On July 19, according to explorer.zcha data, at 10:34:51 this morning, Zcash successfully forked out Ycash at a block height of 570,000. When the fork was completed, the price of Zcash was temporarily reported at US$77.86, a 24-hour increase of 4.26%. 1. “Friendly fork” It is understood that after Howard Loo's new project Ycash was proposed, it received full support from Zcash founder Zooko Wilcox. On May 24 this year, Zcash founder Zooko Wilcox tweeted that Ycash is a "friendly fork" of Zcash. Zcash founder Zooko Wilcox backs Ycash 2. The dilemma and solution of Zcash <br />When Ycash was launched, the plan specifically mentioned one point: “Ycash is also to fulfill a promise - the Zcash founder reward will never exceed 2.1 million.” In fact, as the Zcash project develops, the original deadline of “20% of the mining rewards in the first four years will be allocated to the founders (founders, investors, employees and consultants)” is approaching. According to the plan, around November 2020, when block 570,000 is mined, the supply of Zcash will be halved and the reward for the founder will be cancelled. |
<<: Israeli citizen accused of stealing over $1.7 million in cryptocurrency
Today, a piece of news shocked the entire digital...
SUQA is a new open source peer-to-peer digital cu...
What is a meme ? A "meme" is a unit of ...
The shape of the mouth has been very important to ...
Rage Review : As China's first 'pure netw...
The Smart Square team recently announced that sta...
On Friday morning local time, the New York State ...
Judging people's destiny from their fingers H...
JPMorgan Chase, the largest bank in the United St...
One of the left and right hands is always used fo...
Everyone has different aesthetic views and dressi...
The Hong Kong Securities and Futures Commission o...
Ethereum (ETH) miner revenues soared in September...
FYRE coin, x16R algorithm mining method, a new vi...
Although Bitcoin was born in 2008, its technical ...