Zclassic
ZCLPrice chart
🔔 Get an alert when ZCL moves
Free account — the alert reaches you in Telegram or as a browser push.
🎁 7 days of Pro free for connecting Telegram and subscribing to our channel — no card required
Overview
Pattern analysis (Free account)
Candlestick pattern recognition is included with any account, Free too. Create a free account
Sign in (free) to see the large-trades tape and, on BTC/ETH, options analytics. Create a free account
About Zclassic
Zclassic (ZCL) is ranked #1707 by market capitalisation, at $5.1M. Circulating supply: 10.34M ZCL, out of a maximum supply of 11.46M. The price is 99.8% below its all-time high of $230.95, set on January 6, 2018. Categories: Smart Contract Platform, Privacy Coins, Layer 1 (L1), Proof of Work (PoW).
Zclassic is a fork of Zcash founded by Rhett Creighton but with the 20% founders’ reward and slow start removed. Miners are simply earning their fair reward, we believe they deserve it, and the coin development can be supported by the community. ZCL also differs from ZEC by removing the slow start (source), we are not trying to deliberately engineer scarcity: The Market decides the price.
Read more
We are using the same parameters which were produced in the now famous secure "trusted setup meeting" (source) where Peter Todd participated, and he confirmed to us (source) they are safe to use. If just one of the participants kept their key secret and destroyed it, the whole system is secure. Zcash is a cryptocurrency run by the Zero Coin Inc.
In order to fund their operations, a 20% mining “Founder’s Reward” is included. Every block, in order to maintain consensus, miners running the Zcash code send 20% of their newly mined rewards to an address controlled by the Zero Coin Inc. Because the Zcash source code is open source, Zclassic simply removes the 20% Founder’s Reward.
Project description: CoinGecko (in English).