The total number of ZEC coins issued is 21 million. The total amount is issued in multiple phases and is halved every 4 years until reaching a cap after 120 years. Through this mechanism, the scarcity of ZEC coins is maintained and inflation is prevented, ensuring its stability as a store of value.
Total amount of ZEC coins issued
Core information:
ZEC coins The maximum total issuance amount is 21 million.
Details:
Launched in 2016, ZEC Coin is a privacy coin designed to provide enhanced anonymity for transactions. Similar to Bitcoin, the total amount of ZEC coins issued is limited to prevent inflation and maintain its value.
ZEC currency uses a difficulty adjustment algorithm, and the total issuance is halved every 4 years. 2.1 million ZEC coins will be issued each year for the first 4 years, then halved to 1.05 million ZEC coins over the subsequent 4 years, and so on.
Through this halving mechanism, the total supply of ZEC coins will gradually decrease and is expected to reach the maximum total issuance of 21 million coins in 120 years. At that time, all ZEC coins will be mined and no new ZEC coins will be created.
This limited issuance amount helps maintain the scarcity and value of ZEC coins. It also protects against inflation, ensuring ZEC Coin serves as a long-term store of value.
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