Zcash Names Sets a $10,000 Annual Fee for One-Character Names

Zcash Names set a $10,000 annual fee for one-character names, with reservations costing 0.005 ZEC and placing users in a registration queue. Public registration is scheduled for Oct. 30 or later if reserved users haven't registered yet. The fee structure aims to manage demand for premium one-character names on the Zcash network.