1 Zclassic gets you 1 Zencash!

in #beyondbitcoin8 years ago (edited)

If you currently hold Zclassic or get any Zclassic before block 100,000 (approx 04/29/2017) you will receive 1 Zencash for every 1 Zclassic you have.

Now if you are unaware what Zclassic is.. I first mentioned it 6 months ago, and I am also quoted on their main page from a Steemit post where I said "Zclassic is basically the same thing as Zcash only 100% of the coins mined go to the miners instead of 20% going to the founders."

Zencash is basically an upgrade from Zclassic..

It is an evolution of the Zclassic codebase built by Zclassic's original developers aimed at primarily enabling intrinsically secure communications and resilient networking. As a platform it enables secure global messaging, persistent file storage, and completely anonymous economic activity.

At block 100,000 (somewhere around April 29, 2017) the Zclassic network will execute a purposeful divergence into two blockchains; Zclassic and the newly formed Zen network. Zclassic will retain its original functionality and feature set but the Zen network will be adapted to include segregated witness (segwit) support and additional cryptographic technologies.

Anyone who holds Zclassic prior to block 100,000 (somewhere around April 29, 2017) will be allocated a 1:1 amount of Zen automatically. Simply import your private keys into the new Zen wallet to redeem your tokens. We are also working with the various exchanges to ensure everyone will be credited appropriately on their platforms.


Zencash claims to be more private than Zcash, which aims to be a secure and reliable cryptocurrency with the additional features of a distributed, and secure basic communication system.

Basically Zencash is a fork of Zclassic, which is a fork of Zcash, which is a fork of Bitcoin with the addition of shielded private transactions. So all in all this is a triple-forked version of Bitcoin, and it looks like in a current world of private transactions taking some of Bitcoins spotlight, Zencash has some big shoes to fill.. Let's hope it can live up to the hype!

Post - Vote - Earn :D


Information from https://bitcointalk.org/index.php?topic=1819977.0

Official website: https://zencash.io
Github: https://github.com/zencashio
Twitter: https://twitter.com/zencash_io

Zclassic Slack: https://zclassic.herokuapp.com/ & https://rocketchat.zdeveloper.org/
ZCL BCT ann. : https://bitcointalk.org/index.php?topic=1671982.0

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Is Zclassic listed on any exchanges (what's the symbol)?

An update - it appears that this was incorrect, the fork will happen on the 23rd of May.

Also they apparently are working with the exchanges to give users their ZenCash automatically, but nothing wrong with being safe holding your private key with a wallet.

Will you be just leaving your Zclassic on the exchange for the ZenCash add, or transfer to Eleos wallet?

If the currency is in Eleos wallet, will our ZenCash get credited there?

Having ZCL in my Eleos Wallet, but it seems impossible to import the private keys into my ZENCash Desktop Wallet. It says import succeeded, but nothing is there. Any suggestions anyone?