On Wednesday, February 28, Bitcoin Private (BTCP) hardfork with the zk-SNARK anonymity protocol will be implemented. It will be based on the bitcoin network and the zero-disclosure proof.
Bitcoin Private will be the first fork, based on the two blockchains at the same time, and the PoW-algorithm Equihash will allow BTCP to be mined via video cards.
The block size of the network will be 2Mb, and the frequency of generation of new blocks will be 2.5 minutes, while each will contain 12.5 BTCP. The required number of blocks to confirm the new block is 100. At the same time, 10 blocks are needed for the shielding and another 10 for the return return from the shielding, which is due to the peculiarities of the zk-SNARK protocol. It is worth noting that the recalculation of the complexity will be performed after each block found.
BTCP coins will traditionally be distributed in a 1: 1 ratio between bitcoin and ZClassic holders.
It is also worth noting that project has a big team and most of them even have profile photos.
While Bitcoin Private is supported by the multi-currency Coinomi wallet and HitBTC, TradeSatoshi and KuCoin.