Zooko Wilcox Joins Shielded Labs to Accelerate Zcash Upgrade

In a blog post on August 10, Zooko Wilcox, Zcash founder emphasized the need for an upgrade in the ZCash project. Wilcox spokes on this after eight years of proof-of-work (PoW) mining, which has exerted downward pressure on ZCash (ZEC) coin prices. The shift to a hybrid PoS system is expected to alleviate this pressure by reducing the rate of new coin creation.At press time, ZEC was... source: https://www.coingabbar.com/en/crypto-currency-news/zcash-upgrade-hybrid-pos