Zcash Holders Reaffirm Block Time and Halving Schedule

Zcash holders have voted to maintain the current block time of 25 seconds and keep the scheduled halving for ZEC.

The decision was made through a vote on the protocol's governance system, where over 90% of participants supported keeping the status quo. This means that the block reward will continue to be reduced by half every 2 years, as originally planned.

The majority of stakeholders have opted for stability and consistency in the ZEC halving schedule, citing the need to maintain a balance between miner incentives and market demand. While some had suggested adjusting the block time or halving schedule, these proposals failed to gain significant traction among voters.