Altcoins News

Story: Steven Smith Train of Thoughts on Prospecting Potential change to Zcash (ZEC) Economics

By Maheen Hernandez

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Steven Smith, VP of Engineering at Electric Coin Co expressed:  Zcash Shielded Assets (ZSAs - aka UDAs) are an interesting concept and have several potential applications in…

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One of our primary goals at ECC is to ensure that future network upgrades continue to meet our historic standards for safety and quality.

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If there’s any potential change to Zcash economics, we feel strongly that an economic analysis should be done as well, prior to deployment.

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We’re excited to be working with Dr. McCabe and CeeLab to assist with this study which runs from June through August of this year.

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We’re also working with our Scientific Advisory Group to help with this effort. Their collective experience spans multiple blockchains and they bring a wealth of experience and…

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Looking at current Zcash economics, they’re pretty straightforward and inherited largely from Bitcoin, but it’s good to review the basics when considering making any sort of…

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ZEC-holders make Zcash more resistant to capture by paying for core support functions (mining, engineering, security, innovation, marketing, regulatory and government relations,…

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We began ‘21 with ~ 10.5M ZEC in issuance. During the year, 1.3M ZEC will be issued representing an approximate 10.5% inflation rate.

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Given the cap, and since more ZEC will be in circulation each year, the inflation rate naturally decreases. For example, for the next three years inflation will be 11.1%, 10.

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Wondering what token economics are all about? Wikipedia defines a token economy as “a system of contingency management based on the systematic reinforcement of target behavior…

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Essentially where game theoretical economics meets game theory.  What type problems do we have to think about then, when adding additional assets to the Zcash blockchain?

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The Top Heavy problem is where the foreign asset becomes more valuable or is more valuable than the native asset.

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