BTC Private "just another fork?"

in #btcp7 years ago

Hello Just wanted to brag that I got approval of being an ambassador for #BTCP in my country Romania, wanted to make people interested about the privacy option that this coin offers.icon_btcp-1000px.png

So first of all I think it's fair to say that a lot o cryptocurrencies offer privacy the most well known and put to the use in black-markets is Monero. Right now there is no over the edge technological leap by BTCP, but there are 2 differences in mining algorithm one is CryptoNight and the other is zk-Snark. The initial algo of Monero was CryptoNote (wiki for more info) which had a serious flaw exploited by hackers in September 2014 and was repaired by the dev-team.

For a hasty conclusion if you think u missed joining in the Monero market at its beginning, you can try to join the community at BTCP, because this is a new forked coin from ZClassic and Bitcoin. The dev-team is mainly formed from the developers of ZCL with a few additions.

The coin had no ICO, because the developers preferred to accept donations in ZCL, by mining at their pool, not direct transfer and after the fork the exchange ratio of ZCL donated per BTCP was minimum 1:1.25, depending of the amount of donations.Of course there was a 1:1 automatic fork but only for users that had ZCL in tradesatoshi.com exchange. After the fork ZCL plummeted from aprox 101$ to 5$, having days prior to the fork being evaluated at 181$.

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