Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Zclassic, Zcash Fork No Premine, No 20% Founders Tax
by
xenomorphe1
on 17/05/2018, 15:03:11 UTC
!!! Cool   the Official Zclassic Subreddit Community is under NEW management, expect us to be fair and introspective and open to objective analysis . . .


is this the post you were referring to, BitOfTalk? - https://www.reddit.com/r/ZClassic/comments/8gubfp/over_40_of_zclassic_centralized_in_one_wallet/

are you u/TopBestTrend? we have recovered this and reinstated it on Reddit, FYI..


Zclassic Reddit Removed This Post To Hide The Truth:

Sure, they have been removing posts about Anonymous Bitcoin, but they also remove important information like when I posted this link:

https://zcl.blockexplorer.link/richlist

Please look at the top wallet, how much ZCL they hold, and then tell me how decentralized ZCL actually is...

I also looked into where most of the hashrates from pools are comming from:

http://altcoinminingpools.com/equihash/zclassic

I just want to know if the information from these links are correct. Is over 40% of the coin in one wallet? Is over 60% of the hashrates comming from unknown pools? Zclassic reddit removed this before anyone could comment...

With the way things are going, we can expect Zclassic to be listed on bigger exchanges. Also, that big miner coming from unknown pool will definitely need to pump this coin before he can dumps his stash.

Future is bright for zclassic.

Yes thanks, I appreciate it. I had also added this so it is pretty much figured out:

I figured it out. I was a bit coinfused at first!(pun = bit coinfused) I thought that ZCL sent to Bittrex is in a separate wallet. It is for a secound, but then they send it to their wallet, so you don't actually have it. I thought Bittrex only had your private keys, but apparently your wallet has nothing in it the secound after it is recieved. As for the unknown mining pools, it has been brought to my attention that Bitmain is releasing a new equihash ASIC miner (https://www.youtube.com/watch?v=H1XPG2WrIM4). This would probably be where all those hashes are comming from (imo).

The only thing is you can't see how much ZCL is in the Bittrex Wallet. Not all ZCL is listed and they also collect fees, but right now I can only see under 35,000 listed for sale on Bittrex (of the 500 listings)



Hopefully they don't have your private key! Else they can stole the coin. The private key should never be used. Except if you import your wallet on another wallet.
The fees are the transaction fees. Also there is a withdrawal fee which is higher than a normal transaction on exchanges. Also a fee when you make a trade.
You should learn how it works before using coins/tokens. Else, you are going one day to do a mistake.