What is Bitcoin Private?

in #bitcoinprivate7 years ago (edited)

What is Bitcoin Private?

Symbol: BTCP
Supply: 21 million
Type: Privacy Coin

Bitcoin Private is going to be a fork of Zclassic AND Bitcoin..

Meaning if you hold ZCL or BTC you will get 1:1 Bitcoin Private as well!!

On their Reddit they state:

Bitcoin private is a hard fork of BTC and ZCL. BTCP will have the same privacy technology as ZCL (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.

This project is being led by Rhett Creighton and they are doing a full re-brand for Zclassic, which if you are not aware is a fork of Zcash without the founders fee.

According to coinmarketcap.com Zclassic is currently at $77, but has hit a high of $120 yesterday.

Screen Shot 2017-12-30 at 4.06.46 PM.png

But the price of ZCL earlier this month was only around $2.00!!

However the spike came following the announcement of the rebrand!

Conclusion


Zclassic still plans on staying it's own project after the fork just like with the ZenCash fork, but if you want to get Bitcoin Private.. It will be a lot cheaper to get it 1:1 from ZCL than from BTC.

If you have anymore questions feel free to ask or check out their website http://zclassic.org/ for more information!

Post - Vote - Earn 🤘 😝

Image Source


Disclaimer: I am not an Investment Advisor, and this is not investment advice. This is for entertainment purposes only!

Sort:  

It’s kinda cool. A fork of a coin that already exists but will also be a bitcoin fork. Interesting! Well if zclassic price is any sign it’s awesome

It is going to be interesting, and still cool how they will combine the 1.8m ZCL and the 16.7m BTC, and still have the 21m cap!

Lol, I cant believe I have mised Z Classic. 3500 % return in a month is monster.

It’s quite e crazy how much it’s risen. Almost a kinda futures market of Bprivate in a way

Yes, fully priced if you ask me. There are too many bitcoins already. I even lost count

Yeah I definitely wish I would've stocked up a few weeks ago 🙁

Very quickly rising price levels from 77 to 120. superb mining. 😎😎😎

Its now possible to mine Bitcoin private on Zpool and they're paying for it 0.02 btc which is around 223 usd 🤑

Nice.. Can't wait to see BTCP on the exchanges!

Coin Marketplace

STEEM 0.18
TRX 0.16
JST 0.031
BTC 63223.35
ETH 2688.72
USDT 1.00
SBD 2.55