Double hard-fork : Bitcoin (BTC) + ZClassic (ZCL) = Bitcoin Private (BTCP)
Related financial instrument :
BITCOIN PRIVATE
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What is Bitcoin Private (BTCP)?
And another hard-fork onBitcoin... Have you heard of it? I only found out yesterday...
This is a first of its kind: a double hard-fork at one go! Bitcoin and ZClassic co-produced theBitcoin Private (BTCP) fork; in bloc 511346 for BTC and 272991 for ZCL.
Anyone holding ZCL or BTC in a wallet or on a trading platform supporting hardfork has been credited with Bitcoin Private (BTCP) in a ratio of 1:1.
Bitcoin Private uses the same anonymous technology as ZClassic (zk-snarks). This means that payments are published on a public blockchain, but the sender, the recipient and all other metadata are unidentifiable.
Just like Bitcoin, BTCP supports peer-to-peer transactions without intermediaries. These transactions are verified by network nodes using blockchain technology and are recorded in a public registry.
Unlike Bitcoin, Bitcoin Private supports a larger block size while remaining more anonymous and secure than any Bitcoin-based currency without sacrificing transaction speed.
BTCP’s code is public and available for viewing and verification by anyone. It will always remain open source and will be maintained by an ever growing community.
In the spirit of transparency and open source, Bitcoin Private is developed by team members around the world. Each member fulfils his role and contributes according to his skills.
There was no pre-mining, no reward for the founders. Bitcoin Private was distributed in a fair manner for all. The tokens were distributed on a 1-for-1 basis to all BTC and ZCL holders.
Insummary: Bitcoin Private is Bitcoin with the anonymity of ZClassic.
