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Milestone · Nov 18, 2020

Canopy upgrade and first halving

The block reward halves and a new development fund begins.

ZEC close on Nov 18, 2020
$63.17
Source: Binance ZEC/USDT daily close, 2020-11-18

The Canopy network upgrade activated in November 2020 together with Zcash's first halving, and replaced the founders' reward with a dev fund defined in ZIP 1014.

Zcash price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Binance ZEC/USDT daily closes 2019-03-21 to 2020-12-07; Coinbase Exchange ZEC/USD daily closes 2020-12-08 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

Part of Zcash in 2020 · full Zcash timeline · Zcash hub

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Facts written in our own words. Last checked Oct 14, 2026.