Review on ZClassic by Robiul Islam
Zclassic is financial freedom. It is fair and IMPARTIAL.
The time of Zclassic seems to be nearly gone, but at least there are still some communities that stay but if there are no more additions in the future I think it will begin to be forsaken too.
There have been many issues surrounding Zclassic, it still stands true to the original cryptocurrency and blockchain philosophy, unlike other popular peers. Its increased privacy features and mining potential can make it a good investment, but if a strong and cohesive development team is not behind the project, then you should start looking into other coins.
Updated 5 years ago
Rating has not been changed
ZCL has a relatively small community! ZCL lost some of its reputation as it was used for setting up the Bitcoin Private (BTCP) hard fork. This helped ZEC shoot upward to nearly $200, only to crash within hours - and then manage another spike to $100, taking in even more investors.
Pros
- It's an interesting coin to fork from, which can lead to pumps.
- New development team is being discussed and to be selected somewhere, which can lead to good but kinda risky long-term.
- Zero knowledge proving scheme is a decentralized and open-source technology that offers privacy and selective transparency of transactions.
Cons
- There is no news and currently no announcement and no sign of pump.
- The dismissal of a developer fee created a community driven feeling around the project, but it also led to a lack of unity in the development team. The most critique was completely removing the founders reward. The policy created a volunteer and community run vibe. However, many feel that projects should be completely volunteer funded from the community.
