PovertyByte (OP)
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January 27, 2017, 08:21:25 PM |
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I have tried finding this topic but haven't
People hate ZEC because of the dev fee that is only 20% over multiple devs, and is only limited to a certain number of blocks. This is small compared to the massive premines seen on many other coins still up and running. ZCL is a copy of ZEC without dev fees
Why should I expect ZCL to be worth more than ZEC in the end? Is there any key differences in the direction of the development between these 2 coins?
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Redrose
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January 27, 2017, 09:46:36 PM |
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None is best by the technology, since last time I took a look at ZCash (ZEC), it was broken, but this may have been fixed since then. So ZCash is overpriced, and ZCash Classic (ZCL) is about what ZEC should be, but like for all little altcoins, price is virtually inflated by a few people. For the difference in development : ZEC creates the innovations and ZCL copies them.
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memequiserle
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January 27, 2017, 09:59:44 PM |
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iam prefered use zcl (zcash classic) same youre reason because zcash every miner fee charge 20% to dev, so is bad system, is bad price in market
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Hazir
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January 27, 2017, 10:30:48 PM Last edit: January 27, 2017, 10:53:07 PM by Hazir |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
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Raja_MBZ
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January 28, 2017, 01:17:46 PM |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
Do not forget that Ethereum Classic was a copycat too, and look at its success now. Good classical versions do have capability to be successful. ZCL will eventually be added to Poloniex and it'd be the first big success of it.
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Hazir
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January 28, 2017, 07:21:43 PM |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
Do not forget that Ethereum Classic was a copycat too, and look at its success now. Good classical versions do have capability to be successful. ZCL will eventually be added to Poloniex and it'd be the first big success of it. Success? What success you are talking about - Current price of Ethereum: $10.5, price of Ethereum Classic $1.31 So if price 10x less that original is a success for you then yes, I suppose Zcash Classic can repeat this as well.
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jacaf01
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January 28, 2017, 07:36:58 PM |
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This is simple ZEC is the original chain, ZCL is a clone, some people try to compare this to ETC but it is completely different because ETC was the first and the original Ethereum chain before the fork. I know they must have approach Poloniex to list ZCL but Poloniex know there is no solid developing team behind the project, just to copy and paste whatever update in ZEC into ZCL chain unlike ETC that has its own developing team and has created a new path completely independent of Ethereum foundation
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NUFCrichard
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January 28, 2017, 08:08:33 PM |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
Do not forget that Ethereum Classic was a copycat too, and look at its success now. Good classical versions do have capability to be successful. ZCL will eventually be added to Poloniex and it'd be the first big success of it. Or you mean that people will take up any old crap and run with it! People won't let a hard fork really succeed nowadays, the whole classic thing was interesting with ETH/ETC as it was original, but now it is just people trying to make money out of it. I hope Poloniex don't add ZCL, they are encouraging the new phenomena.
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Raja_MBZ
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January 28, 2017, 10:18:39 PM |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
Do not forget that Ethereum Classic was a copycat too, and look at its success now. Good classical versions do have capability to be successful. ZCL will eventually be added to Poloniex and it'd be the first big success of it. Success? What success you are talking about - Current price of Ethereum: $10.5, price of Ethereum Classic $1.31 So if price 10x less that original is a success for you then yes, I suppose Zcash Classic can repeat this as well. Prices and values do not determine the success and failure of an altcoin. They can vary time to time. Look at its volume in last 24 hours, it is among the top ten. This is its one of initial successes. With all its potential, it can cross much bigger values in upcoming years. Reason making classics are good, IMO. ZCash has the 20% founder's fee, which is way too much. Very clear that its nothing but a scam. The value of ZEC is going downhill since its start, which clearly shows that the founder is not willing to invest even a single percent of that huge percentage. A classic version is a must in conditions like this one.
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PovertyByte (OP)
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January 29, 2017, 05:37:13 AM |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
Do not forget that Ethereum Classic was a copycat too, and look at its success now. Good classical versions do have capability to be successful. ZCL will eventually be added to Poloniex and it'd be the first big success of it. Success? What success you are talking about - Current price of Ethereum: $10.5, price of Ethereum Classic $1.31 So if price 10x less that original is a success for you then yes, I suppose Zcash Classic can repeat this as well. Prices and values do not determine the success and failure of an altcoin. They can vary time to time. Look at its volume in last 24 hours, it is among the top ten. This is its one of initial successes. With all its potential, it can cross much bigger values in upcoming years. Reason making classics are good, IMO. ZCash has the 20% founder's fee, which is way too much. Very clear that its nothing but a scam. The value of ZEC is going downhill since its start, which clearly shows that the founder is not willing to invest even a single percent of that huge percentage. A classic version is a must in conditions like this one. I am with Hazir Being in the top 10 doesn't really mean it is a success to me at least. All these dapps are being done on ETH and not ETC and the real utility behind Ethereum is the dapps anyway. I don't think Microsoft cares about the cryptocurrency fork ethics of ETH and ETC, they both do the same thing in the end and all the work is already on ETH The price is only going down because it is the most profitable one to mine for the most part. The real thing I need help understanding is how was the price so blown up when it first opened?
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rowenta01
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January 29, 2017, 02:38:46 PM |
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Many people speak without knowing .. nothing that compare Zcash / zclassic to Eth / ETC is a joke and a nonsense! Compare chickens and cows!
If you want to compare, make it between litecoin / fairbrix and Zcash / Zclassic ...
It lacks much reflection on bitcointalk!
And when Zclassic will release a wallet windows GUI before Zcash, we will see who innovates and who copies ...
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movrcx
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January 29, 2017, 02:57:06 PM |
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I'm one of the Zclassic devs and I just wanted to say that the difference between Zclassic and Zcash is pretty major.
In many areas Zclassic has been leading the way in terms of usability and implementation... We funded work for the first Windows wallet and we also released the first open-source mining pool software. There's much more to come on the roadmap too.
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carlfebz2
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January 29, 2017, 03:37:11 PM |
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I'm one of the Zclassic devs and I just wanted to say that the difference between Zclassic and Zcash is pretty major.
In many areas Zclassic has been leading the way in terms of usability and implementation... We funded work for the first Windows wallet and we also released the first open-source mining pool software. There's much more to come on the roadmap too.
Oh! one of the Devs of Zclassic coin which he already stated the thing that differ it from ZEC. Actually i didnt tend to invest money on both coins but seeing on the status of these 2 alts i could say they are just both the same.One is just a super hype coin and the other one is just a copy coin.No hurt feelings but this is just my own view and opinion.
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boestin
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January 29, 2017, 04:02:41 PM |
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I'm one of the Zclassic devs and I just wanted to say that the difference between Zclassic and Zcash is pretty major.
In many areas Zclassic has been leading the way in terms of usability and implementation... We funded work for the first Windows wallet and we also released the first open-source mining pool software. There's much more to come on the roadmap too.
Oh! one of the Devs of Zclassic coin which he already stated the thing that differ it from ZEC. Actually i didnt tend to invest money on both coins but seeing on the status of these 2 alts i could say they are just both the same.One is just a super hype coin and the other one is just a copy coin.No hurt feelings but this is just my own view and opinion. Nevertheless, just look at the possibilities. ZCash promises a lot: transparency and private in one blockchain. Like said before, Zcash is hated because of the 20% founders fee. Now, what if ZClassic can offer all of this, EXCEPT the founders fee? Too me it just a big mistake if you don't buy some at this price - mining is becoming more and more difficult the last weeks. Good luck ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Red-Apple
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January 29, 2017, 04:04:16 PM |
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to be honest i don't know much about ZCL, but i have been watching ZEC for some time and i have to say not much is interesting in this coin, and the only thing that will ever be interesting about it, is (or was) the price which was a very big number once and it fell to the ground real hard.
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Ayers
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January 29, 2017, 05:07:56 PM |
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Both coins are far from ideal. Zcash with with its early distribution system is a joke. With their slow start and mining tax devs wanted to do something to favor investors and prevent advantage of early adopters at the same time. But they failed to realize it will make Zcash less interesting for everyone else. And ZCL is just a copy and like all clone coins it might go down very quickly.
ZCL is actually older than zcash so zcash copyed it, also the protocol from my understanding is better than zcash which rely on a centralization, i think zcoin will be a better coin when they will get rid of the botnet with the new algorith
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Djinou94
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January 30, 2017, 01:35:54 AM |
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If you want to compare ZEC/ZCL compared it with BYTECOIN and MONERO
One is a scam the second a fork and see which one wins now ?
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shinratensei_
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January 30, 2017, 04:37:37 AM |
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If you want to compare ZEC/ZCL compared it with BYTECOIN and MONERO
One is a scam the second a fork and see which one wins now ?
It is no different with Ethereum and ethereum classic, IMO the ideas to make ZCL has been born from the ETC. I guess it is the best chance to make the other fork and try to grab some money. dev has done it. Other classic thing will appear soon. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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languagehasmeaning
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January 30, 2017, 07:55:36 AM |
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If you want to compare ZEC/ZCL compared it with BYTECOIN and MONERO
One is a scam the second a fork and see which one wins now ?
Interesting comparison but I think a 20% dev mining tax for 4 years (ZEC) is different than a 80% premine (BCN) I prefer ZCL over ZEC and of course love XMR and dislike BCN
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rowenta01
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January 31, 2017, 12:01:55 PM |
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After the test of the windows wallet on my computer, I confirm that this works very well !!! Congratulations to the team and fxminer for the beautiful work !! Zclassic: First wallet "windows" functional zero knowledge technology! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgsafe.org%2F07b91b54eb.png&t=665&c=j46Vvh1SPHMt8Q)
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