[ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax

[fintekneeks]

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.

Yeah, the entire cryptosphere is in a bubble right now, so everything is enjoying a high at the moment.  You're posting a sensible view that, unless there's enough demand, these could see lower values.  ZClassic hit above $10 recently, meaning it's now returned over 34 multiples from its low to high.

[adolf512]

In which ways is Zclassic differentiating itself from Zcash? Or does Zclassic just plan to be a litecoin(ish) clone?

Looking to possibly invest but need to see some innovation.

It's a clone, no change except removal of founders reward and slow start, considering that i would not buy now(might sell the 17 i mined). It will according ti devs split into two chains soon(zencash will be created), i personally dislike zencash but i would not be surorised if it did well when it comes ti marketcap.

Did not expect over 9$ already, i underestimated this shit.

[gunnaman2002]

In which ways is Zclassic differentiating itself from Zcash? Or does Zclassic just plan to be a litecoin(ish) clone?

Looking to possibly invest but need to see some innovation.

It's a clone, no change except removal of founders reward and slow start, considering that i would not buy now(might sell the 17 i mined). It will according ti devs split into two chains soon(zencash will be created), i personally dislike zencash but i would not be surorised if it did well when it comes ti marketcap.

Did not expect over 9$ already, i underestimated this shit.

I am fairly new to ZCL and I am wondering why you do not like Zencash? master node thing?

[adolf512]

I am fairly new to ZCL and I am wondering why you do not like Zencash? master node thing?

Yes i do have a problem with the masternode concept, it's a bad idea for many reasons. Also we have not seas much details about zen yet and it has been very confusing with contradicting information, i am not confident they will actually deliver anything noticeable.

[fittsy]

Zen will be big because it is new technology.

I don't want to spam the Zclassic thread but if you read a little bit about Zen you'll realize it is introducing something new.  New technology is always big in crypto.  Even if they make mistakes coins with new technology tend to be top 10-20 coins.

[herkuljee]

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.

Yeah, the entire cryptosphere is in a bubble right now, so everything is enjoying a high at the moment.  You're posting a sensible view that, unless there's enough demand, these could see lower values.  ZClassic hit above $10 recently, meaning it's now returned over 34 multiples from its low to high.

That's a nice return. Only very few catch the bottom, but for many investors these has been a nice ride so far. Can you count how much Market Cap multiply during that same span to recover my point of the emission?

[gunnaman2002]

ZCL name change idea: ZBits or BitCash

[UsuallyHappens]

Only 96 pages..... Equihash sure has users divided.... Probably because of the whole Founders fee from the Original which gave the Algorithm a bad rap....

[ccminer.net]

How to mine ZCLASSIC?
I don't want to pay a developer tax!
what miner I should use for my GPUs?

[fittsy]

How to mine ZCLASSIC?
I don't want to pay a developer tax!
what miner I should use for my GPUs?

Claymore Zcash miner or Optiminer Zcash miner.

[blackhawk101]

ZCL name change idea: ZBits or BitCash

ZASH

[Calangaman]

Just have to remember there's about 215 000 new ZEC/ZCL/ZEN every month and to maintain the current prices markets have to eat quite a lot of new coins. Monthly volume is no where near in those levels it could absorb current emission so I believe there's a big hoarding going on from miners. Market cap rises fast just because of the emission. If the prices spike more from now we could see a big correlation once miners stop hoarding and cash out against fat buy support. Which sounds very crypto-like.

Yeah, the entire cryptosphere is in a bubble right now, so everything is enjoying a high at the moment.  You're posting a sensible view that, unless there's enough demand, these could see lower values.  ZClassic hit above $10 recently, meaning it's now returned over 34 multiples from its low to high.

That's a nice return. Only very few catch the bottom, but for many investors these has been a nice ride so far. Can you count how much Market Cap multiply during that same span to recover my point of the emission?

I'm not sure that the current flow of money in the crypto world qualifies as a bubble.
There is a real need for alternative currencies around the world. In my view, it's just the beginning and big money is coming in.
It looks similar as Nasdaq in 1999. There are Googles and Boo.com in the jungle. People will gradually distinguish dogs from lions.

As for ZCL, we are all happy with the current valuation but I agree that it has probably risen too quickly. There are now less buyers and sellers seem to forget inflation. We will see if some profit taking happens in the coming weeks.

[ccccccc7]

ZCL name change idea: ZBits or BitCash

ZASH

2nd

[marketorder]

How many Zen will exist? Will it roughly be the same supply as Zclassic when Zen is released?

[krishna108]

wHY THE NOOBS ARE SELLING, zen WILL BE PRICED MINIMUM AT 50 DOLLARS!!! Good for us buyers, but i dont get it, maybe they dont know for ZEN yet??

[Calangaman]

There is a global sell off of alts, ZCL is no exception.

[RisitasIssou]

wHY THE NOOBS ARE SELLING, zen WILL BE PRICED MINIMUM AT 50 DOLLARS!!! Good for us buyers, but i dont get it, maybe they dont know for ZEN yet??

Because there is a whale that has been falled the price of Zclassic

[Calangaman]

There is currently a motorway large spread on ZCL at 38-41... Will the sellers hold ?

[fittsy]

BIG news.

The ZClassic / Zen split will occur at block 110,000. NOT on May 23rd.

https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/

This is to give more time for the developers. For example: it will give Bittrex time to test their support for the split.

This is good news! But it means we only have a week left to mine/purchase ZClassic to get our Zen in the split.  

If you're looking for a pool, check my sig

[rmtodd618]

I have 0 connections on my linux wallet. Can someone provide nodes to add?