Cryptocurrency Q&A
How many coins are in Zcash?
How many coins are in Zcash?
KimchiQueen
Sat Jul 27 2024
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7 answers
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Could you please clarify for me the total number of coins currently in circulation for Zcash? Is there a fixed maximum supply, or does the number fluctuate based on certain factors? Understanding the total coin supply is important in evaluating the potential value and scarcity of Zcash in the cryptocurrency market.
7 answers
MysticChaser
Mon Jul 29 2024
The total supply of Zcash is capped at 21 million coins, mirroring Bitcoin's limit, which serves as a safeguard against the devaluation of the currency through inflation.
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DigitalWarrior
Mon Jul 29 2024
Zcash, a cryptocurrency, shares several key aspects of its tokenomics with Bitcoin, the pioneering digital asset.
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Paolo
Mon Jul 29 2024
Both cryptocurrencies are designed to be scarce, meaning that their supply is limited and not prone to inflationary pressures.
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Arianna
Mon Jul 29 2024
Zcash achieves this scarcity through a process known as mining, where specialized computers solve complex mathematical problems to verify transactions and earn new coins as a reward.
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GinsengBoostPowerBoost
Sun Jul 28 2024
This fixed supply, combined with the mining process, helps to maintain the value of Zcash and provides investors with a sense of security and stability.
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