ZCL Daily Chart In other words, something is getting markets excited about ZCL right now and it’s causing a wave of speculative volume to flow towards the coin. What is getting markets excited and what does it mean? In other words, is it sustainable and can it support continued advance? Let’s take a look. This one is a privacy type coin that was set up on the back of a fork of the Zcash blockchain. Many reading will likely be already familiar with Zcash but, for anyone that isn’t, it’s defined as a cryptocurrency aimed at using cryptography to provide enhanced privacy for its users compared to other cryptocurrencies such as bitcoin.

Basically (there’s no real need for us to go into the protocols that underpin this technology for the purposes of this discussion), Zcash uses a masking type technology that serves to hide certain details associated with a transaction while, at the same time, maintaining certain elements of the transparency that’s associated with bitcoin. Specifically, everything is recorded on the blockchain and anyone using an explorer can see that a transaction took place but they can’t see who is on either side of the transaction (i.e. Who sent the ZEC, in the case of a Zcash transaction and who received it) or how much was sent. So why did ZClassic decide to fork the Zcash chain? Because while Zcash was designed to fix some of the privacy issues associated with BTC, there were a number of undesirable elements built into its protocol. One of these was that the founders of Zcash take 20% of the rewards (the rewards that, in bitcoin, are paid to miners) for the first 4 years subsequent to release, leading to 10% control of the entire monetary supply.

Another is that there is a slow start system built into Zcash, which would essentially make it very slow and difficult to mine the first 20,000 blocks, leading to a potentially artificially inflated market price. ZClassic got rid of these features. Ethereum ETH Mining Will End. That’s a bit of background, what’s making the coin run now?

The team just announced that it’s forking again to create what’s going to be called Bitcoin Private. This is going to work (basically) in the same way that ZClassic works but will be rebranded as above. What does this have to do with anyone buying ZCL?

How to mine Zclassic (ZCL) on pool Explained in details how to mine Zclassic. I am able to help setting up you mining rig or farm for reasonable price. Which tomorrow I can then by more ZEC than I could buy today why wouldnt I do it? Anyways you should be encouraging people to mine ZClassic - it brings down the difficulty of mining ZCash! Why do you make your own job harder? Is just stupid. If it works, it works. If I say i want to mine. Well it happend, ZCL. ZEC/ZCash will die, ZClassic is here now. Crosswire 2016-11-12 14:49:33 UTC #1. Well it happend, ZCL.

Anyone that owns ZCL at the time of the fork will receive BCTP (which is the ticker being used to refer to the upcoming Bitcoin Private) on a ration of 1:1. Markets are assuming, therefore, that there’s going to be a dramatic increase in price on the BTCP as and when they hit exchanges and that, through ZCL, there’s an easy way to pick up plenty of BTCP incredibly cheap.

So is this a genuine opportunity? Well, yes and no. If it plays out as described above, then yes. However, we don’t know when (or even if) the major exchanges are going to support this fork (i.e. Whether they will issue BTCP to anyone holding BTC or ZCL at the projected ratio) and, as such, there’s a risk built into any position held in ZCL ahead of the fork.

With that said, it could be well worth a punt given the upside potential at current ZCL prices. We will be updating our subscribers as soon as we know more. For the latest on ZCL, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of ZClassic. Towards the end of last week, we took an objective look at the action we were seeing in the cryptocurrency markets and tried to pick out a few coins that we felt had the biggest potential for turnaround once the markets recovered.

As anyone who caught our coverage will already be aware, one of our top picks (and the one that we suggested was probably the most secure coin outside of the majors) was Ripple (XRP). Our thesis was relatively simple.

Ripple had tanked in line with wider markets but, unlike many of its competitor coins and peers in this space, the company behind the currency had been pushing forward from an operational perspective and was making some real headway in terms of enterprise-level adoption of its flagship technology. XRP Daily Chart In turn, we suggested that this divergence (between the company’s operational developments and the price of XRP, its representative token) represented a real opportunity to pick up some cheap coins in anticipation of the gap closing out. And as it turns out, we were spot on. At the time of our coverage, XRP had dipped as low as $0.63 a piece.

Remember, this is a coin that was trading in excess of $3 just a few weeks ago. Then, late on Friday,. For those that didn’t catch the news, Santander announced in its quarterly review that the company would be rolling out a mobile device application this year that will support free, instant cross-border transactions for its users in Spain, Brazil, the U.K. And the technology on which the application rests? Ripple’s xCurrent, of course.

Ripple chief executive Brad Garlinghouse announced the move to his followers on Twitter, noting that the app will be released this quarter, and Santander followed up the announcement with a dedicated section in its quarterly presentation, with a spokesperson saying: “We plan to launch this in the next few months, and we can confirm on the record that we plan to use xCurrent in the project.” There’s no denying it – this is a really big deal for Ripple. Indeed, it’s a big deal for the cryptocurrency space as a whole. For the first time, an incumbent in the financial sector has taken a blockchain based technology and bundled it into a use case that’s aimed at the general public, as opposed to being aimed at another financial institution. To put this another way, Ripple has finally been able to bridge the gap between the bleeding edge of blockchain technology and the mainstream general public.

So where do things go from here? Well, this is one example of Ripple’s pilot programs coming to fruition. That is, making the jump from pilot program to commercial application.

With a large number of these programs ongoing, this latest news reinforces the suggestion that there’s real value in the ongoing programs and that they will likely bridge through to commercial use once the programs in question complete. It’s important to note that XRP won’t play a role in the Santander application – at least not initially – but this isn’t too much of a big deal.

It’s a major vindication of the company’s ability to score big-name partners and, for us, is a strong signal that Ripple remains one of the top recovery plays in the market right now. We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Ripple.

The cryptocurrency markets have taken a real beating over the last couple of weeks and especially throughout this week, with many of the major coins (bitcoin, Litecoin, etc.) trading at a more than 50% discount to their price just a few days ago. This, of course, has translated to a real weakening of sentiment and the confidence that many of the later entrants had in their (arguably late entry) positions has all but dried up. People are exiting the market in spades and the selloff is resulting in a further weakening of price. This, in turn, is translating to more panic and an increased number of market exits and so on and so on. This sort of action will be familiar to many. It’s a self-fulfilling spiral that compounds sentiment and it’s essentially the opposite of what caused bitcoin and its peers to run up into the end of last year. Late entrants forming weak and fundamentally inaccurate biases and responding to these biases by pulling the trigger.

In November and December, it was a trigger pulled on a buy position. In January, the trigger is being pulled on a sell. The thing is, now is not the time to sell. Sure, markets got overexcited at the end of last year and some coins ran up farther than they perhaps might have done if the crypto space had of remained under the radar. Sure, the entry of a futures market and the concurrent wave of media coverage that came with bitcoin shifting into the mainstream consciousness perhaps created a buying frenzy which, in turn, pushed prices above and beyond sustainable levels. BTC Daily Chart When this happens, however, we generally see a correction, a bottoming out, some degree of rationality return to a market and, in turn, a return to the overarching trend which, in this case, very much remains to the upside. People forget that Bitcoin (BTC) was trading below $900 this time last year.

Litecoin (LTC) was at $5 twelve months ago. Some of the more functional tokens, things like Ripple (XRP), were trading for fractions of a penny. Many didn’t even exist. What we’re trying to say here is that the vast majority of coins that exist in today’s market and that are down circa 50% or so on early month January highs remain up thousands of percentage points on their respective twelve-month pricing. Put things in perspective, then, and you see that this pullback is a natural correction on an overheated market and one that simple serves up a long overdue return to sensibility, as opposed to any indication that the cryptocurrency run has come to an end.

For those who need a bit of persuasion, look at this space as if it’s a thirty-year trend, a long-term technological shift. We’re less than a decade into it and while exuberance led to the space running away with itself a little, the excitement is now reigned in and the industry can resume on the path towards changing the technological (and indeed, global industrial) landscape of the future.

Bottom line: let the panic sellers exit their positions cheap and, if you’ve got the capital, pick up some cheap coins as they unload. When things return to normal, the same sellers will be scrambling to buy back their coins and will be forced to do so at a premium to the rice at which they’re unloading them right now. We will be updating our subscribers as soon as we know more. For the latest on Bitcoin, Ripple and Litecoin, sign up below! Disclaimer: This article should not be taken as, and is not intended to provide, investment advice.

Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency. Image courtesy of Global Coin Report Archives. 2017 saw a massive increase in awareness of cryptocurrency thanks to the huge increase of Initial Coin Offerings (ICOs). Investors swarmed the numerous new coins available, making it the must-have investment product of the year (well, up until the end that is.) The reason for its success and failure as an investment tool is due to the simple fact that the coins were meant to be used in daily life – all that was missing is the infrastructure needed to make it easy. Yet The Current System Doesn’t Work However, there are two issues surrounding utilizing cryptocurrency in daily life.

The first is that few retailers accept cryptocurrency at all. The second is that those who do accept these digital currencies typically only accept one out of the dozens of varieties available. Meaning it is possible to have a fortune of cryptocurrency in your pocket and be unable to spend a single penny of it.

Bitcoin, Litecoin, Ethereum, and more are being actively traded every day with new coin systems being minted just as quickly. With an estimated total market capitalization of $660 billion, there is a great deal of opportunity for ICOs to help spur the next stage of consumer spending and economic growth, but ICOs will have to bridge the divide between digital and physical.

How can we solve this challenge? Take MoxyOne, for example.

It was founded with the simple goal of providing the infrastructure needed to help ICOs make the transition from an investment vehicle to viable currency. For its part, MoxyOne provides white-label services for companies seeking to offer a complete cryptocurrency solution for their investors and clients. This includes a “banking” solution that makes spending the coins as easy as swiping the provided debit card. Beyond working with other coin platforms, MoxyOne is also offering its own cryptocurrency known as SPEND tokens, offered for distribution through the respectable Cryptopia exchange platform. More platforms are coming soon, as well. MoxyOne’s Exchange Listing Consultant Rick Kennernecht is working to secure new partnerships with a wide variety of exchange platforms such as EtherDelta. Recent successes in this endeavor include a partnership with the Decentralized Social Networking Platform Social (SCL).

How to Integrate Digital Wallets with Physical Debit Cards By using the latest in digital wallet technology, MoxyOne has made it possible to securely handle transactions worldwide wherever debit and credit cards are accepted. All the end-user needs to do is install the app and activate the card – from there it is as simple as managing a traditional bank account, without the fees. This works through the implementation of Just In Time Funding (JITF) which allows for the instant sell of cryptocurrency into the required traditional currency as the user spends it. This means that the greatest hassle involved in modern cryptocurrency – using it in the real world – has been eliminated in a way that is completely seamless for the end-user. The only fee incurred is the traditional platform exchange fee built into all cryptocurrency platforms.

This platform will be released in early 2018, with a pre-sale beginning February 8, 2018, and ending on March 10, 2018. The public ICO starts March 14, 2018, until April 14, 2018. MoxyOne will leverage Raiden Network’s micropayment technology for speed and Gladius’ DDoS technology for stability and overall security. Long-term goals will include integrating with the COMIT network for increased blockchain interoperability and overall access. In addition to JITF, we enable individual organizations and buyers to obtain the cryptocurrency directly from the holder. In addition to receiving the coins, a number of extra tokens will be provided to cover any extra expenses. This will help grow the platform and incentivize end users to utilize every feature of the MoxyOne platform.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Its pretty simple to mine ZCash or ZClassic in ethOS. To mine ZClassic, (ZCL) Register on Add your Miner that matches your ethos 6 char machine name, use password 'x'. If your using a loc variable, use the machine's pretty name as Miner name. Mining ZClassic - ZCL: local.conf: stratumproxy enabled maxgputemp 85 proxywallet (Not email, Not Miner Name!) proxypool1 stratum+tcp://zcl.suprnova.cc:4042 globalminer claymore-zcash flags --cl-global-work 8192 --farm-recheck 200 globalfan 85 globalcore 1150 globalmem 2150 (or whatever you are stable at) After a few mins your miner will show up in SuprNova dashboard. (Be patient, it takes a little bit for you to get some shares) To mine ZCash (ZEC) in Ethos. Local.conf: stratumproxy enabled maxgputemp 85 proxywallet (Not email, Not Miner Name!) proxypool1 stratum+tcp://zec-us.suprnova.cc:2142 globalminer claymore-zcash flags --cl-global-work 8192 --farm-recheck 200 globalfan 85 globalcore 1150 globalmem 2150 (or whatever you are stable at) From Ethos KB: Using a Pool that Requires Workers, Usernames, and Passwords (suprnova) Some pools (suprnova) require usernames, passwords, and workers. Follow this guide for configuring ethOS to work on these pools: Find your worker name for each rig.

EthOS assigns a 6-digit alphanumeric code (worker name) for each rig. You can find out your worker name by looking at the ethosdistro.com stats panel, rig desktop, or ssh terminal. Login to the pool website. On the pool website, add a worker for each ethOS rig/worker that you have, use password 'x'. Note: If you use the loc parameter in your config, your worker name will be the loc that you specified.

In your config, set proxywallet username where username is your actual pool-side user name that you use to login. After you change the config, run putconf && minestop, the miner will stop, and then start up automatically with your new settings. It's slightly different if you choose not to register on suprnova.cc. Replace proxywallet with your wallet address.

Like so: Mining ZCash - ZEC: local.conf: stratumproxy enabled maxgputemp 85 proxywallet t1dVENot9gQ7QERcxScn3H8B9LP7tKNpgpY (ZCL Address) proxypool1 stratum+tcp://zcl.suprnova.cc:4042 globalminer claymore-zcash flags --cl-global-work 8192 --farm-recheck 200 globalfan 85 globalcore 1150 globalmem 2150 (or whatever you are stable at) Then you can see you stats anonymously like so: (replace user with your ZCL address) Same goes for ZEC mining with ethos. Happy ZCL mining! Dash DASH Mining Rig Guide there. Tips: (ZCL) t1dVENot9gQ7QERcxScn3H8B9LP7tKNpgpY Thanks!

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