[Zcash to Activate NU7 Network Upgrade Tomorrow Morning, Freezing Approximately $16 Million in Sprout Privacy Pool] According to CoinDesk, Zcash holders will need to transfer approximately $16 million from Sprout, the oldest privacy pool on the NU7 network, before the upgrade. The upgrade is expected to activate around 10:30 AM Beijing time on Friday, November 6th (9:30 PM Eastern Time on Thursday), at which point these tokens will be unusable even with valid private keys. As of Thursday morning, the Sprout pool still held approximately 12,226 ZEC, worth about $16 million at $1,300 each. NU7 is scheduled to activate at block 3543405 and will reject version 4 transactions, the only transaction format that can spend Sprout tokens. ZIP 2003 reserves the possibility of restoring access through a future upgrade but warns that the transfer function may never be reactivated.