Egretia EGT to ZClassic ZCL Exchange

Crypto Pair Details: EGT to ZCL

Egretia EGT

Egretia is cooperating with Egret Technology, a globally well-known HTML5 technology service provider, set up Egretia Blockchain Lab, combining blockchain with HTML5 technology to create the world’s first HTML5 blockchain engine and platform, aiming for applying blockchain to vertical industries. Bringing Egret Technology's existing 200,000 developers and 1 billion mobile terminal devices into the blockchain world, this project has practical and far-reaching significance. As a cross-platform solution, HTML5 technology has been globally recognized. It covers the Internet, mobile games, video, advertising and other industries, with the global market size of hundreds of billions dollars. After blockchain game CryptoKitties became popular, Ethereum's smart contract applications added a new member - HTML5 games. This project cooperating with Egret Technology, a globally well-known HTML5 technology service provider, set up Egretia Blockchain Lab, combining blockchain with HTML5 technology to create the world’s first HTML5 blockchain engine and platform, aiming for applying blockchain to vertical industries. Bringing Egret Technology's existing 200,000 developers and 1 billion mobile terminal devices into the blockchain world, this project has practical and far-reaching significance.

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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