[Zcash Community Votes 98.9% to Retain Bitcoin-Style Halving, ZEC Hits $1,388] Odaily Planet Daily News: The Zcash community has voted with a 98.9% approval rate to retain the Bitcoin-style halving mechanism. A total of 2.4 million ZEC were used in the vote, accounting for 66% of eligible tokens. The community also decided to shorten the block time to 25 seconds, immediately deprecate the Sprout pool, and limit the scope of the NU7 upgrade to features that can be completed by September 30. ZEC once reached $1,388, rising 10.9% in a single day, with a market capitalization of $22.9 billion, climbing to the ninth position among crypto assets by market cap. Zcash's Ironwood upgrade was activated in July, introducing quantum-resistant transaction records. The token has surged over 2,500% in the past year. (Decrypt)