Zcash May Be Getting Spammed, but the Blockchain is Doing Just Fine, the Company Behind it Says

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Is zcash really getting spammed? Some people think so, but ElectricCoinCo, which backs the blockchain, has issued a statement it says sets things straight. FrederickMunawa reports.

) blockchain is experiencing a sudden increase in size due to higher transaction volumes, prompting concerns of a potential spam attack.

Jameson Lopp, co-founder and CTO of bitcoin storage company Casa, claims the Zcash blockchain has tripled in size to over 100GB in a matter of months. The Electric Coin Company , the organization behind Zcash, issued a statement on Twitter addressing the concerns and assured users that Zcash was functioning normally.

“The vast majority of Zcash users are unaffected by the increased size of the blockchain, but users of shielded wallets are reporting slower than normal sync times due to a high volume of transactions with a high number of outputs. While Zcash is functioning as designed, the ECC engineering team is focused on improving performance,” the statement read.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

zcash ElectricCoinCo FrederickMunawa Zcash is $ZEC which is Private Permissionless Digital SPaM 🚮

zcash ElectricCoinCo FrederickMunawa According to IOHK_Charles it is definitely getting spammed and that's why his devs have made it impossible to do on cardano, not a shill, just heard it on Charles' livestream.

zcash ElectricCoinCo FrederickMunawa Da fuq you call Satoshi dice

zcash ElectricCoinCo FrederickMunawa Join for binance futures trade calls and start making lots of profits on telegram

zcash ElectricCoinCo FrederickMunawa 🚀Thnkss a millon.

zcash ElectricCoinCo FrederickMunawa Uniswap mmust fix this asap

Australia Australia Latest News, Australia Australia Headlines