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cryptolover12
Sep 28, 2022 12:14 PM

Zcash ZEC - Privacy 2023/2024 Long

Zcash / BitcoinBinance

Description

Zcash is decentralized, credibly neutral, and, like Bitcoin, has a fixed supply of 21 million Zcash currency units (ZEC).

Every 75 seconds, a new block is mined to the Zcash blockchain and a block reward of 3.125 ZEC comes into circulation. The amount of the block reward cuts in half about every four years until all 21 million ZEC are in circulation.

Zcash inflation almost precisely mimics that of Bitcoin. It’s important to note that as new coins are created, inflation goes down, and at each halving, the rate drops significantly.
Comments
noam_chom
The current circulating supply is approx 15,300,000 coins, and the next Halving will occur in Nov 2024 where the inflation rate will drop from 8-10% to 4-5%

Zcash briefly traded in the Top 50 of all crypto assets, currently it is #54 with a non-fully diluted market cap of $880,000,000
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