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Insight2026-11-064 min read

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)

Frequently asked questions

Should I change my swap plan because of this news?

Usually the plan stays: fixed rate, fresh addresses, refund set first. The news changes timing, not mechanics — and only timing if it genuinely touches the chain or coin you're moving.

Can I still do this without KYC?

Yes. VeilSwap routes through instant swap pools with no sign-up and no identity checks at signup — larger amounts may trigger provider-side risk scoring, which is why splitting orders works.

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No account · No KYC · No email

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What Zcash Activates NU7, Taking 60% of Transaction Fees Out of Circulation means for your swap