|Symbol||Crypto Score||Volume||Volatility||Liquidity||Industry||Application||Marketcap||Supply||Volume (24h)||Last 24h|
|BTCP||2.18||1.38||2.72||0.33||2.61||3.83||$ 33.28 M||20.64 M||$ 45.70 K|
Contrary to what its name mind hint towards, Bitcoin Private was forked from Zclassic in early 2018. Zclassic is a fork of Zcash which is a fork of Bitcoin. This being so Bitcoin Private is a digital payment system which utilizes a private key which allows users to obtain their tokens across numerous storage devices. BTCP mining incurs a 20% fee which goes directly to the early development team, led by Rhett Creighton. Like Zclassic, transactions are on a public blockchain but the amounts and keys involved are hidden. BTCP operates on a larger block size which helps to increase transaction speeds. Bitcoin Private emerged as a fork of Zclassic when the currency was flatlining and gaining no traction on the market. The cryptocurrency utilizes zk-SNARKS privacy protocol to maintain the privacy which they believed Satoshi desired when created BTC. Unlike BTC, Private operates on Equihash Proof of Work Algorithm.