Zcash Undergoes First Halving as Major Upgrade Drops ‘Founders Reward’
Four years after forking from Bitcoin, privacy-centric blockchain network Zcash has completed its first halving and rolled out a major upgrade that does away with the unpopular “Founders Reward.”
At 12:37 UTC, Zcash passed block height 1,046,400 to trigger the event that cuts miners’ rewards from 6.25 ZEC to 3.125 ZEC.
Learn more about the news here. (https://www.coindesk.com/zcash-halving-network-upgrade)