What is the maximum supply of ZEC?
DianroanNov 23, 2021 · 3 years ago3 answers
Can you please provide information on the maximum supply of ZEC (Zcash)? How many ZEC coins will ever exist?
3 answers
- Nov 23, 2021 · 3 years agoThe maximum supply of ZEC (Zcash) is capped at 21 million coins, similar to Bitcoin. This limit ensures scarcity and helps maintain the value of the cryptocurrency. As of now, there are around 10 million ZEC coins in circulation, and the remaining coins will be gradually mined over time through a process called mining rewards.
- Nov 23, 2021 · 3 years agoZEC (Zcash) has a maximum supply of 21 million coins, just like Bitcoin. This limit is designed to prevent inflation and maintain the value of the cryptocurrency. Currently, there are approximately 10 million ZEC coins in circulation, and the remaining coins will be gradually released through mining rewards.
- Nov 23, 2021 · 3 years agoThe maximum supply of ZEC (Zcash) is set at 21 million coins, similar to Bitcoin. This ensures scarcity and helps protect the value of the cryptocurrency. As of now, there are around 10 million ZEC coins in circulation, and the remaining coins will be mined over time through a process called mining rewards. It's important to note that the supply of ZEC is finite, which can potentially drive up its value in the future.
Related Tags
Hot Questions
- 95
What is the future of blockchain technology?
- 77
How does cryptocurrency affect my tax return?
- 74
What are the advantages of using cryptocurrency for online transactions?
- 72
What are the best practices for reporting cryptocurrency on my taxes?
- 68
How can I protect my digital assets from hackers?
- 41
How can I buy Bitcoin with a credit card?
- 39
Are there any special tax rules for crypto investors?
- 37
What are the tax implications of using cryptocurrency?