November 18, 2020 Zcash undergoes halving.

Privacy-focused cryptocurrency network Zcash has undergone its first halving, causing block rewards to fall from 6.25 ZEC to 3.125 ZEC. The update also includes the termination of founder’s rewards, which were paid to the founding team and associated entities as part of the protocol’s inflationary mechanism during the first four years following launch. Zcash originated as a fork of Bitcoin in 2016.