Davinci Coin DAC to ZClassic ZCL Exchange

Crypto Pair Details: DAC to ZCL

Davinci Coin DAC

Our world is composed of a myriad of communities from the individual to a family community to larger communities of the workplace and society. From now on, these communities will be connected through decentralized blockchains and these blockchains will be closely linked to another community’s blockchains, ultimately forming an ecosystem. The Davinci Project enables everyone to use a highly efficient, fast, secure and simplified payment system among nations while also minimizing the complexity of financial and accounting verifications. Also, a strengthening global trade and investment system has collapsed the boundaries of national currencies. Moreover, the credit information of foreign companies will be transparently managed. In addition, the distributed networks will have tightened security and reduced costs. Surplus resources will be shared. The transaction histories of real estate will be digitized and will also be managed transparently. The Davinci Project will be the foundation for industries such as voting, prediction systems, firearm security, human resources, insurance companies, Internet of Things (IoT), energy, education, donations, and so on. The Davinci Project was created to construct an ecosystem that encompasses cultural, artistic and other various fields, while linking domestic and international exchanges in the network from the private sector.

ZClassic ZCL

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.

SOURCE: COINGECKO

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