Zclassic is a fork of Zcash 1.0.1 with minimal changes except for 2 major things. 20% Founders Reward is removed. 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.

Zclassic uses the exact same trusted parameters Zcash uses. This is also what Peter Todd suggests: Block explorer: WALLET Linux: Windows: Soon! Android: Soon! Website: CoinMarketcap WhatToMine Source Code: Reddit: Slack Invite (over 300 members): Pools: Exchanges: Twitter Social Proof: Medium: Announcements [Pre Ann] 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: When I found out SuprnovaPools had 51%+ mining power of Zcash, I reached out to them to use my fork: 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.' 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. Code: • zcash-cli getblockhash 1 0004b371c02c41c61c189ce04ac147220daf796e9a60ce90cfee31e5a71dda2d zcash-cli getblockhash 3 000274d5b2b3de799e6d144914e2deae0c4803510dcfbf6416ce6c zcash-cli getblockhash 1dbf43869cdf46379e37ee685236d44af8cbe4ef5e83eac181033aba8b. How To Get Free ZClassic ZCL Without Mining there.

If it turns a profit i dont care what I mine i trade it for BTC, Cash or ETH right now anyway ill keep ZEC once hte price stabilizes and slow start is over mining ZEC for ZEC is stupid today we Mine ZEC for profit, to buy BTC or more ZEC in the future holding ZEC today is just dumb if I can mine ZClassic today and buy more BTC which tomorrow I can then by more ZEC than I could buy today why wouldnt I do it? Anyways you should be encouraging people to mine ZClassic - it brings down the difficulty of mining ZCash! Why do you make your own job harder? Is just stupid if it works, it works if I say i want to mine ZClassic - you should be encouraging it. You want to mine ZCash easier! That is unless you see ZClassic as a threat.

If zooko says ZClassic is good, than its good for me 2. Cryptomined: anyways you should be encouraging people to mine ZClassic - it brings downt he difficulty of mining ZCash! Why do you make your own job harder? Is just stupid I don't encourage people to mine anything. I said that I personally, wouldn't bother mining something without a solid KNOWN dev team because I keep part of what I mine.

People can do what they want. I have a large GPU farm. Current Cost To Mine Nexus NXS. I'm not a hobbyist who needs to turn and burn ZEC for another GPU. That's why I mine ETH and not ETC. One has a solid future because of who is involved and the fact that credentials and brainpower matters in this space. The other is speculative and whose development is based on the work of people no one heard of before. I trust Zooko and Vitalik.

I don't trust some random guy I never heard of before. It's that simple. You can do what you like of course but you should probably know that after the slow start is over some very big GPU farms will jack up the difficulty so even with a reduced reward right now it still may be possible that you make more during the slow start than when it is over. The slow start made what I mine valuable and not just another crapcoin.

I also don't buy knock off cheap counterfeit watches.

Given the open source nature of cryptocurrencies, Zcash was forked with the removed this tax. This cryptocurrency is known as Zclassic, a reference to Bitcoin Classic.