Dear Zclassic community,
I am not a miner and don't understand the technicalities of it.
I've supported your coin since the early days when it was less than $2.
Whilst this coin has done amazing in recent weeks (and I'm happy for all involved), I find your increased coin circulation far too aggressive!!! It has literally doubled in a very short space of time.
It just doesn't make it worthwhile holding them anymore, due to the huge inflation!!!
Your White paper does not say much, except that there will be 21M coins in total, which worries me even more.
I'm sure other investors and early adopters will feel the same way as I do.
What measures do you have in place to prevent this massive inflation getting worse?!
Thank you
Hi, i am mining ZCL since 2 weeks now. I think a lot of people are mining ZCL now because the current profitability is very high. The mining difficulty is very high compare to a month before. Before, i could mine 1 ZCL everyday, now only 0.01. The mining difficulty compensate the inflation.
I don't think there is a massive inflation of the coin. There are only 3 million coins now. We are still not at 21 million coins. And there is surely new adapters of ZCL now to compensate it. And look at Bitcoin or Bitcoin Cash, they have a lot more coins. Ethereum has so much coins in circulation too and it is so expensive now. But people still think that thoses coins are cheap.