live
ZEC$1,287-0.6%MCAP$21.87B24H VOL$745.78MBLOCK3,533,939SUPPLY16,993,750 ZECSHIELDED29.2%ZEC$1,287-0.6%MCAP$21.87B24H VOL$745.78MBLOCK3,533,939SUPPLY16,993,750 ZECSHIELDED29.2%
❯Protocol

Network Upgrades

Every consensus change Zcash has activated, with the exact block height it took effect at. These are the vertical markers you see on the charts — each one a rule the whole network agreed to at a fixed block, not an estimate.

▍Network upgrades
10
since launch
▍Halvings so far
2
every 1,680,000 blocks
▍Latest upgrade
NU6.3 — Ironwood
#3,428,143
▍Activated
28 July 2026
mainnet

▍Upgrade history

Each consensus change and the block it activated at, newest first.

NU6.3 — Ironwoodupgrade#3,428,143 · 28 July 2026

A fresh shielded pool with the fixed circuit baked in, so value can be re-proven as it crosses. Orchard drains through the turnstile into it.

Ironwood poolOrchard → Ironwood turnstile migrationzcashd end-of-life; Zebra or Zakura required
Orchard emergency fixupgrade#3,367,900 · 5 June 2026

A value-balance flaw in the Orchard proving circuit — present since 2022 and capable of minting counterfeit shielded notes — was disclosed by Shielded Labs and patched under an emergency upgrade. ZEC fell around 38% on the news.

Circuit soundness fixEmergency hard forkTurnstile monitoring
NU6.1upgrade#3,146,400 · 24 November 2025

First lockbox disbursement under an upgrade-adopted rule.

78,750 ZEC released to grantsDisbursement mechanism
NU6halving#2,726,400 · 23 November 2024

Second halving; part of the subsidy now accrues to a consensus-enforced lockbox.

Subsidy 1.5625 ZECLockbox 12% · grants 8%Deferred dev fund
NU5upgrade#1,687,104 · 31 May 2022

Orchard: a trusted-setup-free pool built on Halo 2, and unified addresses to hide the pool choice.

Orchard pool (Halo 2)Unified addressesTransaction version 5
Canopyhalving#1,046,400 · 18 November 2020

First halving; founders' reward ends and the ZIP-1014 development fund begins.

Subsidy 3.125 ZECDev fund 20% (ECC / ZF / grants)Sprout deposits disabled
Heartwoodupgrade#903,000 · 16 July 2020

Miners can receive rewards directly to shielded addresses; flyclient-friendly headers.

Shielded coinbaseChain history commitments in block headers
Blossomupgrade#653,600 · 11 December 2019

Block time halves to 75 seconds; subsidy halves with it so issuance is unchanged.

75 s target block timeSubsidy 6.25 ZEC per block
Saplingupgrade#419,200 · 28 October 2018

Shielded transactions become practical on phones: proofs in seconds, not minutes.

Sapling pool with Groth16 proofsSeparate viewing and spending keysHardware-wallet friendly signing
Overwinterupgrade#347,500 · 25 June 2018

Groundwork for upgrades: versioned transactions, replay protection, expiry heights.

Transaction version 3Transaction expirySignature hashing rework
Genesislaunch#0 · 28 October 2016

Launch with the Sprout shielded pool and a slow-start subsidy.

JoinSplit-based shielded transactionsEquihash 200,9 proof of work20% founders' reward for four years
Activation heights are consensus facts, read from the node's upgrade table. Treasury decisions tied to these upgrades are on the Treasury page. JSON at GET /api/v1/ecosystem.