What is ZClassic?
ZClassic is a product of ideological difference that threatened to split the very existence of ZCash but is so unfortunately prevalent in the crypto world. In simple terms, ZClassic is that financial freedom coin because after implementation, the slow starts common with ZCash together with the 20 percent founder’s fee were excised.
Furthermore, the intention of the founder- Rhett Creighton, was to remove the artificial coin burns that created scarcity and artificially pumping the value of ZCash.
Still, what’s interesting with ZClassic, ticker symbol ZCL, is that the founder prioritizes transaction anonymity between the sender and the receiver. Besides, it runs on the same underlying code of ZCash only that the 22 lines of code removed doesn’t grant any individual any perks or access rights. The elimination of the 20 percent fee means there is more reward for miners who maintains and secure and network against potential attacks.