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

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Bitcoin Private

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.

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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.

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Altcoins

XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Altcoins

Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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Altcoins

XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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