Zcash ZEC: Blossom Network Update
What is Blossom?
Blossom is the third network upgrade for Zcash.
Improvements
Shorter Blocktimes
This feature increases the frequency of blocks, allowing transactions to resolve faster. This will improve Zcash’s usability and increase how many transactions per hour the network can sustain while keeping transaction fees low.
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.
