NU5 activates on mainnet, eliminating trusted setup and launching a new era for Zcash

Zcash Network Upgrade 5 (NU5) activated on mainnet today, May 31. It is the most important milestone for Zcash since the cryptocurrency launched in 2016 — and as our Electric Coin Co. (ECC) CEO Zooko Wilcox put it, “an historic step forward for human society.”