Bitcoin Private (BTCP) - a fork-merge of the ZClassic & Bitcoin (EXANTE: Bitcoin) blockchains is expected on February 28, 2018.
Attention Bitcoin Private community! The BTC+ZCL snapshot date for the long awaited Bitcoin Private Hardfork will occur on February 28th, 2018. We thank you for your continued support as we continue to make digital transactions much safer and 100% private. https://t.co/PO7VPyV3EL pic.twitter.com/Osls2QSPA1
— Bitcoin Private (@bitcoinprivate) January 29, 2018
“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,” the project said on its website.
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.
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.
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.