ZClassic is a digital coin that uses zero-knowledge proofs to enhance privacy in transactions. It also allows selective transparency. It is a Zcash fork thus sharing a lot of Zcash features. It utilizes the Equihash algorithm and PoS (Proof of Stake) mining but does not retain any founders' reward like in the case of Zcash. Zcash used to retain 20% as the founders' reward which was unfair to the rest of the coin's community. ZCL has eliminated the slow start of 20,000 blocks feature to allow theShow more [+] market to determine its demand and supply and thus its price.
ZCL is supported by Coinomi, Electrum, Full-node, Paper and Carbon Wallets. The coin has a total supply of 21 million coins, with a block size of 2.5 minutes and a block reward of 12.5 coins. The coin is listed for trade in various exchanges including Bittrex, Cryptopia, CoinExchange and Trade Satoshi among others. The coin is maintained by its community.
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