As some of you may know, Zencash is forking from Zclassic (ZCL) on May 18th at 110,000 Blocks. For every 1 Zclassic someone owns, they will receive a free Zencash at the time of the fork (snapshot will be taken) and still retain the Zclassic. It was only recently announced that Bittrex will be supporting this fork:
Link to source: https://bittrex.zendesk.com/hc/en-us/articles/115000201171-Support-for-the-ZEN-Hardfork
I know there is some confusing of the two different dates of May 23rd and May 18th. Essentially, May 23rd is the day the ZenCash Network is launched but May 18th is the day a snapshot will be taken of Zclassic Wallets on Bittrex to determine who receives a free Zencash. ZenCash will then spend a few days to set up the network for miners and secure nodes to ensure the proof of work network is stable which results in their launch on May 23rd.
For those of you who don't know what Zclassic or Zencash is...Zclassic is basically a pure decentralized version of Zcash (20% of all Zcash is premined going to their founders) where all of the mined coins are rewarded to the miners. ZenCash aims to be an upgraded version of the two and wants to aim for a bigger picture than many of it's competitors. Zencash uses a similar Zero-knowledge Proof system like Zcash. However, it aims to set up a decentralized governance system of DAO's that will both competitively and collaboratively improve the system of ZenCash. For more details, I encourage all of you to read the ZenCash whitepaper as well as watch Rolf's (one of the core team members of Zencash Fork) youtube videos explaining the fork. Please see the links below for more information. Don't forget to spread the word that the fork is actually on the 18th and not the 23rd!
Latest Zencash Youtube Update:
If you found this article helpful, please don't forget to vote and earn!
Links and Information:
Website: https://zencash.io/
Whitepaper: https://blog.zencash.io/releasing-the-zen-white-paper/
Zencash Fork Announcement: https://blog.zencash.io/big-news-chain-split-from-zclassic-now-at-block-110000/
Bittrex Fork Announcement: https://bittrex.zendesk.com/hc/en-us/articles/115000201171-Support-for-the-ZEN-Hardfork
Youtube Channel: https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg
No Way!! Damn it! I really thought it is 5/23! Thanks for sharing. All in Zclassic baby.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit