Zcash max supply and inflation rate?
Quote from Alex Xela on May 3, 2019, 2:49 amAnother coin that I'm willing to know the max and total supply but coinmarketcap has no data. Also I can't find the announcement page for Zcash. So what is the max supply? Is it unlimited as well or just like Bitcoin?
Another coin that I'm willing to know the max and total supply but coinmarketcap has no data. Also I can't find the announcement page for Zcash. So what is the max supply? Is it unlimited as well or just like Bitcoin?
Quote from coinguides on May 3, 2019, 3:52 amYes, you are correct. The supply of Zcash is same as Bitcoin. It originated as a code fork of Bitcoin and kept all of its monetary supply properties. The total supply of Zcash is 21,000,000 ZEC and the block reward halving occurs every 4 years. While the overall coin supply and the block reward halving model is same as Bitcoin; the specifications of Zcash differs.
Block time is 2.5 Minutes
PoW algorithm: Equihash and
Reward per block is 12.5 ZEC
Moreover, 20% of the block reward for the first 850,000 blocks is allocated to the Zcash team & company (Electric Coin Company). Only the 80% goes to the miners. After 850,000 blocks or the first 4 years (from October 2020) the 100% of the block reward goes to the miners. So in total 10% of the overall Zcash supply is allocated to the Zcash team (founders reward).
Yes, you are correct. The supply of Zcash is same as Bitcoin. It originated as a code fork of Bitcoin and kept all of its monetary supply properties. The total supply of Zcash is 21,000,000 ZEC and the block reward halving occurs every 4 years. While the overall coin supply and the block reward halving model is same as Bitcoin; the specifications of Zcash differs.
Block time is 2.5 Minutes
PoW algorithm: Equihash and
Reward per block is 12.5 ZEC
Moreover, 20% of the block reward for the first 850,000 blocks is allocated to the Zcash team & company (Electric Coin Company). Only the 80% goes to the miners. After 850,000 blocks or the first 4 years (from October 2020) the 100% of the block reward goes to the miners. So in total 10% of the overall Zcash supply is allocated to the Zcash team (founders reward).
Quote from Kryptonight Master on May 3, 2019, 6:21 amQuote from Alex Xela on May 3, 2019, 2:49 amAnother coin that I'm willing to know the max and total supply but coinmarketcap has no data. Also I can't find the announcement page for Zcash. So what is the max supply? Is it unlimited as well or just like Bitcoin?
You can find more about it here on Zcash website.
Quote from Alex Xela on May 3, 2019, 2:49 amAnother coin that I'm willing to know the max and total supply but coinmarketcap has no data. Also I can't find the announcement page for Zcash. So what is the max supply? Is it unlimited as well or just like Bitcoin?
You can find more about it here on Zcash website.
Quote from Molbert2012 on May 27, 2019, 12:12 amZcash official website: https://z.cash/
Zcash official website: https://z.cash/