Learn Zcash

What are the economics of Zcash?

Just like Bitcoin, Zcash has a fixed supply of 21 million coins. Their inflation schedules are the same, too.

Zcash’s monetary base is the same as Bitcoin’s — 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 halvening the rate drops significantly. As of November 2020 (and through 2024) 20% of the Zcash block reward is distributed to a development fund.

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