Zcash Canopy: feature and protocol changes explained by Daira Hopwood

Canopy is the fifth major network upgrade for Zcash, coinciding with the first Zcash halving. The community chose “Canopy” as the name for this network upgrade to evoke themes of collaboration and a vibrant and hospitable ecosystem for many participants.

There are five ZIPs included in Canopy. The feature selection for Canopy was determined by the Electric Coin Co and Zcash Foundation, and finalized in Release 3.1.0.

Most importantly, Canopy will establish a new development fund for the next four years. Miners will receive 80% of the mining reward. The remaining 20% will be divided between the new Major Grants Fund (8%), Electric Coin Co (7%), the Zcash Foundation (5%).

Read more: https://z.cash/upgrade/canopy/
Canopy docs: https://zcash.readthedocs.io/en/latest/rtd_pages/nu_dev_guide.html#canopy
ZIPs: https://zips.z.cash/

Тэги:

#Zcash #Zcash_dev_fund #Zcash_Canopy #Canopy_Network_Upgrade #Zcash_Network_Upgrade #Zcash_birthday #ZIPs #Zcash_Improvement_Propoals #Blockchain_protocol #Blockchain_network_upgrade #Blockchain_fork #Zcash_hard_fork #Zcash_features #Zcash_protocol #Blockchain_security #Zcash_sprout #Zcash_sapling #Network_protocol_design

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