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ZClassic (ZCL) is a cryptocurrency that can be generated through mining. It has a current supply of 9,287,024.33 and is currently trading at a price of 0.04859234 USD, which has increased by 0.62% in the last 24 hours. ZClassic is available for trading on 8 active markets, with a total trading volume of $23.83 in the last 24 hours. For more information, visit https://zclassic.org.

Issue Time
1970/01/01
Initial Price
US $ 0.01142447
Circulation/Max
9.28M/11.46M
Dominance
0.00%
ROI -99.07%
$0.01142447$248.73100280
Low · 2022/06/302022/06/30 · High

Information

What is the description of the coin?

Zero-knowledge proving scheme is a decentralized and open-source technology that offers privacy and selective transparency of transactions. Zclassic is a fork of Zcash: (@HeyRhett) decided to take another path by removing the 20% fee. Miners are simply earning their fair reward, we believe they deserve it, and the coin development can be supported by the community. ZCL also differs from ZEC by removing the slow start (source), we are not trying to deliberately engineer scarcity: The Market decides the price. We are using the same parameters which were produced in the now famous secure "trusted setup meeting" (source) where Peter Todd participated, and he confirmed to us (source) they are safe to use. If just one of the participants kept their key secret and destroyed it, the whole system is secure.

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