The Bitcoin Private website is now live on https://bitcoinpvt.org/ check it out!
Now if you are not aware of what Bitcoin Private is.. It is going to be a twin fork of Bitcoin AND Zclassic paying 1:1 for both!
Zclassic had a previous fork this year, which was to ZenCash..
However that was only from Zclassic, and Bitcoin Private will be a combination of both.
Bitcoin private is a hard fork of BTC and ZCL. BTCP will have the same privacy technology as ZCL (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient, and amount of a transaction remain private.
Source
The new website!
If we take a look at the website we now have a lot more information about Bitcoin Private!
Private - Bitcoin Private will use the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.
Decentralized - Just like Bitcoin, Bitcoin Private will support peer-to-peer transactions without an intermediary. These transactions will be verified by network nodes through the use of cryptography and recorded in a public ledger.
Fast - Unlike Bitcoin, Bitcoin Private will support a slightly increased block size while being more anonymous and secure than any existing Bitcoin-based currency without sacrificing transaction speeds.
Open Source - Bitcoin Private's entire codebase is publicly available for viewing and verification by anyone. It will always remain open source and be maintained by an ever growing community.
Community Driven- In the nature of transparency and open source, Bitcoin Private is developed by team members all over the world. Each member fills roles and contributes based on his or her skillsets.
A Fair Start - There will be no premine, and no founder's reward. Bitcoin Private will be released in a fair manner to all. Coins will be distributed on a 1:1 basis to BTC and ZCL holders.
There is also a FAQ as well for Frequently Asked Questions!
Also there is still no date for the hard fork, however they have said that it will be by the end of this month!
Conclusion
It is good to see a wesbite for Bitcoin Private, and to see all of this helpful information!
I am also happy to see they are not taking a miners fee as of right now!!
I learnt many things from the Zencash fork back in may, if you want me to do a post on this please comment below.