ZCash Classic, what a stupid name

[iamnotback]

Zcashhh!

[YIz]

Zreward, would be the best name in my opinion.

[goldenchip]

Now that you mention it, the name does not make much sense. I hope the project is legit, I have not seen bad news so far.
Days ago it was one of the most profitable coins to mine.

[Sir Paijoe]

If you take the name and still have of word "Zcash" I think is not good and not be success.

[bbc.reporter]

So ZCash Classic is a fork of ZCash. But why the heck has it been called that way ? Ethereum Classic could be called that way because it was the original version of Ethereum, it's classic version. Frankly, I see no reason here except a lack of imagination or the will to have an ETC effect and being pumped, mined, and making ZCash easier to mine for them to have more ZEC.

Your last sentence is very true. Judging by the very nature of the cryptosphere, any developer who has the skills and the motivation are here to make bitcoins by creating hype around a project. This brings me to a question. If most of the "altcoiners" really are intending to sell their scam coin and tokens for bitcoins, then are those "altcoiners" really bitcoiners right from the start?

If that is really the situation then being an altcoiner is really an illusion and the people supporting them are scamming themselves into thinking that they have a future.

Speaking as a developer of a vaporware altcoin, I think that is mostly the case, although I do think there are a few cases of developers who genuinely thought they could maybe do something as important as Bitcoin:

Dan Larimer
@fluffypony
Vitalik Buterin

These guys have lead a lot of innovation. However others might argue they are just raking in BTC and enjoying themselves farting around with hair-brained ideas which won't pan out to anything significant. I hope to be in their league but with a clearly not hair-brained design and concept. And in that way, I hope to do something challenging or better Bitcoin. But you shouldn't trust my words. Always look to the actions and results. Of the three above, I suppose @fluffypony is in the lead in terms of solidifying results, although Vitalik I think has had the biggest ideas/concepts impact with Dan a close second.

I am sorry but I have to disagree with most of what you said about those 3 people. For Fluffypony and the Monero project, yes they have been doing good with RingCT but I was disappointed when the exit scam occured at the Oasis dark market. If some of the XMR people were involved, we may never know, but there are warning bells ringing nevertheless.

For Dan Larimer and Vitalik, I used to give them the benefit of the doubt that they might be really trying to achieve something great. Now I am slowly realizing that those guys knew exactly what they were doing right from the very beginning. Where do you think they will be 10 years from now?

[shinratensei_]

Well, same reason Bitcoin Classic is called Bitcoin Classic... the guys doing it think that their way is the "classic way". It's pretty ridiculous, but it sells well.

We'd see another classic coin soon, Like monero classic,Lisk classic and other.
And We'd see every coin have his own fork.

As you say, this pretty ridiculous but it's just sold about the popularity of coin.

[Dassi]

If alts start having their own fork, their market price will reduce just like what happened to Ethereum and Zcash.

[greenuser]

If alts start having their own fork, their market price will reduce just like what happened to Ethereum and Zcash.

Monero Classic came and went and Monero is looking ok to me.

I'm still waiting for Litecoin Classic or PayPal Classic. Lol!  

Maybe we should have a Classic only market? And a Classic Altcoin section on Bitcointalk
Wait until we get Ethereum Unlimited, Monero Unlimited, Zcash Unlimited, Litecoin Unlimited come along.

I'll mine anything for profit, i used to care about the tech but if i am honest, its all about the Bitcoin. Shut your GPUs down and run a SegWit node (it can be downloaded from the link at the top of this page) until the next big profit Altcoin comes along and use your electric budget for buying more Bitcoin  

But i don't think there is enough time left to get a new coin up, running and trusted by folk before the Global fiat meltdown begins.

[generalizethis]

I am sorry but I have to disagree with most of what you said about those 3 people. For Fluffypony and the Monero project, yes they have been doing good with RingCT but I was disappointed when the exit scam occured at the Oasis dark market. If some of the XMR people were involved, we may never know, but there are warning bells ringing nevertheless.

^This is an irrational statement.

Why?

Because the POINT of a privacy coin is to keep dark markets dark, whichever one does this the best is the one you want, so you really missed the boat on why this is being done in the first place. The warning bell was when BTCe said "...take your Evolution loot somewhere else."

[memequiserle]

Zcash classic this name only follow succes ethereum classic
if ehereum succes and follow ethereum classic succes
and then new coin zcash is booming, so dev create coin use name zcash classic

[JeffBrad12]

Zcash classic this name only follow succes ethereum classic
if ehereum succes and follow ethereum classic succes
and then new coin zcash is booming, so dev create coin use name zcash classic

The people was going to take the gold momentum on zcash, And it is will become a plague for the alt world soon. May you think if zclassic was got a succeeded like ethereum classic?

[luckykitty]

Look forward to the windows wallet.

[iamnotback]

If alts start having their own fork, their market price will reduce just like what happened to Ethereum and Zcash.

Monero Classic came and went and Monero is looking ok to me.

I'm still waiting for Litecoin Classic or PayPal Classic. Lol!  

Maybe we should have a Classic only market? And a Classic Altcoin section on Bitcointalk
Wait until we get Ethereum Unlimited, Monero Unlimited, Zcash Unlimited, Litecoin Unlimited come along.

I'll mine anything for profit, i used to care about the tech but if i am honest, its all about the Bitcoin. Shut your GPUs down and run a SegWit node (it can be downloaded from the link at the top of this page) until the next big profit Altcoin comes along and use your electric budget for buying more Bitcoin  

But i don't think there is enough time left to get a new coin up, running and trusted by folk before the Global fiat meltdown begins.

Okay I am going to shamelessly shill my vaporware "Bitcoin killer".

I am extremely confident that my (yet unpublished) white paper is the Holy Grail that we've been waiting for. Originally I had "unprofitable proof-of-work" in the design which I wasn't satisfied with because I quote from my white paper (note the cited sections of the whitepaper quoted below have been published in my recent posts on BCT):

The finality of a consensus epoch must be defined carefully so as to be secure against any possible game theory attack.

Early variants of this design contemplated employing Satoshi's proof-of-work in various design variants to achieve finality of [redacted] transactions and/or relative ordering of [redacted] checkpoints. But Satoshi's proof-of-work is (as explained in the prior sections) a design flaw that trends towards a winner-take-all centralization of control. Unprofitable proof-of-work was contemplated, but it must be paid for as a transaction fee and/or excess computing resources on the personal use computers creating the transactions (c.f. the section “Proof-of-Work on CPUs Belies Economics of Specialization”), both of which are too small to be secure against rented 51% (plus botnet) hashrate (CPUs or necessarily only a fraction of Bitcoin's ASIC miners, c.f. the section “Power-law Distribution Control”) double-spend and difficulty adjustment attacks. Proof-of-work is also undesirable because it extracts value from the ecosystem, burns it wastefully, and is not permissionless in the sense that the control trends towards a cartel of miners and eventually winner-take-all.

But I've eliminated proof-of-work entirely from the final design (so you won't be able to mine it but I am also not planning to sell most of it in an ICO nor retain it as a premine), and I understand very well now the taxonomy of security and power vacuum issues for any possible consensus design (including Byzantine consensus designs such as Stellar).

So my vaporcoin won't have "Classic" in the name. It won't be a rehash of any one of PoW, (D)PoS, nor a DAG. It will be something new and better in a very clearly enumerated way, that solves all of the problems with have now with Bitcoin.

On top of that, it will ship with a Steemit-like concept on top of it to drive mass adoption. But that part won't be a Steemit Classic either. It will be a very different onboarding concept, not just a fair relaunch. Also it is possible to do (Ethereum-like) smart contracts more safely.

It will be only be published when there is a testnet and published with the comprehensive technical details in the whitepaper, so the BS and vaporware can be differentiated from hype.

The global collapse is not what is going to drive the popularity of crypto-currency. Anonymity is not what is going to drive the popularity of crypto-currency. We have time. Bitcoin is fatally flawed. The more time goes on, the worse Bitcoin's insoluble, clusterfucked, power vacuum politics will become:

Complicated business this politics stuff.

Yeah Bitcoin's business model.

[mbluxs]

When zcash up again rate 3btc , or down down and down,