Midnight Ledger 9 Hard Fork Brings Private Asset and Stablecoin Transfers
The hard fork moves Midnight's mainnet from Ledger 8 to Ledger 9.1.0.1, adding privacy-focused transfers, a rebuilt proving stack and ECDSA signatures.
Privacy coin news: shielded transactions, zero-knowledge upgrades and network forks from Zcash, Midnight, Horizen, Canton and other privacy projects.
The hard fork moves Midnight's mainnet from Ledger 8 to Ledger 9.1.0.1, adding privacy-focused transfers, a rebuilt proving stack and ECDSA signatures.
Bridging closed on November 4 and Base's Denim upgrade ended L3 transaction support on November 5, completing the ZEN migration to Base. A DAO recovery of leftover ZEN and ETH is planned for the second half of November.
Zcash Community Grants wants to shrink its own treasury and send the coins to the Network Sustainability Mechanism, but industry figures say the committee first needs to answer to ZEC holders.
The service mints tokenized versions of DTC-custodied stocks, ETFs and U.S. Treasuries, running on the Canton Network and DTCC's private Besu network.
Daily transactions on the privacy blockchain reached 47,714 on October 26, up from 128 a month earlier, after a September update enabled permissionless smart contract deployment.
Zcash activated NU7 at block 3,543,405 on November 5, cutting block times from 75 to 25 seconds and disabling legacy version 4 transactions. Daily ZEC issuance is unchanged.