When Will All 21 Million ZClassic ZCL Be Mined Rating: 3,7/5 9465reviews

History [ ] Zclassic started as a fork of on November 5, 2016, eight days after Zcash's own release. At launch, the only differences between them was that Zclassic waived the 20% miners fee for its founders, and supply was not artificially limited at its creation (i.e. No 'slow start' for blocks).

Zclassic kept the same defining parameters of Zcash, such as the use of the -resistant equihash timestamping scheme, and a total supply of 21 million units. Zclassic has been developed in parallel with Zcash up to release 1.0.10-1. Forks [ ] Zencash [ ] Zencash is a fork of Zclassic that occurred on block 110,000 on May 23, 2017. Zencash introduced a communications layer to the protocol for private conversations and publishing. Bitcoin Private [ ] Bitcoin Private is a scheduled merge fork of and Zclassic. Holders of either Bitcoin or Zclassic will receive Bitcoin Private coins at a one-to-one ratio.

Bitcoin Private will retain Zclassic's Equihash algorithm, which was also borrowed from in the case of. References [ ].

What don't you understand about blockchain and supply and mining? ZCL will continue to exist, even if it isn't developed any further. The remaining supply will continue to be mined over the years. Bitcore BTX Mining Computer. This is literally blockchain 101. ZCL doesn't disappear after the fork.

OP is asking 'how does the rest of the ZCL supply come in to existence.' The answer is through mining, the exact same way the previous ZCL has come in to existence. The ignorance on display here is stunning. Again, literally blockchain 101 questions and answers. That question is no different than asking 'What happens to the remaining supply of BTC after the BCH fork?!'

When Will All 21 Million ZClassic ZCL Be Mined

WTF do you think happens? It continues to be mined. I'm truly stunned by the absence of basic understanding here.

This is toddler-level shit being asked. What don't you understand, and better yet, WHY don't you understand it? Because it's super basic.

Total eventual supply: 21,000,000 (21 million), as per. //zcl.suprnova.cc/ it will take days to mine a block What do you. Dec 4, 2017 - It also shares the same maximum amount of coins, 21 Million ZClassic can be mined. The main difference between ZClassic and Bitcoin is basically the possibility to send or receive money in a private way. This means that all of this transaction data is stored encrypted on the blockchain, only readable. There is a fixed supply of 21 million ZEC, just like Bitcoin. The block reward. You can create a fork, like ZClassic, which will create new crypto units (i.e. ZCL), but not additional ZEC. You could do the. In the next 24 hours 7200 coins will be mined and that 5.16% of the total market cap. (inc founders cut).

• • • • • • •. The question pertains to the specifics of how exactly ZCL gets to 21 million. There is no white paper defining this. Yes of course it is through mining but over how many years for example.

This information is important would you not agree? The ZCL whitepaper is literally the ZEC whitepaper. It's a copy paste of ZEC without the founders' fee. 'How exactly ZCL gets to 21 million.' You say 'of course it's through mining' but then say 'But how many years?'

You clearly don't understand the fundamentals here. There isn't some set amount of time it takes to mine the rest of a blockchain's supply.

That isn't how blockchain works. You can estimate when a blockchain's supply will near its maximum but there is no set date or something. Your confusion seems to stem from a lack of understanding of the basics. Not that this will answer your question (because your question doesn't even make sense), but there is the whitepaper for ZEC which is literally the exact same thing as ZCL. I don't know how else to explain this to you. You are very obviously uninformed on this topic. • • • • • • •.