Zclassic Price (ZCL)

The live Zclassic (ZCL) price today is $ 0.270174, with a 9.09% change over the past 24 hours. The current ZCL to USD conversion rate is $ 0.270174 per ZCL.
Zclassic currently ranks #- by market capitalisation at $ 2,832,682, with a circulating supply of 10.37M ZCL. During the last 24 hours, ZCL traded between $ 0.246817 (low) and $ 0.317817 (high), reflecting market activity. Its all-time high stands at $ 230.95, while the all-time low was $ 0.00536518.
In short-term performance, ZCL moved -1.18% in the last hour and -36.59% over the past 7 days. Over the past day, total trading volume reached --.
The current Market Cap of Zclassic is $ 2.83M, with a 24-hour trading volume of --. The circulating supply of ZCL is 10.37M, with a total supply of 10368723.83060997. Its Fully Diluted Valuation (FDV) is $ 2.83M.
-1.18%
+9.09%
-36.59%
-36.59%
During today, the price change of Zclassic to USD was $ +0.02250674.
In the past 30 days, the price change of Zclassic to USD was $ -0.1176530770.
In the past 60 days, the price change of Zclassic to USD was $ +0.0691971269.
In the past 90 days, the price change of Zclassic to USD was $ +0.26436658910622301.
| Period | Change (USD) | Change (%) |
|---|---|---|
| Today | $ +0.02250674 | +9.09% |
| 30 Days | $ -0.1176530770 | -43.54% |
| 60 Days | $ +0.0691971269 | +25.61% |
| 90 Days | $ +0.26436658910622301 | +4,552.23% |
In 2040, the price of Zclassic could potentially see a growth of 0.00%. It could reach a trading price of $ --.
Zclassic is a fork of Zcash founded by Rhett Creighton but with the 20% founders’ reward and slow start removed. Miners are simply earning their fair reward, we believe they deserve it, and the coin development can be supported by the community. ZCL also differs from ZEC by removing the slow start (source), we are not trying to deliberately engineer scarcity: The Market decides the price. We are using the same parameters which were produced in the now famous secure "trusted setup meeting" (source) where Peter Todd participated, and he confirmed to us (source) they are safe to use. If just one of the participants kept their key secret and destroyed it, the whole system is secure.
Zcash is a cryptocurrency run by the Zero Coin Inc. In order to fund their operations, a 20% mining “Founder’s Reward” is included. Every block, in order to maintain consensus, miners running the Zcash code send 20% of their newly mined rewards to an address controlled by the Zero Coin Inc. Because the Zcash source code is open source, Zclassic simply removes the 20% Founder’s Reward. This gives people the option to mine a blockchain using the same technology of Zcash, but without paying the 20% Founder’s Reward.
The mission of Zclassic is to stay as similar to Zcash from a technology perspective, but to never take any pre-mine, founder’s-reward or any other kind of fee that goes to a small group of individuals with special permissions whether elected, appointed, or otherwise.
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What is Zclassic about?
Zclassic is a fork of Zcash, founded by Rhett Creighton, with the removal of the 20% founder's reward and the slow start mechanism. It aims to ensure that miners receive their fair rewards without any additional fees or pre-mine benefits for a select group. The coin's development is supported by the community, and its value is determined by the market, emphasizing organic scarcity rather than deliberate engineering.
What makes Zclassic unique?
Zclassic stands out by eliminating the 20% founder's reward present in Zcash, allowing miners to keep their full rewards. It maintains the same secure parameters as Zcash, including the "trusted setup" verified by Peter Todd, ensuring the system's security as long as at least one participant kept their key secret and destroyed it. This approach gives users a choice to utilize Zcash's technology without the additional fee.
What's the history of Zclassic?
Zclassic was created as a response to Zcash's 20% founder's reward, which funds Zero Coin Inc. By forking Zcash's open-source code, Zclassic removed this reward, offering a blockchain that leverages Zcash's technology without the fee. This fork ensures that mining rewards go entirely to miners and the community, aligning with its mission of fairness and decentralization.
What's next for Zclassic?
Zclassic aims to continue its alignment with Zcash's technological advancements while maintaining its core principles of no pre-mine, founder's reward, or special fees. The focus remains on community-driven development and ensuring miners are fairly compensated, allowing the market to dictate the coin's value and scarcity.
What can Zclassic be used for?
Zclassic can be used similarly to Zcash, leveraging its privacy-focused blockchain technology for transactions. It serves as an alternative for those who prefer a mining model without the founder's reward, promoting a more community-centric and decentralized cryptocurrency ecosystem.
What is the current price of Zclassic?
Zclassic is trading at £0.20170204530637770000, experiencing a price movement of 9.08% over the last 24 hours. This figure reflects real-time pricing aggregated from global exchanges.
How does today's price compare to historical levels?
The ATH of Zclassic is £172.4188388353725000, while the ATL is £0.0040054475243245890000. Comparing the current price to these levels can help investors evaluate long-term potential and previous growth cycles.
What is the overall valuation of ZCL today?
The market capitalization sits at £2114776.97003620110000, placing the asset at rank #2610 among all cryptocurrencies.
How active is Zclassic's market participation?
The asset has generated £-- in 24-hour trading volume, showing how frequently traders are engaging with ZCL.
What is the circulating supply and why does it matter?
With 10368260.94095875 tokens currently circulating, supply dynamics influence scarcity, inflation rates, and long-term valuation trends.
What category does Zclassic fall under?
Zclassic is part of the Smart Contract Platform,Privacy Coins,Layer 1 (L1),Proof of Work (PoW) classification, which groups it with other assets sharing similar utility or ecosystem roles.
How does -- impact ZCL's value proposition?
Operating on the -- network enables ZCL to leverage specific transaction speeds, fees, security models, and smart contract functionalities, contributing to its overall adoption.
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