their contribution to improving performance and will continue to communicate with the community.
Currently ZEC token is trading at 55.1$, down 2,81% in the last 24 hours.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Foxy
CoinCu News
Best Cryptos to Invest in December 2024: Qubetics surges past $2.6M, Solana’s whale pump ignites…
As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…
With the crypto market reaching new peaks, many are eager to discover digital currencies poised…
XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…
Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…
There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…
This website uses cookies.