Altcoins Halvings Countdown Timer

Bitcoin isn’t the only one with Halving?

That’s right – Bitcoin is not the only cryptoccurency to experience a Halving phenomenon. Most cryptocurrencies are variations of Bitcoin and have the same deflationary feature to the way they were built. 

Below are some of the cryptocurrencies that are alternatives to Bitcoin (hence, they are called Altcoins) that you can expect a Halving event to occur (or has occurred) in the year 2020.

Note: The exact dates are subject to change and updated weekly. Data is adapted from various sources.

ZCOIN (XZC)

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ZCoin was created on 28 September 2016 by Poramin Insom with the purpose of providing better privacy for its user. It uses the ZeroCoin protocol that used zero-knowledge proofs to preserve finance privacy. 

The average mining block time of ZCoin is 5 minutes. 

ZCoin halving occurs every 4 years. There have been no halvings that occurred yet. The current block reward is  25 XZC.

Next Halving Date & Reward: September 2020 and 12.25 XZC

ZCOIN (XZC)

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ZCoin was created on 28 September 2016 by Poramin Insom with the purpose of providing better privacy for its user. It uses the ZeroCoin protocol that used zero-knowledge proofs to preserve finance privacy. 

The average mining block time of ZCoin is 5 minutes. 

ZCoin halving occurs every 4 years. There have been no halvings that occurred yet. The current block reward is  25 XZC.

Next Halving Date & Reward: September 2020 and 12.25 XZC

ZCASH (ZEC)

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ZCash was launched on 28th October 2016 by Zooko Wilcox-O’Hearn. Similar to XZC, its purpose is to provide enhanced privacy for the users whereby Zero Knowledge proofs are used to allow transactions to be verified without sharing the details of the transaction amount, sender and receiver identifications. However, transaction details can be revealed for compliance or audit purposes. 

ZCash halving occurs every 4 years similar to Bitcoin and it’s current block reward is 12.5 ZEC. When the first halving occurs, it will also mean the removal of the Founders Reward.  The Founders Reward (FR) acts similarly to a halving whereby it subtracts 20% of the reward from each block and divides it among the ZCash’s founders, developers and investors. 

Next Halving Date & Reward: 19 November 2020 and 6.25 ZEC

ZCASH (ZEC)

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ZCash was launched on 28th October 2016 by Zooko Wilcox-O’Hearn. Similar to XZC, its purpose is to provide enhanced privacy for the users whereby Zero Knowledge proofs are used to allow transactions to be verified without sharing the details of the transaction amount, sender and receiver identifications. However, transaction details can be revealed for compliance or audit purposes. 

ZCash halving occurs every 4 years similar to Bitcoin and it’s current block reward is 12.5 ZEC. When the first halving occurs, it will also mean the removal of the Founders Reward.  The Founders Reward (FR) acts similarly to a halving whereby it subtracts 20% of the reward from each block and divides it among the ZCash’s founders, developers and investors. 

Next Halving Date & Reward: 19 November 2020 and 6.25 ZEC

ZELCASH (ZEL)

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ZelCash was launched in January 2018 by Miles Manley at only 16 years old. The cryptocurrency is used in the ZEL ecosystem whereby users who hold ZelCash can operate a ZelNode and receive a portion of the blockreward for operating it. ZelCash is used as a transaction currency in the ZEL Ecosystem.

ZelCash halving occurs every 2.5 years. Its current block reward is 112.5 ZEL

Next Halving Date & Reward: 3rd August 2020 and 56.25 ZEL

ZELCASH (ZEL)

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ZelCash was launched in January 2018 by Miles Manley at only 16 years old. The cryptocurrency is used in the ZEL ecosystem whereby users who hold ZelCash can operate a ZelNode and receive a portion of the blockreward for operating it. ZelCash is used as a transaction currency in the ZEL Ecosystem.

ZelCash halving occurs every 2.5 years. Its current block reward is 112.5 ZEL

Next Halving Date & Reward: 3rd August 2020 and 56.25 ZEL

ETHEREUM CLASSIC (ETC)

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Implemented on 11 December 2017, the current Ethereum Classic (ETC) monetary policy seeks the same goals as Bitcoin of being mechanical, algorithmic, and capped. ETC can be exchanged for network transaction fees or other assets, commodities, currencies, products, and services.

Ethereum Classic provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. The virtual machine’s instruction set is Turing-complete in contrast to others like Bitcoin Script. Gas, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

Halving Date & Reward: 3rd May 2020 and 3.2 ETC (20% less)

ETHEREUM CLASSIC (ETC)

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Implemented on 11 December 2017, the current Ethereum Classic (ETC) monetary policy seeks the same goals as Bitcoin of being mechanical, algorithmic, and capped. ETC can be exchanged for network transaction fees or other assets, commodities, currencies, products, and services.

Ethereum Classic provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. The virtual machine’s instruction set is Turing-complete in contrast to others like Bitcoin Script. Gas, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.

Halving Date & Reward: 3rd May 2020 and 3.2 ETC (20% less)

BITCOIN CASH (BCH)

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Bitcoin Cash (BCH) is a hard fork (a community-activated update to the protocol or code) of the original Bitcoin blockchain. The fork of Bitcoin took place on Aug. 1, 2017, with the purpose of updating the block size to 8MB. On Nov. 16, 2018, BCH was hard forked for a second time and split into Bitcoin SV (Satoshi’s Vision) and Bitcoin ABC. Bitcoin ABC became the dominant chain and took over the BCH ticker, as it had more hash power and the majority of nodes in the network.

Bitcoin Cash had its most recent halving on April 8, 2020, when its block reward was reduced to 6.25, instead of 12.5.

Halving Date & Reward: 8th April 2020 and 6.25 BCH

BITCOIN CASH (BCH)

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Bitcoin Cash (BCH) is a hard fork (a community-activated update to the protocol or code) of the original Bitcoin blockchain. The fork of Bitcoin took place on Aug. 1, 2017, with the purpose of updating the block size to 8MB. On Nov. 16, 2018, BCH was hard forked for a second time and split into Bitcoin SV (Satoshi’s Vision) and Bitcoin ABC. Bitcoin ABC became the dominant chain and took over the BCH ticker, as it had more hash power and the majority of nodes in the network.

Bitcoin Cash had its most recent halving on April 8, 2020, when its block reward was reduced to 6.25, instead of 12.5.

Halving Date & Reward: 8th April 2020 and 6.25 BCH

BITCOIN SATOSHI’S VISION (BSV)

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Bitcoin SV (Satoshi’s Vision) stems from a hard fork that split Bitcoin Cash into two different digital currencies on 15th November 2018. The hard fork resulted in a hash war that determined how the chains would be split, resulting in Bitcoin SV and Bitcoin ABC. Bitcoin ABC became the dominant chain and took over the BCH ticker, while Bitcoin SV has its own ticker. According to their website, the Bitcoin SV project is primarily backed by Coin Geek Mining with development work by nChain.

Bitcoin SV claims a strict adherence to Satoshi Nakamoto’s vision for the original Bitcoin, with the original Bitcoin white paper serving as a core document for the project.

A Bitcoin SV halving is when mining rewards per block will be reduced by 50%. The first Bitcoin SV halving occurred on April 10, 2020, when the block rewards per block mined were reduced from 12.5 to 6.25 Bitcoin SV.

Halving Date & Reward: 10th April 2020 and 6.25 BSV

BITCOIN SATOSHI'S VISION (BSV)

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Bitcoin SV (Satoshi’s Vision) stems from a hard fork that split Bitcoin Cash into two different digital currencies on 15th November 2018. The hard fork resulted in a hash war that determined how the chains would be split, resulting in Bitcoin SV and Bitcoin ABC. Bitcoin ABC became the dominant chain and took over the BCH ticker, while Bitcoin SV has its own ticker. According to their website, the Bitcoin SV project is primarily backed by Coin Geek Mining with development work by nChain.

Bitcoin SV claims a strict adherence to Satoshi Nakamoto’s vision for the original Bitcoin, with the original Bitcoin white paper serving as a core document for the project.

A Bitcoin SV halving is when mining rewards per block will be reduced by 50%. The first Bitcoin SV halving occurred on April 10, 2020, when the block rewards per block mined were reduced from 12.5 to 6.25 Bitcoin SV.

Halving Date & Reward: 10th April 2020 and 6.25 BSV

DASH (DASH)

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Dash is an open source cryptocurrency. It is an altcoin that was forked from the Bitcoin protocol. It is also a decentralized autonomous organization run by a subset of its users, which are called “master nodes”. The currency permits transactions that can be untraceable

The currency was launched in January 2014 as “Xcoin” by Evan Duffield, as a fork of the Bitcoin protocol. It is an altcoin and in its early days it was subject to pump and dump speculation. It was rebranded as Darkcoin, which received press for being used in dark net markets.[6] In March 2015, it rebranded again with the name Dash as a portmanteau of ‘digital cash’. As of August 2016, Dash is no longer used in any major dark net markets worth noting.

Halving Date & Reward: 27th April 2020 and 3.34 DASH

DASH (DASH)

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Dash is an open source cryptocurrency. It is an altcoin that was forked from the Bitcoin protocol. It is also a decentralized autonomous organization run by a subset of its users, which are called “master nodes”. The currency permits transactions that can be untraceable

The currency was launched in January 2014 as “Xcoin” by Evan Duffield, as a fork of the Bitcoin protocol. It is an altcoin and in its early days it was subject to pump and dump speculation. It was rebranded as Darkcoin, which received press for being used in dark net markets.[6] In March 2015, it rebranded again with the name Dash as a portmanteau of ‘digital cash’. As of August 2016, Dash is no longer used in any major dark net markets worth noting.

Halving Date & Reward: 27th April 2020 and 3.34 DASH

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