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Zclassic Price

ZCL
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Zclassic (ZCL) Price Live Chart

Zclassic (ZCL) Price Today

Zclassic(ZCL) price today is $0.05713, with a 24-hour trading volume of $17.14 and as such Zclassic(ZCL) has a market cap of $530.58K, giving it a market dominance of 0.000018%. The Zclassic(ZCL) price moved -1.97% in the last 24 hours.

ZCL Price Data

  • 24H Volume$17.14
  • All-Time High(ATH)$230.95
  • 24h High$0.05904
  • All-Time Low(ATL)$0.02254
  • 24h Low$0.05537

ZCL Market Cap Infos

  • Market Cap$530.58K
  • Fully Diluted Valuation$654.87K
  • Market Cap/FDV81.02%
  • Market SentimentNeutral

ZCL Supply

  • Circulating Supply9.28M ZCL
  • Total Supply11.46M ZCL
  • Max Supply11.46M ZCL

Zclassic (ZCL) Credibility Indicators

60.68
Reliability Score
PercentileTOP 45%

About Zclassic (ZCL)

Explorers

Website

zclassic.org

Community

Zclassic is a fork of Zcash founded by Rhett Creighton but with the 20% founders’ reward and slow start removed. Miners are simply earning their fair reward, we believe they deserve it, and the coin development can be supported by the community. ZCL also differs from ZEC by removing the slow start (source), we are not trying to deliberately engineer scarcity: The Market decides the price. We are using the same parameters which were produced in the now famous secure "trusted setup meeting" (source) where Peter Todd participated, and he confirmed to us (source) they are safe to use. If just one of the participants kept their key secret and destroyed it, the whole system is secure. Zcash is a cryptocurrency run by the Zero Coin Inc. In order to fund their operations, a 20% mining “Founder’s Reward” is included. Every block, in order to maintain consensus, miners running the Zcash code send 20% of their newly mined rewards to an address controlled by the Zero Coin Inc. Because the Zcash source code is open source, Zclassic simply removes the 20% Founder’s Reward. This gives people the option to mine a blockchain using the same technology of Zcash, but without paying the 20% Founder’s Reward. The mission of Zclassic is to stay as similar to Zcash from a technology perspective, but to never take any pre-mine, founder’s-reward or any other kind of fee that goes to a small group of individuals with special permissions whether elected, appointed, or otherwise.

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