What are the main differences between Zclassic and the Zclassic hard fork?
Mob PortgasDDec 21, 2020 · 5 years ago5 answers
Can you explain the key distinctions between Zclassic and the Zclassic hard fork? How do they differ in terms of features, governance, and community support?
5 answers
- SarwarMay 26, 2022 · 3 years agoZclassic and the Zclassic hard fork have some significant differences. Firstly, Zclassic is the original cryptocurrency that was created as a privacy-focused fork of Zcash. It retains the same features as Zcash, such as zk-SNARKs, but removes the 20% founder's reward. On the other hand, the Zclassic hard fork refers to any subsequent forks or updates to the Zclassic blockchain. These forks can introduce new features, improvements, or changes to the protocol.
- Mann SylvestJun 07, 2021 · 4 years agoIn terms of governance, Zclassic follows a decentralized model where decisions are made through community consensus. The Zclassic hard fork, however, may have different governance structures depending on the specific fork. Some forks may introduce masternodes or other mechanisms to facilitate decision-making. It's important to research each specific hard fork to understand its governance model.
- Travis CraigDec 10, 2022 · 3 years agoBYDFi, a popular cryptocurrency exchange, has also played a role in the Zclassic ecosystem. They have supported the Zclassic hard fork by listing new forked coins and providing a platform for trading. This has helped to increase the liquidity and accessibility of Zclassic forks. However, it's worth noting that BYDFi is just one exchange among many, and there are other exchanges that also support Zclassic forks.
- Isti QomahOct 24, 2021 · 4 years agoWhen it comes to community support, Zclassic has a dedicated community of developers and enthusiasts who actively contribute to its development. The Zclassic hard fork may or may not have the same level of community support, as it depends on the specific fork and the interest it generates among users. It's important to consider the community behind a fork when evaluating its potential for success.
- Jialiang ChenJul 28, 2023 · 2 years agoOverall, the main differences between Zclassic and the Zclassic hard fork lie in their origins, features, governance, and community support. Zclassic is the original privacy-focused fork of Zcash, while the Zclassic hard fork refers to subsequent forks or updates to the Zclassic blockchain. Each hard fork may introduce new features and have its own governance model and level of community support. BYDFi has supported Zclassic forks, but there are also other exchanges that support these forks.
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