ZClassic released beta version of a desktop wallet

The development team of ZClassic announced ZClassic Wallet beta release available on desktop for Mac, Windows, and Linux
09 January 2018   1599

On January 9, the team behind ZClassic has made an announcement presenting the beta release of ZClassic desktop wallet, which the development team worked nonstop on to get the wallet to the users. It was reported that 100 volunteers have already tested the wallet alpha version.

The release of the wallet can be found on GitHub, and the team reported that they have put together 6 dedicated server nodes around the globe to ensure connectivity for all users with more to come.

Nevertheless, the team highlighted that this is a beta version, which means that there are some issues noted in alpha testing that may be unresolved:

  • Users cannot import a private key into the wallet, though they can export it. The only way to import your wallet is with a wallet.dat file placed in C:\Users\Your-Username\AppData\Roaming\Zclassic
  • Sometimes the program does not start properly on the first start up
  • The sync status jumps around a lot when users first start the program, but eventually it should synchronize
  • The Mac version only works on the latest version of Mac OS (High Sierra and Sierra) and will not work on older versions
  • The program is 64 bit and will not work on 32 bit OS
  • When sending funds, users should allow for a small transaction fee and are recommended to leave at least 0.0001 ZCL in the wallet to pay for a fee when performing transactions
  • Users cannot run this wallet simultaneously with ZCash wallet
  • Transparent addresses will not show in the "addresses" tab until a transaction has posted to it, and users are recommended to make one in the "receive" tab and then use immediately

Previously, we have reported that the hard fork of ZClassic under the name Bitcoin Private was scheduled for January of 2018, but no exact date was known.

Currently, the general trend of ZClassic price is rising, as it grew 83% within past week, increasing from $85 on January 3 to $239 on January 7, but then significantly dropping to the point of $185 on January 9. Nevertheless, the market capitalization of the coin increased from $196 million to $334 during the course of past 7 days.

ZClassic Charts january 2018ZClassic Charts January 2018

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

  • Average Price: $187,80
  • Market Cap: $339 885 869
  • 24h Volume: $25 122 100

Parity to Create Alternative Client for Zcash

New node will be written in the Rust language and will become the first alternative client for zcashd
20 March 2019   153

A leading developer of ecosystem solutions for Ethereum, Parity Technologies has announced a partnership with the Zcash Foundation. As part of this cooperation, the first alternative client for the private cryptocurrency Zcash will be created.

The message notes that the new node will be written in the Rust language and will become the first alternative client for zcashd - own client of Zcash Company.

In addition, according to the Zcash Foundation, Parity's expertise in creating the implementation of network nodes in networks with multiple clients demonstrated the importance of developing communities and further decentralization.

Our technical collaboration with the Zcash Foundation will bolster the cryptocurrency as a tool for financial privacy. We’re excited to leverage the time and expertise that we’ve already invested in Parity Bitcoin, while familiarizing our engineers with zero-knowledge cryptography and building a foundation for a Polkadot Zcash bridge.
 

Fredrik Harrysson

CTO, Parity

On Tuesday, March 19, the Chinese manufacturer of equipment for mining cryptocurrency Bitmain introduced the device Antminer Z11 based on a 12-nm chip. The new miner is focused on mining ZCash and other cryptocurrencies based on the Equihash algorithm, and as Bitmain claims, it is three times more powerful than its predecessor Antminer Z9 mini.