ZClassic is a digital coin that uses zero-knowledge proofs to enhance privacy in transactions.
It also allows selective transparency. It is a Zcash fork thus sharing a lot of Zcash features.
It utilizes the Equihash algorithm and PoW (Proof of Work) mining but does not retain any founders' reward like in the case of Zcash.
Zcash used to retain 20% as the founders' reward which was unfair to the rest of the coin's community.
ZCL has eliminated the slow start of 20,000 blocks feature to allow the market to determine its demand and supply and thus its price.