Hi everyone, Ian from ECC here to provide another update.
ECC recently got together for its planning week to discuss key objectives for the upcoming term. The team was able to develop a high-level strategy (both short and long term), and also reaffirm our immediate objectives regarding syncing issues with our wallet SDKs.
ECC’s No. 1 priority at the moment is updating the Zcash protocol and our wallet SDKs to help third-party providers fix wallet syncing issues. An increased on-chain transaction load has resulted in unacceptable sync times for many everyday users, and ecosystem partners are also affected. We are focused — across teams — on alleviating these issues as soon as possible, so Zcash users have an experience they expect and deserve. Our immediate objectives are centered on working with third-party wallets that are built on the ECC SDKs (Edge, Nighthawk and Unstoppable) to:
- Ensure users can spend their funds (funds that are already synced when they open their wallet)
- Ensure users can receive and spend new incoming funds at a rate of a month’s worth of transactions in one hour
- Implement updates which provide users clarity on syncing progress
- Ensure none of those wallets are impacted by frequent crashes or inconsistent behavior (such as failing to display some already synced transactions), nor do they require work-around behaviors due to the ECC SDK
We have also released zcashd 5.3.0. The main focus of 5.3.0 is to reduce concurrent memory utilization during scanning among other memory and performance related optimisations.
We will provide updates around our short- to long-term strategies in the coming weeks. We will also provide an update on future releases and wallet syncing methods we’re reviewing for our SDKs, when those are available.
Thanks again,
Ian