ZCL towards the next stage of its Development

ZCL towards the next stage of its Development

The ZClassic Community Edition team described all the expected changes and improvements for the future of ZCL in their proposal, providing a deep insight of what ZCL should represent in the future, while stating that ZClassic is ready to adapt to the current trends in the blockchain universe, while having the readiness to embrace the future developments.

In their proposal they have stressed out the importance of ZCL as a project, stating that ZClassic has an immense potential in the world of blockchain due to its promptness, technology, transparency, and security.

In the spirit of making a valuable comparison, the team started their proposal with favoring zk-SNARKS, the technology they share with BTCP, as well as stressing out the fact that “Bitcoin is hard.”, that way addressing the fact that they are planning on surpassing all issues that are found in the first crypto ever to be launched.

Further, in their proposal, the team represents the new asset that would make a transformation of the originally known ZCL.

The new asset of ZclassicCE should be called AZCL while one AZCL should make an equivalent to one ZCL unit.

What the team wanted to make clear is that AZCL won’t represent a new fork as the team is not planning on forking ZCL, wanting it to stay as close to ZCash as possible. Instead, the team would have the ZCL currency wrapped that way making it into an ERC233 standard asset.

The team is looking to utilize Komodo Platform in order to apply the second layer to ZCL while collecting notary fees in order to warp ZCL. It is further explained that the wrap doesn’t represent an airdrop or a fork. Just as ZCL could be transformed into a minted AZCL, the process can go in reverse as well.

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