Zclassic ZCL: Hard Fork
The BTCA testnet will go live August 10, providing a month for exchanges to test the wallets and infrastructure before the snapshot occurs on September 9, 2018. The mainnet will be live within 48 hours of snapshot allowing for swift integration onto exchange platforms. The main features of BTCA will include; anonymity while transacting (using zkSNARKs technology), increased the speed of transactions (through increased block sizes), and the ability to stake coins through masternodes. This trifecta of technological upgrades will create a cryptocurrency in Bitcoin’s image, with staking abilities and anonymity upgrades.
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.