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

[SixFigures]

WELL, you can't prevent people from making stupid decisions, it's an open market with lots of noobs, but let's just hope their misfortune made them the wiser, otherwise WHAT A WASTE!

people need to learn how to learn from their experience and do their own research, instead of acting like lemmings

I know that all those are valid points to also believe that there might be something going on here in a positive way but I really disliked the way all the fork stuff went and how many people have been burned financially.

The final results are in, with 678 votes:

38% Hexx (HXX)

12% PrimeCoin (XPM)

50% Zclassic (ZCL)

https://twitter.com/crypto_junky_86/status/1004253927930519553


The fact that the Zclassic Community was able to bounce back and fend for itself after BTCP developers left it, and we have been through the worst of trials yet look where we are.. i think this is a testament to how Robust and Steadfast the Zclassic Blockchain Network and our Human Community have become despite these challenges.


Here are significant documents for you to consider:

 1.) Last BTCP document regarding the transition, outlining the process for Zclassic continuity: https://medium.com/@ZclassicCoin/the-future-of-zclassic-c2b3206c1233

 2.) ZclassicCE has supported Zclassic since the above announcement from BTCP team, further support & development is outlined here: az.cl/ZclassicDevPlan

 3.) on behalf of Zclassic Community, ZclassicCE has submitted its proposal to take over official Zclassic development here: az.cl/ZCLProposal


these are our Links:
(website)http://Zclassic-CE.org

• DISCORD.gg/45NNrMJ
• GITHUB.com/ZclassicDev
• TWITTER.com/ZclassicDev
• FB.com/ZclassicCE (Facebook)
• T.me/ZclassicCE (Telegram)
• REDDIT.com/r/ZClassic

please vote for ZCL and show everyone why Zclassic Community is the BEST! https://twitter.com/crypto_junky_86/status/1004253927930519553

Do you really think that this is the best community? It has been hit so hard by the fork and I don't know whether it can ever fully recover. Doubt it to be honest.

It's probably human nature that you have the majority of people behave like lemmings. And even if someone becomes better and leaves the lemming boat, there will be new lemmings streaming in at a fast pace.

I think this coin deserves at least ratio 1:10 to Zcash, similiar to ETH/ETC.
Zcash will have plenty of dev workers for the first 4 years with the mining tax, after that its hard to say.  Their situation won't be much different than zcl's currently..

You come up with this ratio, but be honest, why? What's the fundamentals that lead you to believe 1/10 is the right ratio?

[Andrey09]

Are you ready for ZCL partners anounce?

ZCL and ANON new partnership on June 26th

1) Real use case payments with $zcl & #ANON
2) Partner has more than 52K member on his Telegram and has more than 23K twitter followers

[Melody Jelly]

If this fork is successful - nobody can predict where the moon is, this could potentially be game changing for crypto.

[cod3gen]

Zclassic is available for Mining



Only .8% Fees when mining on Powermining.pw
European Based, with stable connection and DDoS protection.
Payouts every 3 hours for balances above 0.01

High-performing units like Z9 or A9 is recommended. High difficulty by default.

Connection info:

Code:

URL: stratum+tcp://pool.powermining.pw:2144
Worker: YOUR ZCLASSIC WALLET ADDRESS
Password: Any password to identify your worker

Example Config:



Tips:
- If you need separate workers to identify, you can add for example <Z9-1> to password field which will show up on pool frontend when searching for your wallet.

For Support and Updates Join us on Discord!
https://discord.gg/epFf8bF

[Andrey09]

Vic and his team ZCL make awesome work, are you remember some news from ZCL when BTCP was owner? I'm very interested who will new partner with huge potential, as Vic said.

[TheMiningPool.mine]

Hi all!

We are building a new and amazing multipool for most important coins and altcoins. We still working on the frontend and adding coins.

ZCLASSIC [ZCL] HAS BEEN ADDED TO OUR POOL!
Fully optimized for new AntMiners Z9 mini!

theminingpool.online

Need some testing at our stratum servers to check pool efficience and stratum servers stability.

will be glad if some of you can throw some hash at our pool for testing.
ALL FEES ARE SET TO 0%
ALL PAYMENTS WORKING!



FOR ZCLASSIC [ZCL]

--scrypt -o stratum+tcp://theminingpool.online:6013 -u  YOURWALLETADDRESS -p ANYPASSWORD

Thanks so much for your help

HappyMinning!

Regards,
TheMiningPool

[fittsy]

Dead project? 

Only recent posts seem to be pool spam.  What happened to the Twitter post asking about taking over the project?

Saw this reddit post about possible ZClassic proposals...

https://www.reddit.com/r/ZClassic/comments/8u6hj9/gathering_community_feedback_for_zcl_proposals/

[gembitz]

Dead project? 

Only recent posts seem to be pool spam.  What happened to the Twitter post asking about taking over the project?

Saw this reddit post about possible ZClassic proposals...

https://www.reddit.com/r/ZClassic/comments/8u6hj9/gathering_community_feedback_for_zcl_proposals/

lol rhett still tweets! =)

[GröBkAz]

I was just trying to mine zcl into suprnova.cc, but I was wondering if there were other more profitable pools.

[gembitz]

I was just trying to mine zcl into suprnova.cc, but I was wondering if there were other more profitable pools.

soup is likely developer behind this coin lol haha

[vortexz]

What will BTCA do about the ASIC threat and will they help to improve Zclassic's ASIC resistance before the fork happens?

[MWallet_team]

So will ZCL be moved to 144_5 algo?

[AZDIN]

Zclassic is a fork of Zcash 1.0.1 with minimal changes except for 2 major things.

1. 20% Founders Reward is removed.
2. Slow start is removed (blocks start at 12.5 ZCL rewards per block).

Parameters:

PoW: Equihash
Halving rate: Every 4 years (same as Zcash and bitcoin).
Starting Block Reward: 12.5 coins every 2.5 minutes (Same as Zcash.  50 coins per 10 minutes, like Bitcoin).
Total eventual supply: 21,000,000 (21 million), as per Bitcoin (Unchanged from Zcash)
Difficulty adjustment algorithm: Digishield V3 (Unchanged from Zcash)
Difficulty adjusts each block (Unchanged from Zcash)
Symbol: ZCL (pronounced "ZICKLE" like "NICKEL")

Trusted Parameters
Zcash (and Zclassic) relies on trust that a private key was destroyed.  If anyone poseses the private key, that person can mint unlimited coins for himself/herself.  Zcash designed a ceremony where 6 individuals each created a shard of a private key and destroyed it.  As long as all 6 individuals did not conspire and collude to share their shards, the private key is destroyed.  Here are mre details about the ceremony.
https://z.cash/blog/the-design-of-the-ceremony.html

Zclassic uses the exact same trusted parameters Zcash uses.  This is also what Peter Todd suggests:
https://www.reddit.com/r/ZClassic/comments/5bbpmr/we_should_invite_petertodd_to_our_trusted_setup/

Block explorer:
https://classic.zcha.in/
https://zclassic.31337.eu/insight/
https://cronicc.github.io/

Website:
http://zclassic.org

CoinMarketcap
http://coinmarketcap.com/currencies/zclassic/

WhatToMine
http://www.whattomine.com/coins/167-zcl-equihash

Source Code:
https://github.com/z-classic/zclassic

Reddit:
https://www.reddit.com/r/ZClassic/

Slack Invite (over 300 members):
http://zclassic.herokuapp.com/

Freenode IRC:
#zclassiccoin

Pools:
https://pool.mn/zclassic
https://www2.coinmine.pl/zcl
https://pool.cryptobanx.io/zcl/
https://zcl.suprnova.cc/
https://zclassic.miningpoolhub.com/

Exchanges:
https://www.cryptopia.co.nz/Exchange/?market=ZCL_BTC
https://c-cex.com/?p=zcl-btc
https://www.tradesatoshi.com/Exchange?market=ZCL_BTC
https://bittrex.com/Market/Index?MarketName=BTC-ZCL

Twitter Social Proof:
https://twitter.com/SatoshiLite/status/796058283312189440
https://twitter.com/zooko/status/795002870651322370

Medium:
https://decentralize.today/zcash-miners-stop-paying-20-genius-tax-486d9f40884f
https://decentralize.today/five-reasons-zcash-is-the-most-corporate-cryptocoin-youve-ever-seen-a77ac430b0e8

Announcements
[Pre Ann] https://bitcointalk.org/index.php?topic=1671125.msg16781376#msg16781376
https://twitter.com/HeyRhett/status/794773732933799936
https://twitter.com/HeyRhett/status/794799248759885825

Todo:
Windows Wallet
IOS / Android Wallet

Note from developer:
I started this work on my own, writing Medium articles and reaching out to people on Twitter because I believe the ZK-SNARK technology in Zcash is the future of money, but I couldn't stomach the idea of it being taxed 20% by a small group of people.

To be honest, I never made an altcoin before.  I spent a week on my own obsessing over the Zcash code to see what could be done.  Soon after the Zcash launch, I submitted a pull-request to remove the Founder's Reward, which was quickly closed:
https://github.com/zcash/zcash/pull/1714

When I found out SuprnovaPools had 51%+ mining power of Zcash, I reached out to them to use my fork:
https://twitter.com/HeyRhett/status/792787816329515009

After failing at those two approaches, on Halloween, I announced, "I'm forking Zcash with no 20% Founders Reward.  Ping me to help.  There won't be any reward for helping."
https://twitter.com/HeyRhett/status/793201219393105921

I offer my sincere apology to the community for people who feel they may have missed the announcement because there wasn't enough advance notice.  I was reaching out to people, but I did not have the large exposure of a foundation with investors.

Now that the coin is live, most of what you see above is work done by the community.  This coin is almost 4 days old, and I'm amazed at what we've done so far.

est ce qu'il y a des nouvelles?

[abonarea]

Actually like this projects are which shows more quick changes in their prices as large majority afraid to touch at lower prices and certain groups keep on buying and then with little efforts can double the investment. Small investors always join when market is climbing stairs to get piece of pie and then become pie for accumulators. This has to stay here for many rounds of pumps & dumps.

[Shayesmiles]

Is Zclassic still an worthy coin to invest in? It went on a hell of a run a couple months back, but i'm not aware if the developers are actively pursuing the adoption of this cryptocurrency.   

[pumz]

Don't ask for financial advises in this space specially. Everyone will tell you based on personal experience or interest which can not suitable for you @Shayesmiles. After reading your text it is clear that you are not new to ZClassic and know sufficient to be able to decide for yourself. Do more research calculating risks and benefits and then decide.

[nick1492]

I do believe Zclassic is still a great coin to invest too. The coin is just sleeping along with other coins because of bear season. I have invested again zclassic knowing it does have great potential. Since lots of fork happens coming from zclassic.

[Corey031]

This coin is still alive? I have only heard that there will be some forks with it but I at moment I don't see any additional information about it.

[CanErik]

This coin is still alive? I have only heard that there will be some forks with it but I at moment I don't see any additional information about it.

Hi;

If you are realy curious about this...

Kind regards.

[Andrey09]

✅Hello to all ZCLers, a major step forward for ZCL today please read our latest medium article :
https://medium.com/@ZclassicCE/zclassic-overwinter-upgrade-with-equihash-parameters-tweaked-and-initial-support-for-sapling-7c65b9f6dd34
I would like to thank Nimbosa, Skellers and de7erv from the core team for this excellent work.✅

Do you read this article about sooner upgrade ZCL network from ZCL CE?