DeepOnion ONION to ZClassic ZCL Exchange

Crypto Pair Details: ONION to ZCL

DeepOnion ONION

'DeepOnion (ONION) describes itself as a decentralized, open-source, community-driven cryptocurrency that offers multi-layered privacy and everyday use cases. It uses an x13 hybrid PoW/PoS to secure the network. DeepOnion claims to be one of the earliest cryptos to integrate the Tor network into the DeepOnion wallet, which has reportedly not leaked any IP addresses since its release on 12 July 2017. Features delivered by the DeepOnion team: DeepSend as a base solution for private and untraceable payments without relying on cryptographic encryption. DeepVault to register and verify digital files with the DeepOnion blockchain. VoteCentral, a balanced and non-biased voting platform for the community. WooCommerce, Shopify and OpenCart payment plugins for merchants. More info can be found at (https://DeepOnion.org)'

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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