What is the total amount of ZEC coins?

The total amount of ZEC coins is 21 million, which are issued through block rewards, miner fees and founding team reward mechanisms. Its fixed total ensures value stability and hedges against inflation risks.

Total amount of ZEC coins

ZEC coin, also known as Zcash, is a privacy coin built on zero-knowledge proof technology , the total amount is 21 million.

ZEC coin issuance mechanism

The total amount of Zcash is fixed and is issued through the following mechanism:

• Block reward : Every time a block is mined, the miner will receive a certain number of ZEC coins as a reward. The initial block reward is 50 ZEC coins, which is halved every four years until the total limit is reached.
• Miner fee: When users send transactions, they can pay miner fees to speed up transaction confirmation. Mining fees will be charged by miners and included in their block rewards.
• Founding team reward: The Zcash team retains 10% of the total amount as a reward for project development and promotion.

The significance of ZEC coins

The fixed total amount of ZEC coins means that it will not experience inflation like legal currency, thus ensuring the stability of its value sex. This scarcity makes it a functional asset as a store of value and a hedge against inflation risk.

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