Poolin is one of the first mining pools to activate this feature for their clients, improving the privacy and security of miners on the network.
As a result, miners no longer have to wait the standard 100 block maturity time and instead can instantly access their mining rewards to a “z-address”.
The privacy protocol upgrade enables miners to protect themselves from data leakage and take advantage of all privacy and security features available for regular Zcash users.
Coinbase transactions are unique, and for the first time in the history of Zcash, they include the rewards for the mined block. Before the Heartwood update, miners were limited to claiming their mining rewards on a transparent address only.
Zcash developers share their excitement for this feature naming it an important milestone in the progress of the network’s privacy and anonymity features. They also expect an increase in demand for shielded addresses across the ecosystem.
Poolin is one of the first mining pools to incorporate the latest features, but considering the high level of competition in the mining pool industry, competitors are sure to follow.