7:45 am. Greeting to steemitizen; people of frame-of-mind, an update in world of cryptocurrency . Crytocurrency zcash had called all hands on desk to brainstorm on security over the project development. The zcash developer, strength couple with mature vision and team player attitude are working so hard to upgrade privacy in order to safe-guard users experience in the nearest future.
Zooko Wilcox, co-founder and the CEO of Zerocoin Electric Coin Company, which designed the network, according to the CoinDesk, "The purpose of this is to get practice doing network upgrades."
Upcoming Monero Hard Fork, ZCash Upgrade And Bitcoin Cash Privacy Feature
Ultimately, upgrading has been zcash greatest challenge. The zcash developer engergy is bubbling and the next fork upgrade will be taken by June. The update had been spreading like wild-fire to community and i believe that steemitizen will join them to move zcash to greater height. According to developer, the best time is overwinter to make it unbreakable.
Wilcox said, he foresees a smooth transition:
He told CoinDesk:
"If you have a sprout, after it has endured cold, it becomes tougher."
While the thinking on forks has shifted some, hard forks have been seen as controversial since they are a kind of governance mechanism that forces users to move along with a technical change. Should the zcash community ride out this first transition, though, zcash developers believe it can handle others.
"If I say 'hard fork,' immediately people ask me what the name of the new coin is and if there will be an airdrop," Wilcox said, adding that he prefers to call Overwinter a "network upgrade."
But according to Wilcox, that won't be the case with this hard fork, since "people would rather have version 2.0" of zcash with new features that unlock immediately.