Gemini Upgrades Zcash Software Ahead of Faster Block Times

The Winklevoss-owned cryptocurrency exchange Gemini has made a significant change to its Zcash (ZEC) software. The move comes ahead of an upcoming upgrade that will increase block times from 2 minutes and 16 seconds to 25 seconds, allowing for faster transaction processing.

This shift is part of Gemini's efforts to stay up-to-date with the evolving cryptocurrency landscape. The exchange has been at the forefront of Zcash adoption and has provided a platform for users to buy, sell, and store the digital asset.

The upgrade is expected to bring several benefits, including improved scalability and increased security. With faster block times, Zcash transactions will be processed more quickly, reducing congestion on the network.