ZClassic is a cryptocurrency forked from Zcash. It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder's reward. This founder's reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder's reward ZClassic wants to make mining fair for everyone involved.
Block explorer data from https://classic.zcha.in/
|Mkt.Cap||$ 2.56 M||Volume 24H||0.00000000 ZCL|
|Market share||0%||Total Supply||21 M ZCL|
|Proof type||PoW||Open||$ 0.46|
|Low||$ 0.46||High||$ 0.46|
All we can do is use various algorithms and run technical analysis of the ZClassic (ZCL) using its historical price data and perform ZClassic forecast. If the future follows the same pattern as in the past, this predictions/forecast can be very accurate.
ZClassic Price Index, Historical Chart and Market Cap
Zclassic is a fork of Zcash, developer decided to take another path by removing the 20% fee. Miners are simply earning their fair reward, community believe they deserve it, and the coin development can be supported by the themselves. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts. Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News.
As per the forecast and algorithmic analysis, the the price of 1 ZClassic (ZCL) will be around $162.1923 in 2025. The price of ZClassic (ZCL) in 2022 will be about $77.1154. The technical analysis using the algorithm says that the price of ZClassic (ZCL) will not decrease or fall or drop in long term. The price of ZClassic (ZCL) after 5 years (from today) will be around $162.1923.
In order to overtake the predecessor QUANTUM CASH (QCASH), the price would have to rise to 0,206 € (+0,33 %). For ZClassic to become the number one global cryptocurrency and defeat Bitcoin (BTC), a minimum price of at least 28.717,247 € (+14.001.311,38 %) is necessary. A peer-to-peer cryptocurrency that was forked out of Bitcoin to offer faster and more private transactions to users. On the other hand, the shielded transactions encrypt such details into a special section of a block, making them verifiable but hard to decipher for third-parties. ZClassic (ZCL) is a privacy coin that uses zk-snarks to obfuscate transactions.
Trending crypto news
This is becoming a challenge for bitcoin to be used as a currency in true sense for everyday use. The “fork” for Bitcoin Private was designed to generate a new cryptocurrency free from all these problems.
It launched as a fork of ZCash with no pre-mine to create a fairer model. ZClassic price prediction or you can say ZClassic forecast is done by applying our in-house deep learning(neural network) algorithm on the historical data of ZCL. Based on the historical price input data the system predicts the price of ZClassic (ZCL) for various period of the future. You can checkout the ZClassic (ZCL) price forecast for various period of the future like tomorrow, next week, next month, next year, after 5 years. The BTCP was issued through a standard airdrop exercise where the existing holders of Bitcoin and ZClassic received a BTCP token for each BTC and ZCL coin they had.
What are crypto airdrops
It has the exact same features as ZEC, including its private transactions protected by zero knowledge proofs and its Equihash Proof of Stake mining, but with no founder's reward. This founder's reward is currently deducted from mined zcash blocks (20% of all block rewards during the first four years of mining which will amount to 10% of the total zcash supply). By removing this founder's reward ZClassic wants to make mining fair for everyone involved.
- As per the forecast and algorithmic analysis, the the price of 1 ZClassic (ZCL) will be around $162.1923 in 2025.
- ZClassic reached 758 days ago on 08.01.2018 the all-time high of 185,220 €.
- The price of ZClassic (ZCL) after 5 years (from today) will be around $162.1923.
- You can checkout the ZClassic (ZCL) price forecast for various period of the future like tomorrow, next week, next month, next year, after 5 years.
This is a 0,0005 % market share (dominance) of the entire crypto currency market, 0,001 % from Bitcoin (BTC) i 99,67 % from QUANTUM CASH (QCASH). ZClassic reached 758 days ago on 08.01.2018 the all-time high of 185,220 €. The price is now lower by -185,02 € (-99,89 %), this equates to a loss of -0,24 € (-0,13 %) per day.
It is a decentralized and open source platform with selective transparency of transactions. Breaking down everything you need to know about Bitcoin mining, from blockchain and block rewards to Proof-of-Work and mining pools. Fairbrix (precursor to Litecoin) was a fork of Tenebrix without the founder premine. We also gathering additional information from different sources to make sure we cover all important information or events. It has a circulating supply of 7.3 million coins and ranked as #521 with $1.7 million market cap.
It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology. ZClassic forecast, ZClassic price prediction, ZClassic price forecast, ZCL price prediction, ZCL forecast, ZCL price forecast. These are some other terms to define this ZClassic (ZCL) technical analysis page.
ATH (All Time High) price recorded in our base is $213.02 (2 Year 0 Month Ago), for the previous 52 weeks lowest and highest price for ZCL was $0. ZClassic reached its highest price on 7 January, 2018, when it was trading at its all-time high of $ 247.39. Based on the data, it can be predicted that it is Profitable to invest in ZClassic (ZCL) for the long term.
Bitcoin Private is acryptocurrency that emerged as a result of ahard fork from bitcoin and a simultaneous merge with ZClassic and claims to offer the best combination of features of both cryptocurrencies. The cryptocurrency trades with the symbol BTCP, and is available for transacting on multiple exchanges that include HitBTC, Nanex and Tradeogre. Show full post Hide ZClassic is a cryptocurrency forked from Zcash.
Ethereum Classic price
These are some of the most common queries that impatient or amateur investors have. The fact is - no one can accurately predict future of ZClassic (ZCL).
By long-term, we mean that the ZClassic forecast for a period of 5+ years. CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
While the world’s most popular cryptocurrency, Bitcoin (BTC), has undergone several forks, the one that led to the birth of Bitcoin Private was a special case. Instead of being a standard fork, it was a "fork-merge" which involved simultaneous forking away from the Bitcoin blockchain and instantly merging it with ZClassic (ZCL). The ultimate aim behind launching Bitcoin Private was to combine the inherent privacy-rich features of the ZClassic cryptocurrency with the flexibility, security and popularity of Bitcoin. As Bitcoin gained tremendous popularity over the years, it’s fixed, small block size and slow block timesled to issues related to high fees and longer processing time resulting in a backlog of transactions.
Seeing today's moment the algorithm says that the price of ZClassic (ZCL) tomorrow will be around $0.2814. ZClassic has a market capitalization of 1.085.477 €.
The airdrop and fork-merge took place on February 28, 2018. Essentially, the birth of Bitcoin Private that emerged as a result of a unique “fork-merge” attempted to fix the above problems of bitcoin.