{"id":5920,"date":"2022-03-05T23:29:52","date_gmt":"2022-03-05T23:29:52","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/zclassic-whitepaper\/"},"modified":"2022-03-05T23:29:52","modified_gmt":"2022-03-05T23:29:52","slug":"zclassic-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/zclassic-whitepaper\/","title":{"rendered":"ZClassic Whitepaper"},"content":{"rendered":"<div id=\"post-742\">\n<div class=\"entry-content\" readability=\"55.52034261242\">\n<p>Zclassic is a decentralized blockchain which uses the Zcash source code with the 20% Founder\u2019s Reward removed.<\/p>\n<p>Zclassic Mission<br \/>Zcash is a cryptocurrency run by the Zero Coin Inc. In order to fund their operations, a 20% mining \u201cFounder\u2019s Reward\u201d is included.<\/p>\n<p>Every block, in order to maintain consensus, miners running the Zcash code send 20% of their newly mined rewards to an address controlled by the Zero Coin Inc.<\/p>\n<p>Because the Zcash source code is open source, Zclassic simply removes the 20% Founder\u2019s Reward. This gives people the option to mine a blockchain using the same technology of Zcash, but without paying the 20% Founder\u2019s Reward.<\/p>\n<p>The mission of Zclassic is to stay as similar to Zcash from a technology perspective, but to never take any pre-mine, founder\u2019s-reward or any other kind of fee that goes to a small group of individuals with special permissions whether elected, appointed, or otherwise.<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/Zclassic.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Zclassic<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zclassic is a decentralized blockchain which uses the Zcash source code with the 20% Founder\u2019s Reward removed. Zclassic MissionZcash is a cryptocurrency run by the Zero Coin Inc. In order to fund their operations, a 20% mining \u201cFounder\u2019s Reward\u201d is included. Every block, in order to maintain consensus, miners running the Zcash code send 20% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5920","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=5920"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5920\/revisions"}],"predecessor-version":[{"id":5921,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/5920\/revisions\/5921"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=5920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=5920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=5920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}