ZCL Price Live Data
The Zclassic price today is $0.051532 USD with a 24 hour trading volume of $1.45K USD. Zclassic (ZCL) is up 4.60% in the last 24 hours.
Zclassic (ZCL) is an open source and decentralized digital currency which began as a solution to the excessive founder’s reward fee for miners of Zcash. The Zclassic project is a fork of Zcash, and operates on the exact same parameters – the one exception being that miners get to keep all of their rewards, rather than lose 20% to the project founders. Zclassic also removes the slow start feature of Zcash, where miners were restricted to artificially low rewards for the first month.
Zclassic’s fork was implemented in November 2016, and the project is run on an open-source basis, with contributions coming from a decentralized community. The same core principles of Zcash are inherent in the Zclassic project, with privacy and anonymity set as high priorities.
In February 2018, the development team behind Zclassic initiated a hard fork of the Bitcoin and Zclassic blockchains to create Bitcoin Private (BTCP). All development has ended on Zclassic, although it is still traded on BitTrex and CCEX, among other exchanges.