Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Privacy Coins Forum => Zcash Forum => Topic started by: sneakyboi on November 18, 2020, 04:38:42 PM

Title: Zcash Undergoes First Halving as Major Upgrade Drops ‘Founders Reward’
Post by: sneakyboi on November 18, 2020, 04:38:42 PM

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)

Title: Re: Zcash Undergoes First Halving as Major Upgrade Drops ‘Founders Reward’
Post by: Alcor on November 19, 2020, 03:30:46 PM

The ZCash halving took place, however, over the past two days, this coin not only did not increase in value, but also fell slightly.  Until that time, ZCash had a price of about $ 65, and yesterday dropped to $ 61.7, and today it is $ 63.1.  Of course, it is still too early to expect a price halving effect, however investors are clearly not very interested in this coin.  Many states do not like the anonymity of ZCash and they try to restrict or even prohibit their circulation.  But such coins will always find their investor.