Zcash’s Latest Software Release Goes Live

Zcash, the popular privacy-focused blockchain, released a new version of its full node software on Thursday. The latest software version 5.5.0 is part of an effort to “deliver a solid and reliable user experience” and brings several new features and improvements. In this article, we will explore the key features of the latest release, including the proportional fee mechanism and the fund availability feature.

Proportional Fee Mechanism

One of the most important new features of Zcash’s latest software release is the proportional fee mechanism. This policy ensures that fees paid for transactions fairly reflect the corresponding processing costs incurred for executing those transactions. This is a significant improvement over the previous flat fee system, which did not take into account the varying costs associated with different types of transactions.

With the proportional fee mechanism, Zcash users can expect to pay lower fees for simple transactions and higher fees for more complex ones. This will help to ensure that the network remains secure and reliable, while also providing a fair and transparent fee structure for users.

Fund Availability

Another key feature of Zcash’s latest software release is the fund availability feature. This gives…