BTC PULSE
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
Play Now
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

Electric Coin Co. Continues Work on Zcash Wallet Performance Issues

by Dan K
Mar 25, 2023 - 12:00 am
in Blockchain
|

|

Electric Coin Co. (ECC) has been working tirelessly since June 2022 to resolve Zcash wallet performance issues that are affecting users of third-party apps such as Edge, Nighthawk, and Unstoppable. ECC is responsible for developing the software development kit (SDK) utilized by these mobile wallets. Solving these issues is the company’s number one priority, taking precedence over their long-term roadmap.

The problem began when the Zcash network experienced a massive increase in shielded transaction volume, causing a “data pileup” that prevented some wallets from syncing in a reasonable amount of time. This syncing issue prevents users from accessing or spending their funds. It requires developing and implementing a faster algorithm that does not require a linear sync of all blocks on-chain, as well as tooling modifications that will allow users to spend funds without having a fully synced chain.

ECC released two updates to zcashd that resolved full node issues, and work was underway on the SDKs. The company also released zcashd 5.3.0 to fix out-of-memory issues. However, further public releases relevant to syncing issues were delayed, as ECC engineers were pulled off task to build zcashd 5.3.3 and 5.4.2, critical updates that remediated vulnerabilities inherited from Bitcoin Core.

The table below shows the estimated release schedule to address the wallet syncing issues. After these releases are made available, third-party developers may need a number of days or weeks to implement and test.

Date Release Details

First half of April 2023 zcashd 5.5.0 Transaction-fee structure change based on overall size (inputs/outputs) and frequency of transactions (ZIP-317) will make attempts to spam or flood the network with txs much more expensive and unlikely. Fund availability improvement will provide the ability to spend funds before a wallet is fully synchronized. The second half of April 2023 lightwalletd 0.5 Partners currently running lightwalletd servers will need to apply this update to allow the future SDK capabilities to properly function and deliver an improved user experience via the mobile wallets. Supports future zcash 5.6.0 update. Second half of April 2023 ECC prototype wallet Initial distribution will be limited with a broader product launch later in 2023. Second half of May 2023 zcashd 5.6.0 DAGSync capability, which will enable fast sync and scanning of the blockchain. Second half of May 2023 Mobile SDK updates 0.6 (iOS & Android) This update will include support for third-party app access to funding availability and improved sync capabilities.

The ECC team has made progress on these wallet performance issues, but work remains. The solution requires changes to every component in the shielded mobile wallet stack, including zcashd, lightwalletd, the ECC wallet SDKs, and the ECC prototype wallet. Once the updates are live, it will be up to individual wallet developers to integrate new features into their applications, enabling users to access their funds without issues and improve the overall Zcash user experience.

Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

Crypto traders favoring Europe’s MiCA regulation over US uncertainty

Despite Trump’s Support, Crypto Firms Flock to MiCA Over US Regulations

June 22, 2025

Europe draws crypto momentum under MiCA, while US retail interest falls despite Trump’s backing and lack of clear...

creenshot of fake CoinBridge crypto exchange linked to $860K scam

Florida Investor Scammed Out of $860K by Crypto Trading ‘School’ and Fake Exchange

June 22, 2025

Fake crypto school and exchange scammed a Florida man out of $860K through fake trade signals and phantom...

Young South Korean man trading cryptocurrency on a laptop in a small apartment

South Korean Youth Turn to Crypto Amid Economic Desperation

June 20, 2025

South Korea’s youth are embracing crypto not for belief in blockchain, but due to rising housing costs and...

AgriFORCE's Bitcoin mining site in Alberta powered by stranded natural gas

AgriFORCE Powers 120 Bitcoin Mining Rigs With Stranded Natural Gas in Alberta

June 19, 2025

AgriFORCE powers 120 Bitcoin miners with stranded gas in Alberta, eyes two more sites. It may keep 50%...

Press Releases

image2

Could XYZVerse Overtake DOGE and SHIB? Analysts Say $0.003333 Could Explode to $10!

March 30, 2025

XYZVerse aims to outpace DOGE and SHIB, with bold $10 price goals, strong community rewards, and rising demand as it...

image1 1

Massive Institutional BTC Buys Could Launch the Next Bull Market: 5 Altcoins to Watch

March 29, 2025

Institutional Bitcoin buys may trigger a market surge. Five altcoins, including $XYZ, stand to gain—early investors could see major ROI...

image1

XRP Faces Strong Resistance While XYZVerse Gains Early Investor Attention With 10 Billion $XYZ Airdrop

March 28, 2025

XRP struggles at resistance, while XYZVerse grabs early investor attention with a 10B token airdrop and rapid growth toward a...

BTC

Popular Memecoin MEW Pledges $10,000 to Pasadena Humane Organization to Aid Animals Affected by California Wildfires

January 20, 2025

MEW memecoin donates $10K to Pasadena Humane for wildfire-affected animals. Join the mission to aid pets and wildlife in crisis...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • News
    • Altcoins
    • Blockchain
    • Bitcoin
    • Ethereum
    • NFT
    • Regulation
    • WEB 3.0
  • Price Prediction
  • Learn
  • Events
  • Advertise