[ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax - page 29.

bitoftalk

newbie

Activity: 11

Merit: 1

!!! the Official Zclassic Subreddit Community is under NEW management, expect us to be fair and introspective and open to objective analysis . . .

is this the post you were referring to, BitOfTalk? - https://www.reddit.com/r/ZClassic/comments/8gubfp/over_40_of_zclassic_centralized_in_one_wallet/

are you u/TopBestTrend? we have recovered this and reinstated it on Reddit, FYI..

Quote from: oldbit on May 04, 2018, 03:10:20 AM

Quote from: bitoftalk on May 03, 2018, 10:59:31 PM

Zclassic Reddit Removed This Post To Hide The Truth:

Sure, they have been removing posts about Anonymous Bitcoin, but they also remove important information like when I posted this link:

https://zcl.blockexplorer.link/richlist

Please look at the top wallet, how much ZCL they hold, and then tell me how decentralized ZCL actually is...

I also looked into where most of the hashrates from pools are comming from:

http://altcoinminingpools.com/equihash/zclassic

I just want to know if the information from these links are correct. Is over 40% of the coin in one wallet? Is over 60% of the hashrates comming from unknown pools? Zclassic reddit removed this before anyone could comment...

With the way things are going, we can expect Zclassic to be listed on bigger exchanges. Also, that big miner coming from unknown pool will definitely need to pump this coin before he can dumps his stash.

Future is bright for zclassic.

Yes thanks, I appreciate it. I had also added this so it is pretty much figured out:

I figured it out. I was a bit coinfused at first!(pun = bit coinfused) I thought that ZCL sent to Bittrex is in a separate wallet. It is for a secound, but then they send it to their wallet, so you don't actually have it. I thought Bittrex only had your private keys, but apparently your wallet has nothing in it the secound after it is recieved. As for the unknown mining pools, it has been brought to my attention that Bitmain is releasing a new equihash ASIC miner (https://www.youtube.com/watch?v=H1XPG2WrIM4). This would probably be where all those hashes are comming from (imo).

The only thing is you can't see how much ZCL is in the Bittrex Wallet. Not all ZCL is listed and they also collect fees, but right now I can only see under 35,000 listed for sale on Bittrex (of the 500 listings)

graysoon

copper member

Activity: 294

Merit: 100

For companies that are planning to have an ICO on Nebula AI. What kind of support would they be able to provide?

bitChipper

sr. member

Activity: 896

Merit: 290

Quote from: ?? on ??

NO, Zclassic was not a free coin / hardfork for Zcash users.. it was a code fork and a totally new coin that did NOT inherit ZEC transactions/UTXO

it only inherited the code MINUS the founders' tax, premine, slow start..

Quote from: steemium on May 13, 2018, 01:59:29 PM

Quote from: ?? on ??

Quote from: steemium on May 11, 2018, 03:42:16 PM

Hi, I've found this thread reading BlockchainForums, it's discussed there in relation to Zcash and Zencash https://blockchainforums.info/topic/388/zencash-vs-zcash-all-you-need-to-know/4

I was surprised by "20% Founders Reward is removed."
So really ZCash founders have 20% of ZCash (or had in the beginning)
For me that's a lot, especially considering the price of ZCash!
Definitely ZClassic has a room to grow!

iM sad but not surprised that the wikipedia article was removed, but there's a latest copy of it here, right before unfair DELETION: http://web.archive.org/web/20180322010119/https://en.wikipedia.org/wiki/Zclassic

Quote

Zclassic started as a fork of Zcash on November 5, 2016, eight days after Zcash's own release.

At launch, the only differences between them was that Zclassic waived the 20% miners fee for its founders, and supply was not artificially limited at its creation (i.e. no "slow start" for blocks). Zclassic kept the same defining parameters of Zcash, such as the use of the ASIC-resistant equihash timestamping scheme, and a total supply of 21 million units.

Great, thanks for additional info!
I didn't know that the difference was only 8 days. So probably Zcash owners do not have Zclassic amounts? (Like in Bitcoin Cash fork every Bitcoin holder receive same amount of Bitcoin Cash)..

So it pretty much just piggy backed of Zcash's name and toted the idea of a fair distribution even though that doesn't make it anymore viable to institutional investors.

Zcash got listed on gemini yall, institutional investors want to invest in projects where they know there are companies and organizations behind the open source project that will ensure it's growth.

Artifex

legendary

Activity: 1496

Merit: 1019

Eloncoin.org - Mars, here we come!

Quote from: vortexz on May 13, 2018, 07:41:57 AM

I think zclassic has an announcement at the end of the month , it 's supposed to be big , maybe binance

Hey! What could be more than a Binance Huh

With this exchange ZCL fly to the moon. Zcl promising coin! I plan to buy for $ 8 a good price)

Andrey09

newbie

Activity: 176

Merit: 0

Anon Thread here:

https://bitcointalksearch.org/topic/m.37320261

pinoycash

hero member

Activity: 1316

Merit: 514

Quote from: nick1492 on May 14, 2018, 07:24:30 AM

Quote from: dazbarlby on May 13, 2018, 07:46:54 AM

I'll wait for it to go down a little before buying in again. I'm expecting it to go down and will do swing trade

Zclassic is a great coin indeed. Being fork twice I think. But for now, price is very high for a start. I'll probably wait too, just like you before I buy more zclassic. It will be pulled down up to $7 dollars again before be pump to as high as $100 dollars again. Just be cautious on buying zclassic.

You shouldn't buying this crap. this is a scam coin that only been made to enrich the developers and dupe his supporters. They just waste everyone's trust that been given to them by the crypto community.

Raja_MBZ

legendary

Activity: 1862

Merit: 1505

Quote from: licolasawa on May 15, 2018, 12:54:04 PM

One question I have to ask, when zcash being like a scam and unstable as hell how do you expect it's fork becomes successful?

How is ZCash a scam and unstable?

Yesterday, Gemini announced support for ZEC. This is a huge news for it.

https://bitcoinmagazine.com/articles/boost-privacy-cryptocurrency-gemini-announces-support-zcash/

This fork of ZEC though, is useless.

licolasawa

newbie

Activity: 11

Merit: 0

One question I have to ask, when zcash being like a scam and unstable as hell how do you expect it's fork becomes successful?

nick1492

full member

Activity: 448

Merit: 100

Quote from: dazbarlby on May 13, 2018, 07:46:54 AM

I'll wait for it to go down a little before buying in again. I'm expecting it to go down and will do swing trade

Zclassic is a great coin indeed. Being fork twice I think. But for now, price is very high for a start. I'll probably wait too, just like you before I buy more zclassic. It will be pulled down up to $7 dollars again before be pump to as high as $100 dollars again. Just be cautious on buying zclassic.

Angel Di

sr. member

Activity: 588

Merit: 251

EVOS

Quote from: luan_batista on May 13, 2018, 03:45:40 PM

Soon we will be in Binance Wink

and other great exchanges await

Nothing itself expectations. This is a very strong statement and if this really happens, then the coin seemed to fly into space, live on the moon. For the sake of this event is to buy more coins.

luan_batista

newbie

Activity: 2

Merit: 0

Soon we will be in Binance Wink

and other great exchanges await

2012

legendary

Activity: 1526

Merit: 1003

Quote from: misterbigg on May 12, 2018, 12:15:59 PM

ZCL very limit supply which is very good for inflation in price, just need to keep on holding it

That is fact supply of this coin is very limited but you can't deny the reflection of Rhett on the growth and how he is ruining the image with epic pump and dump. It's good strategy to keep watching and buy low and sell during the pump.

Howler

newbie

Activity: 1

Merit: 0

Please for the love of god get ZCL listed on Binance. Currently by using Whattomine.com metrics , ZCL is the best equi based pow to mine with most Nvidia cards. Only problem is the crypto exchange that I use, and a vast majority of crypto-traders use, has not listed y'all yet, despite y'all being a prominent Alt-coin.

Do all of us crypto-traders/miners a favor and get ZCL listed on Binance using their listing form: https://[Suspicious link removed]/forms/jwjm8SClOYEuC8hr1

steemium

jr. member

Activity: 193

Merit: 2

Quote from: ?? on ??

Quote from: steemium on May 11, 2018, 03:42:16 PM

Hi, I've found this thread reading BlockchainForums, it's discussed there in relation to Zcash and Zencash https://blockchainforums.info/topic/388/zencash-vs-zcash-all-you-need-to-know/4

I was surprised by "20% Founders Reward is removed."
So really ZCash founders have 20% of ZCash (or had in the beginning)
For me that's a lot, especially considering the price of ZCash!
Definitely ZClassic has a room to grow!

iM sad but not surprised that the wikipedia article was removed, but there's a latest copy of it here, right before unfair DELETION: http://web.archive.org/web/20180322010119/https://en.wikipedia.org/wiki/Zclassic

Quote

Zclassic started as a fork of Zcash on November 5, 2016, eight days after Zcash's own release.

At launch, the only differences between them was that Zclassic waived the 20% miners fee for its founders, and supply was not artificially limited at its creation (i.e. no "slow start" for blocks). Zclassic kept the same defining parameters of Zcash, such as the use of the ASIC-resistant equihash timestamping scheme, and a total supply of 21 million units.

Great, thanks for additional info!
I didn't know that the difference was only 8 days. So probably Zcash owners do not have Zclassic amounts? (Like in Bitcoin Cash fork every Bitcoin holder receive same amount of Bitcoin Cash)..

dazbarlby

sr. member

Activity: 460

Merit: 250

I'll wait for it to go down a little before buying in again. I'm expecting it to go down and will do swing trade

vortexz

legendary

Activity: 1120

Merit: 1001

I think zclassic has an announcement at the end of the month , it 's supposed to be big , maybe binance

shogun47

hero member

Activity: 1708

Merit: 553

Play Bitcoin PVP Prediction Game

Quote from: SixFigures on May 10, 2018, 02:21:12 PM

Quote from: elisons on May 10, 2018, 03:34:05 AM

Quote from: amirheavy666 on May 10, 2018, 01:52:22 AM

zclassic is dead ? sell it or stay more? Huh

this coin is dominated by bots, they are going to expel all the real buyers and to be left bots operating at the price that you want.
It is the worst currency there is, I am at a loss of 50% of the money. But I already knew the risk and invested little, but it is the last time I invest, because if they buy they will lower the value even more! Stop buying the coin! because every time they buy more they will lower the value.

according to her chart, it's likely to be down to $ 7.

Even the bots are eventually run by humans. Just set clear price goals, put your order on the books and either it gets executed or it doesn't. Not worth nothing with it the whole day if a lot of bots are involved.

True here, but sometimes the bot trading is really annoying. The fact alone that you know that there is a bot sometimes makes you not trade at all.

Vandar

jr. member

Activity: 244

Merit: 1

Quote from: SeaSoul on May 10, 2018, 04:11:21 PM

Quote from: ?? on ??

Buy the rumor, sell the news.. Alrighty then! ZCL just got added to Changelly and ledger nano s and there's a rumor that there is a interview this Sunday in regards to a new ZCL fork... So if Monero can fork out 4 new projects over night, I'm pretty Zclassic can squeeze another out another golden egg.

But what is the reason for even fork the whole thing to then build something more valuable? Shouldn't people get bored even more with every single new fork popping up out of nowhere?

Exactly this is how speculation is described.
Some coins are serving just speculating purposes only .
I can say the most of them right now.
No ideology or vision for freeing the transactions worldwide like the first btc idea.
Just a money making machine for the very few "smart" devs

misterbigg

legendary

Activity: 1064

Merit: 1001

ZCL very limit supply which is very good for inflation in price, just need to keep on holding it

steemium

jr. member

Activity: 193

Merit: 2

Hi, I've found this thread reading BlockchainForums, it's discussed there in relation to Zcash and Zencash https://blockchainforums.info/topic/388/zencash-vs-zcash-all-you-need-to-know/4

I was surprised by "20% Founders Reward is removed."
So really ZCash founders have 20% of ZCash (or had in the beginning)
For me that's a lot, especially considering the price of ZCash!
Definitely ZClassic has a room to grow!

Topic: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax - page 29. (Read 339512 times)