Zcash NU7 upgrade leaves 12,224 ZEC stranded in Sprout pool
In short
Zcash’s NU7 upgrade has left 12,224 ZEC stuck in the Sprout pool. The value tied up is about $15 million.
What the reporting says
Zcash’s NU7 upgrade has rendered about $15 million in legacy Sprout funds unspendable. The upgrade left 12,224 ZEC stranded in the Sprout pool, although a future network upgrade could potentially restore access.
Why it matters
Zcash’s NU7 upgrade has made about $15 million in legacy Sprout funds unspendable, leaving 12,224 ZEC stranded in the Sprout pool. A future network upgrade could potentially restore access. This matters for Zcash holders and for confidence in protocol upgrades affecting on-chain funds.