ZClassic ZCL to SONM SNM Exchange

Crypto Pair Details: ZCL to SNM

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.

SONM SNM

SONM is a global operating system that is also a decentralized worldwide fog supercomputer. With SONM, users have access to general-purpose computing services of a cloud-like nature, including IaaS and PaaS, all of which have fog computing as the backend. Hosts around the world can contribute computing power as part of the SONM marketplace. The leaders of SONM are co-founder Sergey Ponomarev and CTO Igor Lebedev. SONM uses the agile development framework with a self-organizing cross-functional team. The Product Management Board defines the market needs to confirm that products meet business requirements. These include Node (Core), Smart Contracts, Wallet (Client), and Distributed Entity and Integration. Each of these teams has multiple developers, including a lead. Other teams include the Product & Analytics and QA teams.SONM always makes customer satisfaction its top priority. SONM studies the rental resource market to figure out exactly what customers need, delivering the advantages like scalability already mentioned. Additionally, customers will benefit from the Infrastructure-as-a-Service platform that supports all types of hardware resources, making it possible to find the exact resource you need. With SONM, consumers can instantly release and grow resources within the computing fog. In addition, security is always maintained regarding the supplier’s reputation. For added security, SONM is working toward hardware-enforced security, as well. Finally, consumers benefit from high market liquidity in purchasing resources and the ability to scale out their application. SONM’s ICO was held on June 15, 2017 and successfully raised $42,000,000. Paolo Tasca, a digital economist and blockchain expert, joined the SONM Advisory Board. Tasca is the Executive Director of the Centre for Blockchain Technologies at University College London, as well as a blockchain consultant to the United Nations and EU Parliament, and the co-editor of “Banking Beyond Banks and Money: A Guide to Banking Services in the Twenty-First Century.”'

SOURCE: COINGECKO

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