During November 2022, both Zcash (ZEC) and Ergo (ERG) hit critical development milestones focused on infrastructure, interoperability, and network efficiency. While the two projects are separate, they shared a focus on enhancing decentralized finance (DeFi) capabilities and wallet accessibility during this period.
: The community expanded its outreach by adding new members to the Global Ambassador Program to organize in-person events.
: In late 2022, ZEC was noted for its independent momentum despite broader market volatility, with analysts highlighting its long-term potential due to low inflation and its Bitcoin-like halving mechanism . November 2022 Work Progress Report: ZEC and ERG...
: Ergo introduced Babel fees on November 28, allowing users to pay for transaction fees in native tokens other than ERG, which significantly increased network efficiency.
: On November 29, the Minotaur wallet team launched Ergo's first multi-signature wallet, enhancing security for DAO and team-managed funds. During November 2022, both Zcash (ZEC) and Ergo
Ergo achieved several "firsts" for its ecosystem in November 2022, primarily aimed at bridging with other blockchains and improving user experience.
: Discussions were held regarding reproducible build environments using StageX to eliminate supply-chain attacks on core software. Ergo (ERG) Progress Highlights : In late 2022, ZEC was noted for
: The Zcash Foundation Q3 2022 Report (published Nov 2022) revealed that the Zcash Community Grants (ZCG) committee approved $1.39 million in funding for 6 new grants targeting core infrastructure and wallets.