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Very interesting note. That doesn’t invalidate anything here (it is not for example a grounds for FUD in my opinion), but is interesting to note. Getting forked Bitcoin Private coins for holding BTC or Zclassic is pretty attractive even if it is just creating a competitive coin rather than a coin that is unique in every way. We have Zcash, Zclassic, and other competitors. Why not have both ZBitcoin and Bitcoin Private? The market (users and traders) can decide which one they favor or if they favor both after the new chain is live (assuming this all ends up being legit).

We present a guide to upcoming Bitcoin forks for 2018 and beyond. Zclassic holders and Bitcoin Holders will get Bitcoin Private. (supply BTC + supply ZCL). Zclassic ZCL price graph info 24 hours, 7 day, 1 month, 3 month, 6 month, 1 year. Prices denoted in BTC, USD, EUR, CNY, RUR, GBP. ZClassic (ZCL) even now is not a. Very very interesting analysis regarding #ZCL $ZCL and the upcoming fork. Wallet release and news updates coming out today. Zclassic is financial freedom. In a time when your life is under constant surveillance, Zclassic brings complete financial anonymity. Find the current ZClassic Bitcoin rate and access to our ZCL BTC converter, charts, historical data, news, and more.

December 30, 2017 by (ZCL) token gained about 200% in the past 24 hours to trade at $110 levels yesterday. The underlying bullishness can be understood from the price chart which indicates a gain of 5400% or $108 in December alone. The coin had a market cap of $39 million on Wednesday. By Friday evening, the market cap shot up to $204 million. So, we tried to find out the possible reason behind the stupendous rally. The ZClassic was created by forking Zcash block chain network.

ZCash, as readers may be well aware of, offers a high level of privacy for its users, compared to Bitcoin. While the market was happy with the privacy provided through masking technology, it was uncomfortable with founders taking 20% of the rewards for four years following the release.

The reward for founders represents nearly 10% of entire monetary supply. Further, the system is built such that it would be slow and difficult to mine the first 20,000 blocks. The crypto investors were concerned that it could lead to an artificial inflation in the price. That led to the creation of ZClassic coin. The new team, which took over ZClassic,Tweeted on December 13 that they will fork again to create an altcoin named Bitcoin Private (BCTP) and revitalize ZCL. I would like to propose revitalizing by migrating it to become a Bitcoin Hardfork, 'Bitcoin Private' (or possibly other name). New coinbase inputs would be airdropped onto the blockchain as a hardfork.

What do you think? Should we add 'Bitcoin Private' to the mix? — Rhett Creighton (@HeyRhett) The altcoin intended to be created is expected to work in the same manner as ZClassic. GameCredits GAME Mining Desktop Pc more. However, there will be no founders reward. That is a huge positive for the altcoin that is going to be created. Additionally, BTCP will have the same privacy technology as ZCL (zk-snarks). This means payments will be published on a public block chain, but the sender, recipient, and amount of a transaction will remain private.

More importantly, those who are holding ZCL at the time of forking will receive BCTP on a 1:1 ratio. That has triggered the rally. The forking of ZClassic block chain network will happen in mid or end January.