Why invest in Zclassic

jvanmulders (25)in #zclassic • 7 years ago

9 Zcash technology could prove faulty as this is very new, cutting edge cryptography. The exchanges where the coins are traded on might be hacked or steal the coins or any other unexpected event. The reader should however be advised that these returns are the counterpart to a very high risk level. Altcoins are still a Wild West frontier market, and the Zclassic investment is bound to have a binary outcome. Because of the very nature of a currency, a coin may very well have the very best technology and yet remain worthless if it fails to garner sufficient momentum and believers to reach a critical mass that would trigger awareness within the crypto-space and widespread adoption. That is the main challenge Zclassic will face, but a host of unpredictable events could yet hinder its adoption. To name a couple, the relatively new Zcash technology could ultimately prove faulty in spite of its cutting edge cryptography protocols or the exchanges where the coins are traded on might be hacked. If Zclassic doesn't take off, the lack of liquidity will make it very hard to exchange back to Bitcoin without a loss. On the other end, considering the low market cap, even a moderate amount of money flowing into Zclassic combined with some grassroots activity might be enough to create a virtuous cycle and put in on the map for good. This is one of an extremely rare kind of investment that could easily yield a tenfold profit. The reader must however be advised not to invest any assets he cannot afford to lose, for if the expected return is very high, the associated capital loss risk is also far from negligible

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Roadmap
We are about to see a major change in the cryptocurrency ecosystem. Massive nation-state directed surveillance and blockchain analysis has deprecated the pseudo-anonymous features that Bitcoin once had. Tremendous bureaucracy and massive infighting has divided the Bitcoin development community and they will never adopt truly anonymous blockchain technology. This is where alternatives begin to emerge and take Satoshi's manifesto to the next level. And so far the anonymity-focused alternatives to supercede the Bitcoin implementation fall short of being satisfactory. They lack ambition, they lack utility, and they absolutely lack sight of the future. Zclassic developers are true subversives hellbent on taking Bitcoin marketshare and replacing it with Equihash technology. In our mind, it is not enough for Equihash to succeed and it does not stop once Bitcoin is fully deprecated. We intend to surpass Monero and also to make the Zerocoin Electric Company obsolete. We will only rest when the majority of global transactions become untraceable and privacy is guaranteed. Initially launched in November 2016, Zclassic already boasts a marketcap of nearly $500,000 USD and it continues to grow and strengthen each day. In a few months we can expect the marketcap to exceed $1,000,000 USD and greater adoption to occur. The first three months of the coin have been widly successful:
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Zclassic developers launched the first open-source Equihash technology mining pool
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Zclassic developers successfully ported over the zero-knowledge cryptograhic library onto the Windows platform
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The Zclassic Slack/Rocketchat community has grown to over 800 users (Zcash-affiliated chat holds 897 users)
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Zclassic developers successfully launched Zdeveloper.org, a website to consolidate Zcash and Zclassic information Phase I of the Zclassic roadmap is nearly complete. This entails creating the software needed for early adopters to join the community and to allow it to initially grow; this included developing early graphical wallets, developing free and open-source mining pool software, writing readily available tutorials and guides, and also includes building up the chat community to sufficient size. Phase II of the Zclassic roadmap will begin in the first weeks of March 2017. The purpose of this phase is to develop software and a communication plan to make Zclassic a mainstream darknet cryptocurrency. However funding is urgently needed to help bolster and incentivize development. During phase II the following projects will be developed:
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Wider cryptocurrency marketplace adoption in order to increase overall liquidity and introduce new cryptocurrency traders to the Zclassic platform
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Execute a direct communication plan and strategy in order to attract Chinese crypto-speculators onto the Zclassic platform
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Brand new graphical wallets using the Electron cross-platform codebase. This will allow the graphical wallet to be used on all platforms (MacOS, Windows, Linux, Android, iPhone, etc).
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A rewrite and upgrade of the BitWasp anonymous marketplace platform to use Equihash technology in order to lower the bar for marketplaces to use Zclassic. This will additionally allow for new anonymous marketplaces to emerge on the darknet and to use Zclassic. Once Phase II is complete and those capabilities are developed then Zclassic will very likely be the most significant cryptocurrency in the darknet arena. Zclassic will then shift attention towards directly competing with Bitcoin.

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Websites directory
Official Community Website
This is where you go first. The official Zclassic website is offering you all the links and tools for you to get started with ZCL. Go there to download your wallet, to find your mining pool or a place to talk about Zclassic.
http://zclassic.org/
Discussing about Zclassic
You want to find the Zclassic community? These links will lead you to the right places. SLACK : https://rocketchat.zdeveloper.org/ REDDIT : https://www.reddit.com/r/Zclassic/ TWITTER : https://twitter.com/ZclassicCoin BITCOINTALK THREAD : https://bitcointalk.org/index.php?topic=1671982.0 ZCLASSIC FORUMS : http://zcltalk.tech/
Exchanges
This is where you can buy Zclassic for now.
BITTREX : https://bittrex.com/Market/Index?MarketName=BTC-ZCL C-CEX : https://c-cex.com/?p=zcl-btc CRYPTOPIA : https://www.cryptopia.co.nz/Exchange/?market=ZCL_BTC TRADESATOSHI : https://www.tradesatoshi.com/Exchange?market=ZCL_BTC
Metrics
Here you’ll find the main metrics websites. They
all provide charts and the current price, but also
informations about the coin’s ranking (coinmarketcap) or