Presentation and definition of the crypto-currency Zclassic (ZCL)

Presentation and definition of the crypto-currency Zclassic (ZCL)

  • Name of the crypto-currency : Zclassic
  • Acronym : ZCL
  • Where to buy Zclassic ? Binance
  • Creation Date : November 2016
  • No white paper
  • Web Site Zclassic

The concept of Zclassic

“At a time where we are constantly under surveillance, Zclassic provides a complete anonymity financial. Here is the promise of Zclassic : to provide its users a financial freedom, without censorship and without the intervention of a central body. Zclassic offers of financial transactions, completely decentralized.

A fork of Zcash

The network Zclassic is born from a fork of Zcash, when the latter decided to put in place a 20% tax on the mining. Many members of the community are outraged, believing this practice to be contrary to the spirit of bitcoin and crypto-currency in general. One of the developers of Zclassic has therefore decided to follow a different path by removing the 20% tax levied on the rewards of the miners and creating Zclassic. Indeed, the users of Zclassic believe that minors deserve their reward, and that they must receive all of their rewards. Thus, Zclassic presents the same features as Zcash, without the tax.

The slow start

Zcash has been launched thanks to a slow start : that is to say, the number of tokens in circulation has been reduced artificially to cause an increase in its price. The new version Zclassic cancelled, in addition to the fee, this slow start.

A free management

When Zcash is managed by an american company, Zclassic, on the other hand, is at the disposal of its community, such as Bitcoin.