Binance zclassic

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    The zero-information proofing scheme is a decentralized and open-source technology that offers the confidentiality and selective transparency of transactions.

    Zclassic fork a Zcash: (@HeyRhett) decided to choose another way by removing the 20% fee. Miners are just getting their rewards, we think they deserve it, and coin development can be supported by society.

    ZCL is different from ZEC by removing the slow start (source); We do not deliberately engineer scarcity: the market price is determined. We used the same parameters produced at the famous safe “reliable installation meeting” (source) that Peter Todd attended and confirmed to us that it is safe to use (source).

    If only one of the participants has kept and destroyed the key secret, the whole system is safe.

    Answered on August 1, 2019.
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