Profit Hunters Club
Searching the internet for money...

Home » Online Money » Crypto-Currencies » Zclassic - [ZCL] [Equihash] [PoW] (Zcash Fork No Premine, No 20% Founders Tax)
Zclassic - [ZCL] [Equihash] [PoW] [message #67] Sat, 25 February 2017 05:34
admin is currently offline  admin
Messages: 101
Registered: January 2016
Karma: 0
Senior Member

PoW: Equihash
Available/Total Supply: 799 Thousand / 21 Million
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")

Block Explorer 1:
Block Explorer 2:
Block Explorer 3:
Freenode IRC: #zclassiccoin



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: invite_petertodd_to_our_trusted_setup/
  • Attachment: zclassic.png
    (Size: 8.85KB, Downloaded 212 times)

[Updated on: Sun, 26 February 2017 02:06]

Report message to a moderator

Previous Topic: Dogecoin - [Scrypt] [AuxPoW] [Digishield]
Next Topic: Zcoin - [XZC] [Zerocoin]
Goto Forum:

Current Time: Thu Apr 25 12:10:18 UTC 2019

Total time taken to generate the page: 0.28753 seconds