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Introduction to BTCP Cryptocurrency
BTCP (Bitcoin Private) is a cryptocurrency created through a hard fork between Bitcoin (BTC) and ZClassic (ZCL). Here are some basic details about BTCP:
Creation Background: BTCP was created on 28th February 2018 through a hard fork of Bitcoin and ZClassic. Its aim is to combine the security of Bitcoin with the privacy features of ZClassic, creating a cryptocurrency that is both secure and private.
Technical Features: BTCP uses the Zerocoin protocol to achieve anonymity in transactions, allowing users to conduct private transactions. It also inherits the security and stability of Bitcoin.
Blockchain Features: BTCP's blockchain was separated from the Bitcoin and ZClassic blockchains through a hard fork. It uses a proof-of-work (PoW) consensus algorithm similar to Bitcoin to validate transactions and create new blocks.
Miner Rewards: The miner reward mechanism for BTCP is similar to that of Bitcoin, where the reward per block halves over time.
Community Support: The community support for BTCP is relatively small, primarily consisting of users interested in privacy and security.
Overall, BTCP is a cryptocurrency aimed at providing a private and secure transaction experience. However, its development and usage are relatively limited, mainly supported by users interested in privacy and security.