ZCL rising due to the news of Bitcoin Private hard fork

Zclassic founder is working on the project and ZCL will undergo a hard fork in 2018 after which all ZCL holders will receive Bitcoin Private tokens
27 December 2017   2865

ZClassic is a coin that appeared on November 6, 2016 forking from ZCash in order to bring such changes as the removal of slow start and 20% founders reward. ZClassic did not receive a lot of public attention lately due to absence of any outstanding announcements, but from December 8, when Rhett Creighton tweeted that he would resume work on ZClassic, the coin started actively rising in price.

  • Total circulating supply of BTCP: 18,500,000 BTCP (supply BTC + supply ZCL)
  • Max supply BTCP: 21,000,000 BTCP

As it is stated on ZClassic subreddit thread, if the users own Zclassic and/or Bitcoin during the snapshot, they will receive Bitcoin Private in the ratio of 1:1. The users are not recommended to hold ZCL and BTC on Bittrex because it is still unclear if they will support the fork or not.

The community is still in the process of deciding the details of the fork, choosing between non-SegWit BTC addresses and BCH addresses.

The news about the upcoming fork and Bitcoin Private tokens distibution attracted lots of attention to ZClassic coin and the users started actively buying it in order to receive distributed tokens. This lead to the surge in ZClassic price which rose 453% within past 7 days and 175% within past 24 hours.

Zclassic in the list of coins ranked by market capitalizationZClassic in the list of coins ranked by market capitalization

The price of ZClassic grew from $4,66 on December 20 to $31,9 on December 27 while the market capitalization increased by $50 million within only one week reaching the mark of $57 million at 6:04 UTC on December 27.

ZClassic Charts december 2017ZClassic Charts

At the moment of press, these are the main market parameters of ZClassic:

  • Average Price: $25,72
  • Market Cap: $46 542 627
  • 24h Volume: $25 396 900 

Tron and Zencash are Now accepted at Pornhub

The world’s largest adult entertainment websites Pornhub, now accepts cryptocurrency Tron as payment: this is significant for the newly independent Tron
27 June 2018   711

Tron was ran on the Ethereum blockchain in April 2017 but soon declared itself as a competitor to its progenitor. It then migrated to a Beta version of its own blockchain at the end of May. Tron`s value has been steadily falling since its migration.

TRON

TRON charts

Pornhub introduces major new marketplace for Tron. Working since 2007, the site issued its 2017 ‘year in review’ in January and the numbers are staggering. 81 million visits a day (or 28.5 billion a year), 25 billion searches performed (that’s 800 per second), 68 years worth of porn uploaded, and 3,732 petabytes of data transferred - “every 5 minutes Pornhub transmits more data than the entire contents of the New York Public library’s 50 million books.”

Decentralized payment systems have continued to grow in popularity, and cryptocurrency adoption is exploding across a broad economic spectrum. Today, cryptocurrencies are especially viable in the adult entertainment industry because they are privacy-centric and incorporate more anonymity tools than traditional tender.
Corey Price
Pornhub VP

Another digital currency now accepted by Pornhub is Zencash, that is a fork of Zcash. Like it Zcash, Zencash is an anonymity-focused coin. Both they are similar but Zencash has additional features such as encrypted messaging and secure nodes - a small number of blockchain nodes that protect the blockchain from attacks, motivated to do so with a reward system similar to proof-of-stake. It has a market cap of $67 million (Zcash is at $682 million).

Pornhub was acquired by MindGeek in 2010. MindGeek is a Canadian pornography group that has been aggressive in its acquisitions over the last decade, according to Forbes, and now owns 8 of the 10 largest pornography websites. Tron has been making huge steps since its migration. It purchased software firm BitTorrent at the beginning of June for an amount which stays undisclosed but is reckoned to be well over $100 million. Some found this puzzling because BitTorrent is a file sharing website that is completely open source.

Tron Price at the Moment of Press: $0,039690 
Market Cap: $2 609 542 551
Volume (24h): $109 684 000