ZCore Halving - What’s Changing?

Ace
ZCore
Published in
3 min readMay 29, 2020

Recently we’ve witnessed a major Halving event in the Cryptoworld — I’m talking about Bitcoin.
Now we will pass this event in our project!

https://zcore.network/

ZCore’s Halving is coming soon (block 394,200 — follow on the Official Explorer), this brings to mind other projects in the Cryptoworld that have already passed through this blockchain event and have obtained appreciation on the market. Why does this happen? Continue reading below for more information.

What’s the “Halving”?

The Halving is a financial adjustment that occurs on the blockchain of Cryptocurrency projects as they mature. The adjustment serves to progressively reduce the rewards for miners (PoS and Masternodes). With the resulting reduction of new coins entering circulation, the appreciation trend of the currency increases, pulled up by scarcity of assets.

The ZCore project is working full throttle on new products for the cryptomarket, we want to emphasize the ZCore Social media platform, the ZCorePay payment system and the ZCRT Token each as one of the foundations of these products. The ZCRT token is awarded on ZCore Social through many Airdrops and on ZCorePay it will be a cryptocurrency payment option.

Recognizing all of the work and effort, which can be seen by looking at ZCore’s website ZCore.network, ZCR is already showing itself as a scarce asset on the cryptomarket. The confidence shown by project users and investors is so strong that this asset has remained with only minor volatility compared to others assets of same class, and often has shown appreciation even in moments of turbulence in the cryptomarket.

Showing the project’s prosperity in a very real way, we are receiving many orders from buyers currently and have always kept clear that our project did not have an ICO or Premine, this means that not even the Team has a balance of coins (except for their personal investor portfolios bought after deployment of the blockchain), that is true decentralization and so we are expecting significant appreciation after Halving.

Currently the masternode projects indexer (MNO https://masternodes.online/currencies/ZCR/) shows in % the total quantity coins locked in Masternodes at (58.45%) against circulating supply. This shows us that the confidence given to the ZCore project is strong in the market and we are confident that the Halving will bring even better days to our project.

We need to keep in mind that today is a good time to look again at the ZCore project, it’s proposals, goals and releases. It will be bringing to you, as user and investor, further security to mount your ZCR portfolio and to better position yourself in this market. Take advantage of this pre-halving time to buy more ZCR coins, a nice surprise may come to you in the future!

Block reward distribution after Halving:

https://github.com/zcore-coin/zcore-2.0/wiki

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