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

[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.

[1714875944]

1714875944

[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?

[Andrey09]

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[wenwen]

Good afternoon. The coin has all the chances to become popular, it only takes time. I wish the developers to achieve results. I wish everyone good luck.

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.  

[steve321]

The market is bad and the team doesn't seem to care much about these issues

[HaberHash]

The market is bad and the team doesn't seem to care much about these issues

That's not correct.  There are multiple teams all trying to become the official ZClassic again.  Bitcoin Private team hasn't announced who the official team is yet.