Zcash to freeze $16M in privacy pool, set for major upgrade

• About 12,200 ZEC remains in Zcash's Sprout privacy pool, launched in 2016.
• Zcash is set for a major upgrade on November 5, reducing block time from 75 seconds to 25.
• The NU7 upgrade aims to make transaction confirmations roughly three times faster.
• Despite a challenging year for the crypto market, Zcash has seen a 134% increase in value year to date.
• Roughly 10,000 ZEC have left the Sprout pool over the past week, with only about 40 moving out on Wednesday.