Zcash holders vote to preserve halvings and defer recycled ZEC until 2031

Participating Zcash coinholders have overwhelmingly favored keeping scheduled halvings and waiting until February 2031 to begin returning ZEC collected by the Network Sustainability Mechanism to future block rewards.The choices were part of a five-question poll on NU7, Zcash's next network upgrade. Between 2.399 million and 2.404 million ZEC participated in each question. All five cleared 1 million ZEC, although the poll rules required only one question to reach that threshold for the overall poll to be considered representative.The result gives implementers a strong signal from participating economic stake. It does not activate any change, schedule NU7 or guarantee that every preferred feature will ship.ZEC poll favors halvings over smoother issuanceThe largest monetary-policy result came on whether the Network Sustainability Mechanism should replace periodic halvings with a smoother issuance curve. The final tally put 2,375,932.375 ZEC behind preserving halvings, compared with 22,384.875 ZEC for smoothing issuance.A separate timing question put 2,319,643.75 ZEC behind February 2031 as the date to begin recycling funds that the mechanism removes from circulation. Starting as soon ...