Zcash community votes to retain halving mechanism, ZEC reached $1388 at one point

The Zcash community has decided to retain the Bitcoin style halving mechanism with a support rate of 98.9%. A total of 2.4 million ZECs were used in the vote, accounting for 66% of eligible tokens. The community has also chosen to shorten the block time to 25 seconds, immediately abandon Sprout funding pool, and limit the NU7 upgrade scope to features that can be completed before September 30th. ZEC once reached $1388, a daily increase of 10.9%, with a market value of $22.9 billion, rising to the ninth place in the market value of cryptocurrency assets. Zcash's Ironwood upgrade was launched in July, adding anti quantum trading records; The token has risen by over 2500% in the past year. (Source: Decrypt)