Zcash Private Transactions Could Fall Below 200ms
The open-source libraries cut wallet transaction construction to under 200 milliseconds in some cases and speed node checks and syncing, developers said.
- Zcash developers released the open-source Zakura Common toolkit on Aug. 29, reducing the time required to construct private transactions from over three seconds to under 200 milliseconds.
- Private Zcash transactions require user devices to perform substantial cryptographic work to create zero-knowledge proofs before broadcasting, causing payment delays. Zakura Common optimizes these computational processes on the user's device.
- Benchmarks show transaction construction is more than 14 times faster on mobile devices and over five times faster on desktop computers. Sinsemilla hashing improved more than 21 times and zk-SNARK verification by four to eight times.
- Wallet and node developers can integrate these libraries immediately under dual MIT and Apache 2.0 licenses without requiring a hard fork. Vizor Wallet is among the first projects adopting the new stack.
- This release serves as a testing ground for Project Tachyon and the proposed NU7 upgrade, which aim to support more than 50,000 private transactions per second. ZEC traded near $839 following the announcement.
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Zcash Cuts Transaction Time To Under 200 Milliseconds
The post Zcash Cuts Transaction Time To Under 200 Milliseconds appeared first on Coinpedia Fintech News Zcash’s Zakura team has launched Zakura Common, cryptographic software cutting private transaction creation time from over three seconds to under 200 milliseconds. The upgrade speeds mobile wallet processing by more than 14 times and desktop by over 5 times, with hashing 21 times faster and node verification up to 8 times quicker. Private Zcas…
Zcash (ZEC) Surges 5% After Breakthrough in Transaction Speed Technology
Zcash (ZEC) gains 5% after Zakura Common release slashes private transaction times from 3 seconds to under 200ms, delivering 14x faster mobile proof generation. The post Zcash (ZEC) Surges 5% After Breakthrough in Transaction Speed Technology appeared first on Blockonomi.
Zakura Common Kit accelerates creation of Zcash's private transactionsZcash launches Zakura Common and reduces creation of private transactions from 3 seconds to less than 200 ms
Zcash private transactions set to drop wait times to under 200 milliseconds
The significant reduction in transaction wait times enhances user experience and positions Zcash for broader adoption in privacy-focused payments. The post Zcash private transactions set to drop wait times to under 200 milliseconds appeared first on Crypto Briefing.
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