Zclassic current market price is $0.0787 with a 24 hour trading volume of $12. The total available supply of Zclassic is 11.46M ZCL. It has secured Rank 4096 in the cryptocurrency market with a marketcap of $728.25K. The ZCL price is 0.57% up in the last one hour.
The high price of the Zclassic is $0.0793 and low price is $0.0762 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
4096
$0.0787
$728.25K 3.42%
$898.85K
$12
9.29M ZCL
11.46M ZCL
(Not Available)
$0.0793
$0.0762
$230.95 99.97%
07 Jan 2018
$0.0225 247.81%
20 Sep 2022
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0.57%
3.13%
1.26%
3.18%
2.25%
25.28%
22.55%
51.62%
No historical data available for .
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. 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. This gives people the option to mine a blockchain using the same technology of Zcash, but without paying the 20% Founder’s Reward.The mission of Zclassic is to stay as similar to Zcash from a technology perspective, but to never take any pre-mine, founder’s-reward or any other kind of fee that goes to a small group of individuals with special permissions whether elected, appointed, or otherwise.
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