The abbreviation of Zhaocai Coin is ZCC, and its English name is ZhaocaiCoin. Zhaocai Coin is one of the earlier self-issued online coins in China. At present, the community is active, and the average daily trading volume is relatively large. Its positioning is to create a virtual currency that is truly fair, serves China, and creates public welfare undertakings.

Project Introduction

Project Features

According to the assumption that Zhaocai Coin generates a block every minute, the amount that can be obtained from each block is generally 50, and it will change with the increase of mining difficulty, which is similar to BTC. Its total generation is designed to be 1 billion, but the daily production of coins is 72,000 coins, no more than 150,000 per 48 hours, about 27 million a year, so it will take about 38 years to mine all of them, but the daily output It will decrease as the difficulty increases, so this time will be infinitely extended.

520 confirmations of mining income are mature, the initial difficulty is 0.03, the initial value of Nfactor is 12, and the CPU surpasses the graphics card.

At the same time, due to the design of the algorithm, the difficulty of mining will gradually increase, the motivation of everyone to mine will continue to decline, the number of miners will decrease, and the entire currency network may gradually become paralyzed (everyone will reduce the operation of Zhaocaicoin After the time of the client, the entire network will become more and more difficult to find a P2P node to connect and synchronize network data).

In order to reward the currency holders and also to maintain the entire Lucky System network, the designer designed the system to automatically distribute 5% interest every year, as long as the currency is placed in the wallet for more than 30 days (because the interest within 30 days is very small, The POS system will not pay interest within 30 days), then when you open the wallet client on the 31st day, you will automatically get the interest calculated by the annual interest rate.

Technical Overview

Zhaocai Coin was released on August 8, 2013, using YAC's jane-scrypt core algorithm, which will generate "one block" in an average of one minute, and the maximum output value of each block is 50 coins (but With the current increase in mining difficulty, the output will decline in a logarithmic function curve, and now the latest block output value reward has dropped to about 26 Zhaocai coins). Zhaocai Coin supports Chinese and English bilingual, mainly in the Chinese domestic market. It has been traded on the BitTimes trading channel and the Biter market. The single price of each coin is about 0.4 yuan.

The current daily output of Zhaocai Coin is generally 37,000 coins, and there are about 450-500 miners in the entire network. According to the analysis of the editor, most users can now mine close to 10 coins per day on average. Only those users with extremely high computing power can obtain 1000-2000 minerals.

Related links:
http://www.zccoin.org/
http://www.qukuaiwang.com.cn/szhb/1982.html###< /p>