FREE BITCOIN

Gamble as you want,

your wife will never find out!

First p2p bitcoin betting platform!

Guess Bitcoin’s trend and win!

Clever enough to guess

Bitcoin price?

Bitcoin Private (BTCP) is Gathering Community Feedback on ZClassic (ZCL) Proposals - Global Coin Report
Connect with us

Blogs

Bitcoin Private (BTCP) is Gathering Community Feedback on ZClassic (ZCL) Proposals

Published

on

Bitcoin Private
READ LATER - DOWNLOAD THIS POST AS PDF

It’s been only several hours since Bitcoin Private (BTCP), a ZClassic fork that turned out to be one of the more successful hard fork products, started a thread on Reddit addressing the latest point of interest. That is considering proposals submitted by two teams interested in establishing a rock-solid future for ZClassic.

The two teams “competing” for the authority to make further contributions for ZClassic as well as for blockchain technology are named ZclassicCE and ZClassic Blue, each having their own idea of how the future of ZClassic should look like.

Both teams have gone forward with submitting their proposals for ZCL over to the team behind Bitcoin Private so that is why BTCP has started the thread on Reddit regarding this subject in order to collect the community feedback on both teams.

Bitcoin Private Presents ZclassicCE and ZClassic Blue

Regarding the matter of what is going to happen with ZClassic. ZClassic is still alive and well, following the current market trends, however, ZClassic is waiting for a new dev tea that would be able to take this digital asset to the next stage of its development, and that is how we now have two teams, ZclassicCE and ZClassic Blue presenting their ideas for the future of ZCL while submitting their official proposals to BTCP team.

The team ZclassicCE has gone forward with submitting their official proposal not that long ago, stating that the reply that came back from team BTCP announced that they will have an answer for ZclassicCE by September 1st.

The idea that ZclassicCE team has for ZCL is to transform the current asset known as ZClassic (ZCL) to AZCL while holding no forks that would in any way produce another coin like it was the case with ZCash and ZClassic back when ZCL was forged.

Since then the team ZClassic Blue has also sent their proposal for ZCL to the team behind Bitcoin Private, also describing zk-SNARKS technology within their proposal, but offering somewhat different solutions for this digital asset.

Apparently, the team ZClassic Blue is planning on making an overhaul of the ecosystem while making the Masternode verification available, while also suggesting new desktop and Android-supported wallets.

Both teams seem to be making some great points, altogether creating a beneficial surrounding for the future of ZCL, so the community seems to be divided between the two teams, while a portion of Redditors believes that both teams should get the chance to have their proposals pass.

Whichever the opinion on both teams, Bitcoin Private has gone forward with submitting both teams’ proposals within the Reddit post, that way presenting ZclassicCE and ZClassic Blue proposals and allowing the community to provide feedback based on the proposed changes.

By far, there doesn’t seem to be an obvious “winner” between the two, if there will be winners after all.

ZClassic Starts a Partnership with Anonymous Bitcoin (ANON)

ANON, Anonymous Bitcoin announced from their official Twitter page several days ago that ANON will be entering a partnership with ZClassic.

The news came as more than significant for ZCL as the digital coin was left without an official dev team for over 4 months now, while ZclassicCE and ZClassic Blue teams gave their best in assuring that ZCL will get to see some future.

ZCL was also announced in an airdrop that should be organized by ANON where it is stated that ANON will be giving away around 5.000 ZCL units to contributors across the community.

Anonymous announced a double partnership with ZClassic and uRunit.io, announcing “partnerships before forking”.

With this partnership, ZCL and ANON will most certainly get some points on increased adoption given the fact that uRunit users would be able to spend ZCL and ANON for gambling on this platform, represented to the public as the introduction to “a new era in gambling industry”.

As of the most recent case of events, Bitcoin Private has taken over the official Twitter account of ZClassic, so after starting a thread on Reddit, the BTCP team has also asked for the community help through Twitter as well, asking for “community input on proposals submitted for taking over ZCL”.

ZClassic (ZCL) Performance

ZClassic, although without an official dev team for months now, is still complying to the trending currents in the market, which means that ZCL is currently going down in the red alongside with the majority of digital assets.

The market has been acting sluggish for a couple of days now, so ZCL fell by -4.49% in the last 24 hours, currently being traded at the price of 7.72$. ZCL lost over 90% of its value during the last couple of months; however, there is a hope among the community that the new changes could take to a potential rebound against the dollar in the following months.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Blogs

The Crypto Space Once Again Divided Over Bitcoin SV

Published

on

Bitcoin SV
READ LATER - DOWNLOAD THIS POST AS PDF

The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

Continue Reading

Blogs

Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

Published

on

Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

Continue Reading

Blogs

Bitcoin, Litecoin, Ethereum, and Ripple On the Rise

Published

on

Bitcoin
READ LATER - DOWNLOAD THIS POST AS PDF

The recent development in the cryptocurrency industry is a rise in price for many of the core digital coins. We believe that the unexpected price hike is due to the renewed interest of the key players in the industry. Many investors, speculators, and traders are rushing into the number one cryptocurrency; Bitcoin like never before. Other altcoins such as Ethereum, Ripple, and Litecoin are not dormant either. The effect of the influx is the soaring prices of the digital coins within seven days.

The price of the crypto leading giant-Bitcoin has increased at 25.74 percent in one week. Ethereum also gained 18.76 percent increase in its price. Litecoin and Ripple also recorded some percentage increase in the tune of 53.20 percent and 16.12 percent respectively. It is no just these few popular coins that have gained in one week. From what we have gathered, 94 digital coins amongst the leading 100 cryptocurrencies are also experiencing the rise in price. This information is according to what TradingView published in April 2019.

According to them also, other cryptocurrencies gained in value while others declined. From their calculations, six digital currencies advanced while ninety-four was on the decline. Also, another information shows that the increase in Bitcoin price has reduced the value of other assets such as bonds and stocks.

The possible reason for the rally

Many people are wondering…

Continue Reading

Elite