You made my day Ekonom, I couldn't agree more with your view on ZCL.
It just lacks visibility at the moment, but it won't be long before people realize that it's much better than ZEC.
Not even talking about the current valuation...
Topic: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax - page 191. (Read 339570 times)
ZCL is great, it's only problem is that it's flying under the radar...
I put up a list of why I think it will succeed:
- Anonymous transactions are needed by everyone and not only for people "who have something to hide" like Dark markets. Private transactions are a necessity in business. It's also the basis of fungibility. But at the moment, Bitcoin is not anonymous. We don't know when/if it will be upgraded with privacy features.
- There is only 2 serious technology offering anonymous transaction right now Monero and Zcash.
- Zcash technology is better than Monero:
- But Zcash suffers from a fatal flaw, it's the product of a US corporation and they made the mind-boggling decision to add tax of 20% on every block mined (until half of the total coins are mined).
=> Zclassic is a fork of Zcash that simply removed the mining tax, it was released just a few days after Zcash and is what Zcash should have been.
I put up a list of why I think it will succeed:
- Anonymous transactions are needed by everyone and not only for people "who have something to hide" like Dark markets. Private transactions are a necessity in business. It's also the basis of fungibility. But at the moment, Bitcoin is not anonymous. We don't know when/if it will be upgraded with privacy features.
- There is only 2 serious technology offering anonymous transaction right now Monero and Zcash.
- Zcash technology is better than Monero:
- Zcash is close to Bitcoin in design and therefore can benefit from the developpment network effect unlike Monero where everything needs to be developped from scratch for it. Zcash also has the exact same model of issuance as Bitcoin, 21m coins, same rate of mining.
- Zcash has opt-in anonymous transactions where Monero is anonymous by default. This means that with Zcash you can either do transparent regular blockchain transactions or cloaked anonymous transactions. This offers 2 advantages, first transparent transactions are useful for different type of usecases. And second it doesn't raise as much redflags from governments while offering the same privacy.
- On the technical side, Zcash transactions are considered theoretically more perfectly anonymous and Zcash has better scalability than Monero.
- But Zcash suffers from a fatal flaw, it's the product of a US corporation and they made the mind-boggling decision to add tax of 20% on every block mined (until half of the total coins are mined).
- Corporate coins add general uncertainty such as centralisation pressure and legal targets.
- The 20% tax is not acceptable and destroys the foundation of what is supposed to be a worlwide currency. This will put a ceiling on Zcash potential as money. Cryptocurrencies are meant to free people and enable worldwide unfettered commerce not bring us back to Middle Age seignorage !
=> Zclassic is a fork of Zcash that simply removed the mining tax, it was released just a few days after Zcash and is what Zcash should have been.
ZCL is better than ZEC..
but still thats not good enough
but still thats not good enough
it still sux and is broken just like ZEC
ZCL is better than ZEC..
but still thats not good enough
but still thats not good enough
This coin is undervalued.. and I think whales are accumulating.. 
I would say as with all crypto...do not risk what you can afford to lose.
These are volatile investments, but history has proven that in the long run,
they do go up in value. Even if it takes 3-5 years.
Honestly, I am wondering if ZCL can grow where BTC can't. Will ZCL ever get stuff like LN for example
This coin is undervalued.. and I think whales are accumulating..
I would say as with all crypto...do not risk what you can afford to lose.
These are volatile investments, but history has proven that in the long run,
they do go up in value. Even if it takes 3-5 years.
This coin is undervalued.. and I think whales are accumulating..
Would someone be so kind to recommend the "best" exchange to trade ZCL? I mining ZCL and at some point I have to pay the electric bill, so although I'm hodl, I do need to exchange some of it I appreciate your help! Thanks!
P.S. Wish ShapeShift supported ZCL
I appreciate your help! Thanks!P.S. Wish ShapeShift supported ZCL
Should mine a mix of ZCL and ZEC
Hold the ZCL and sell the ZEC to pay off electric
This coin has a lot going for it; The original body of work and standing of participants, the most documented, transparant and trustworthy start and the pace and quality of post-fork development.
The only thing that sucks IMHO is the name. The name needs to change!
The only thing that sucks IMHO is the name. The name needs to change!
It has been discussed before, in a distant future it might happen, but its not a priority atm.
This is one of the things I am most curious about far as long term potential, doesn't need to happen too fast but don't put it off too long either
A question of my own, may have been asked in one of the many pages. Do the devs have any plans to update ZCL in directions different from what ZEC may do or are the two coins basically just on a race to do the same things and only differ over the emissions curve and dev fee?
Looking for the next huuuge uptrend on ZCash!!! It's been quiet since a month and really stable..
So where would one start if the wanted to do some dev work. Err, I should say learn how to do.. dev work?
Join our rocketchat.zdeveloper.org and become part of the community.
Looking for the next huuuge uptrend on ZCash!!! It's been quiet since a month and really stable..
So where would one start if the wanted to do some dev work. Err, I should say learn how to do.. dev work?
good work guys!
continue like that!
continue like that!
A version of the ZClassic Windows GUI wallet is also maintained by the developer of the original ZCash GUI wallet project:
http://i.imgsafe.org/636e5efef4.png
The full documentation on how to set it up and run it on Windows may be found on the project GitHub page:
https://github.com/vaklinov/zclassic-swing-wallet-ui/blob/master/docs/Readme-Windows.md
http://i.imgsafe.org/636e5efef4.png
The full documentation on how to set it up and run it on Windows may be found on the project GitHub page:
https://github.com/vaklinov/zclassic-swing-wallet-ui/blob/master/docs/Readme-Windows.md
Looking for the next huuuge uptrend on ZCash!!! It's been quiet since a month and really stable..
ZCL , is looking to expand its Dev Team, also we are in the discussion of reviving BitWasp project. Lots of work needed to fix the security issues & bugs and add support to ZCL.
Just a mere thought for now.
Just a mere thought for now.
Just want to share great Zclassic docs. I think everyone new in Zclassic or involved should read. May be outdated I really like them 
Zclassic Manifesto http://docdro.id/glhMRDm
Zclassic Investment Thesis http://docdro.id/zvoW8hO
Zclassic Risk / Reward http://docdro.id/PanUoAF
Zclassic Manifesto http://docdro.id/glhMRDm
Zclassic Investment Thesis http://docdro.id/zvoW8hO
Zclassic Risk / Reward http://docdro.id/PanUoAF
This coin has a lot going for it; The original body of work and standing of participants, the most documented, transparant and trustworthy start and the pace and quality of post-fork development.
The only thing that sucks IMHO is the name. The name needs to change!
The only thing that sucks IMHO is the name. The name needs to change!
It has been discussed before, in a distant future it might happen, but its not a priority atm.
That's great! I'm a patient guy.
Are you on the dev team? If so, that's good enough for me and I'll climb on board!I'm independent dev
this is comunity coin. There is no central dev team and this is good. Everyone can join. Join our rocket chat https://rocketchat.zdeveloper.org/This coin has a lot going for it; The original body of work and standing of participants, the most documented, transparant and trustworthy start and the pace and quality of post-fork development.
The only thing that sucks IMHO is the name. The name needs to change!
The only thing that sucks IMHO is the name. The name needs to change!
It has been discussed before, in a distant future it might happen, but its not a priority atm.
That's great! I'm a patient guy.
Are you on the dev team? If so, that's good enough for me and I'll climb on board!I could say i'm part of the dev team as any member that show's willingness to be pro-active and helps in the project, but yes on a distant future name has to go and we all aware of that. My personal opinion on this, and speaking on my behalf, Zero Knowledge technology is bigger than ZClassic & ZCash or any other coin. People should regain the choice , to be totally anonymous in a world that's heading in the opposite direction.
With that said, i believe if you tax a crypto currency, you'r no better than a central bank or a federal reserve i will leave it like that.
This coin has a lot going for it; The original body of work and standing of participants, the most documented, transparant and trustworthy start and the pace and quality of post-fork development.
The only thing that sucks IMHO is the name. The name needs to change!
The only thing that sucks IMHO is the name. The name needs to change!
It has been discussed before, in a distant future it might happen, but its not a priority atm.
That's great! I'm a patient guy.
Are you on the dev team? If so, that's good enough for me and I'll climb on board! Hi
The new windows wallet is not working for me: http://prntscr.com/e3bu2h
It requires some Zcaash daemon. What is it and how to start it ?
The new windows wallet is not working for me: http://prntscr.com/e3bu2h
It requires some Zcaash daemon. What is it and how to start it ?
Please submit issue in https://github.com/z-classic/zclassic/issues
You can try do use alternative Windows Native client:
https://github.com/fxminer/zclassic-windows-wallet/releases
First start "ZClassic Server" from desktop and then you can run "ZClassic Windows Wallet"
Let us know if everything is working fine.
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