Zcash’s oldest privacy pool is set to freeze $16 million
In short
Zcash’s oldest privacy pool, Sprout, is about to freeze about $16 million. CoinDesk said about 12,200 ZEC is still in the pool, and about 10,000 coins left over the past week.
Only about 40 coins moved out on Wednesday.
What the reporting says
Zcash is about to freeze about $16 million in its oldest privacy pool, Sprout, according to a CoinDesk summary. Roughly 12,200 ZEC remains in the pool, and about 10,000 coins have left over the past week, with only about 40 moving out on Wednesday.
Why it matters
Zcash’s Sprout privacy pool is reported to be nearing a freeze, with about 12,200 ZEC remaining and roughly 10,000 coins leaving over the past week.