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Today, October 28, ZCash celebrates its second year of launch. Converging with the anniversary of the private cryptocurrency, this Sunday, version 2.0.0 of the main network of the project has been activated, the first compatible with Sapling.
The activation of the new version it's produced at 7 am United States), which was to take place at block 419 200 of the channel, was broadcast live by Youtube. But this had already been announced August 16 by the company ZeroCoin Electric, with the goal that users and nodes make the updates to continue to operate the network properly.
This new update of the protocol ZCash is dedicated to improving the efficiency of armored transactions of the blockchain. Well, currently 85% of users network carry out public transactions leaving aside the goal of anonymity with which ZCash has been created: confidentiality.
According to the developers, the low utilization of armored transactions is due "in large part" to the cost of verifying the validity of this type of transaction. However, version 2.0.0 is not the solution to the complexity of ZCash's anonymous transactions. For this, the ZCash Foundation launched the Culture protocol.
Sapling focuses on improving "performance and functionality" of ZCash's armored transactions. For this, it is proposed to transform the process into an additional process. transparent, safe and simple by implementing a multi-pair computing protocol (MPC), which replaces the current test system for zk-SNARK shielded transactions.
In addition, in addition to switching to a version of the Sapling-compatible network, the 2.0.0 update corrects an error introduced with Winter. According to this announcement, it eliminates a "peer ban error" introduced by Overwinter in the synchronized nodes before block 347,500, the activation block that was retrieved on June 25, 2017. This error caused a slow synchronization to limit a "DoS attack class" which, with the new version, will be replaced by "the behavior allowing to ignore the invalid transactions".
Regarding the updates that the portfolios must implement to adopt the new Sapling feature, Zooko Wilcox, founder of Zcash, said that Jaxx users would not be able to send Zcash into this wallet as long as it was not. it would not have been updated by its developers.
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