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Zcash blockchain halts block production for over 4 hours, pausing transaction confirmations.

Market News
03 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

The Zcash blockchain stopped producing new blocks for more than four hours on June 3, 2026, halting all new transaction confirmations. The freeze began after block 3,364,601 was created at 5:27 a.m. UTC, an unusual event for a network that typically adds a block every 75 seconds. This interruption effectively paused the entire payment system on the Zcash network. Despite this, Zcash's native token ZEC has surged 8% in the past week and 46% in the last month. The network has not yet issued a public statement about the cause or resolution of the outage, highlighting the technical risks even established cryptocurrencies face.

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