What Zcash Activates NU7, Taking 60% of Transaction Fees Out of Circulation means for your swap
Brief take: the headline, the parts that actually touch a no-KYC swap, and the order checklist for today. Source: Unchained.
The upgrade, which switches on Shielded Labs' Network Sustainability Mechanism, activated at block 3,543,405 at 9:34 p.m.
The full Unchained coverage: The upgrade, which switches on Shielded Labs' Network Sustainability Mechanism, activated at block 3,543,405 at 9:34 p.m. ET Thursday, per Blockchair data.
What this actually touches. Privacy-related headlines are exactly when you want self-custody on both sides of a swap: payout to your own wallet, never through accounts. Fresh addresses each time, refund address set before sending — the mechanics don't change with the news cycle. (recovering misdirected funds)
Do this today. Open a quote for the pair you actually care about, lock it fixed, set your payout and refund addresses, and let the chain do the rest. No accounts, no emails, no KYC. (recovering misdirected funds)
Source: Unchained: https://unchainedcrypto.com/zcash-activates-nu7-taking-60-of-transaction-fees-out-of-circulation/ (how Monero fees work)