ZClassic ZCL to Flexacoin FXC Exchange

Crypto Pair Details: ZCL to FXC

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.

Flexacoin FXC

The first app for spending cryptocurrency in stores. Instantly. Start with a Flexa balance in the coin of your choice. We provide support for Bitcoin, Ether, Bitcoin Cash, and Litecoin, with many more currencies coming soon. Take Flexa with you to buy food, electronics, clothes and more. We're integrated with payment terminals in over 35,000 locations worldwide—and counting. When you're ready to pay, just tap to reveal a flexcode. Don't worry about typing in a wallet address or amount; we instantly convert your payment at the market rate.

SOURCE: COINGECKO

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform