# NU7 Coinholder Vote

**URL:** <https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912>\
**Category:** General\
**Created:** [August 5, 2026, 10:33pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912 "2026-08-05T22:33:49Z")\
**Posts on this page:** 14\
**Page:** 3

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**Author:** ![ebfull](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/ebfull/32/34_2.png) [@ebfull](https://forum.zcashcommunity.com/u/ebfull)\
**Post date:** [September 14, 2026, 10:58pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/42 "2026-09-14T22:58:05Z")

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The results are in! The participation was well over the 1,000,000 ZEC threshold.

**NSM Issuance Smoothing (Q1)**

- _Smooth issuance curve._ 22,384.875 ZEC
- _ **Preserve halvings.** _ 2,375,932.375 ZEC
- _Do not include issuance smoothing in NU7._ 4,147.625 ZEC
- _Abstain._ 1,072.125 ZEC

**NSM Reissuance Start Date (Q2)**

- _As soon as possible._ 70,239.625 ZEC
- _February 2027, regardless of the outcome of Q1._ 6,283.000 ZEC
- _ **February 2031, regardless of the outcome of Q1.** _ 2,319,643.750 ZEC
- _Abstain._ 4,985.625 ZEC

**Sprout Deprecation (Q3)**

- _ **Immediately at NU7 activation.** _ 2,333,854.625 ZEC
- _One year after this poll concludes._ 13,787.000 ZEC
- _Do not set a date to disable v4 transactions._ 49,820.875 ZEC
- _Abstain._ 1,683.750 ZEC

**Faster Block Times (Q4)**

- _ **Yes.** _ 2,397,669.375 ZEC
- _No._ 141.625 ZEC
- _Abstain._ 1,652.250 ZEC

**NU7 Scope and Readiness (Q5)**

- _ **Ship NU7 as soon as possible, removing any feature that is not implemented by the September 30th deadline.** _ 2,382,601.500 ZEC
- _Delay NU7 until every applicable feature approved in this poll is deemed complete._ 12,707.500 ZEC
- _I do not support this NU7 plan._ 4.000 ZEC
- _Abstain._ 4,161.375 ZEC

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<div class="post-metadata">

**Author:** ![strahncryptography](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/strahncryptography/32/46464_2.png) [@strahncryptography](https://forum.zcashcommunity.com/u/strahncryptography)\
**Post date:** [September 15, 2026, 12:32am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/43 "2026-09-15T00:32:22Z")

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I find it… weird that 2.3M ZEC voted on every issue roughly the same way?

Wait, is it possible that founder reward ZEC was used to vote? Just a random doubt.

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**Author:** ![palmar](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/palmar/32/44900_2.png) [@palmar](https://forum.zcashcommunity.com/u/palmar)\
**Post date:** [September 15, 2026, 12:34am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/44 "2026-09-15T00:34:50Z")

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It seems you aren’t in the whale signal group…

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<div class="post-metadata">

**Author:** ![strahncryptography](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/strahncryptography/32/46464_2.png) [@strahncryptography](https://forum.zcashcommunity.com/u/strahncryptography)\
**Post date:** [September 15, 2026, 12:35am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/45 "2026-09-15T00:35:25Z")

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Bruh. Seriously. Further, is it possible that exchanges or massive institutional blocs may be voting the same way?

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<div class="post-metadata">

**Author:** ![palmar](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/palmar/32/44900_2.png) [@palmar](https://forum.zcashcommunity.com/u/palmar)\
**Post date:** [September 15, 2026, 12:48am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/46 "2026-09-15T00:48:16Z")

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It seems to me that exchanges hold almost all their ZEC in transparent form. And companies like Cypherpunk stated they wouldn’t use their ZEC to vote, given that their custodians weren’t ready yet.

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<div class="post-metadata">

**Author:** ![strahncryptography](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/strahncryptography/32/46464_2.png) [@strahncryptography](https://forum.zcashcommunity.com/u/strahncryptography)\
**Post date:** [September 15, 2026, 12:51am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/47 "2026-09-15T00:51:38Z")

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My primary concern is that the transparent ZEC can be held as 1:1 collateral against shielded ZEC via private off-chain legally binding contracts to gain voting power of the transparent ZEC without actually swapping it. You’re renting someone’s ZEC to “buy” their vote essentially.

I expect that shielded ZEC holding/rental protocols or businesses in the future will almost definitely do it, if it isn’t already being done now.

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<div class="post-metadata">

**Author:** ![Siegfried](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/siegfried/32/43513_2.png) [@Siegfried](https://forum.zcashcommunity.com/u/Siegfried)\
**Post date:** [September 15, 2026, 10:33am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/48 "2026-09-15T10:33:27Z")

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I had an agent quickly calculate the percentages and create a svg to illustrate them. Maybe this is useful for others. Personally, I am happy with the results.

 ![zcash_nu7_poll_percentages](https://global.discourse-cdn.com/zcash/original/3X/b/f/bf0ed8b2c1decdafe4d30ffe4450a13d437fd5bd.png)

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<div class="post-metadata">

**Author:** ![strahncryptography](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/strahncryptography/32/46464_2.png) [@strahncryptography](https://forum.zcashcommunity.com/u/strahncryptography)\
**Post date:** [September 15, 2026, 11:06am UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/49 "2026-09-15T11:06:22Z")

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why does it look like the average Soviet general secretary election in the Politburo 😭  
(this is poking fun I’m not serious please do not overanalyse this comment I just like Soviet jokes message me if you want to hear a Soviet joke)

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<div class="post-metadata">

**Author:** ![Siegfried](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/siegfried/32/43513_2.png) [@Siegfried](https://forum.zcashcommunity.com/u/Siegfried)\
**Post date:** [September 15, 2026, 12:12pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/50 "2026-09-15T12:12:30Z")

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Perhaps it looks more like _shareholder democracy_.

> In the Russell 3000, for example, average support level [for board-endorsed candidates in director elections] went from 98.2 percent of votes cast in 2017 [[17]](https://corpgov.law.harvard.edu/2022/11/05/shareholder-voting-trends-2018-2022/#17) to 95.1 percent in 2020 and 94.1 percent in 2022.

[Source](https://corpgov.law.harvard.edu/2022/11/05/shareholder-voting-trends-2018-2022/)

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<div class="post-metadata">

**Author:** ![jenkin](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/jenkin/32/48434_2.png) [@jenkin](https://forum.zcashcommunity.com/u/jenkin)\
**Post date:** [September 15, 2026, 12:22pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/51 "2026-09-15T12:22:22Z")

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Can you open source a skill? 😂

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<div class="post-metadata">

**Author:** ![strahncryptography](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/strahncryptography/32/46464_2.png) [@strahncryptography](https://forum.zcashcommunity.com/u/strahncryptography)\
**Post date:** [September 15, 2026, 12:30pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/52 "2026-09-15T12:30:19Z")

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> In North Korea, for example, average support level [for Politburo-endorsed candidates in Supreme Leader elections] went from 100.0 percent of votes cast in 2019 to 99.93 percent in 2026.

Behold, democracy!

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<div class="post-metadata">

**Author:** ![Siegfried](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/siegfried/32/43513_2.png) [@Siegfried](https://forum.zcashcommunity.com/u/Siegfried)\
**Post date:** [September 15, 2026, 12:41pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/53 "2026-09-15T12:41:25Z")

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I didn’t choose the name [shareholder democracy](https://en.wikipedia.org/wiki/Shareholder_democracy), but that’s what it’s called. And I agree, it’s very different from a system where a red and a blue party each get ~50% of the vote.

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<div class="post-metadata">

**Author:** ![ambimorph](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/ambimorph/32/26890_2.png) [@ambimorph](https://forum.zcashcommunity.com/u/ambimorph)\
**Post date:** [September 15, 2026, 4:53pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/54 "2026-09-15T16:53:21Z")

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If you subtract 2.3 mm from the winning votes the results are the same in three cases and change only for reissuance start date (would be immediately) and Sprout deprecation (no date).

It is also interesting to compare with ZCAP results which differ in questions 1 and 2.

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<div class="post-metadata">

**Author:** ![conradoplg](https://sea2.discourse-cdn.com/zcash/user_avatar/forum.zcashcommunity.com/conradoplg/32/42878_2.png) [@conradoplg](https://forum.zcashcommunity.com/u/conradoplg)\
**Post date:** [September 15, 2026, 9:56pm UTC](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912/55 "2026-09-15T21:56:30Z")

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That’s a “feature” of coinholder voting, a handful of whales control the result

[Previous page](https://forum.zcashcommunity.com/t/nu7-coinholder-vote/56912.md?page=2)
