“A Magic Money Machine.”
- Paul Murphy, FT
In December 2013 the world-famous Blockchain developer known simply as Shai created Zurcoin as a personal tribute to someone who he had been very close to.
Shai explained to people at the time that "a decentralised blockchain is immortal and is therefore a perfect idealisation of a digital tombstone."
In 2017, the blockchain marketer Daniel Mark Harrison contacted Shai with a proposal. "Let's make this blockchain #1," Harrison wrote in an e-mail to Shai.
Harrison and Designer Engineer Thomas Loth developed decentralised finance (DeFi) and created the world's first Non-Fungible Token (NFT). Meanwhile, Kunal Barchha, who had successfully fought and won against the Modi government to permit crypto exchanges, worked with SaaS expert Rene van Norden to upgrade Zurcoin.
Zurcoin is unlike any other protocol around today. At the same time, it's a bit like a number of the largest blockchains in existence. Much of this has to do with Zurcoin's somewhat mixed heritage as a Bitcoin fork installed on Quark algorithm.
The basic concept of Zurcoin is that it's a hybrid between Bitcoin and Quark. The Zurcoin Blockchain is comprised of the same software code as Bitcoin is, and so it is an effective store of value just like Bitcoin is (except with a less centralised coinbase holding).
When Zurcoin was first created in 2013, there were only 65 other digital assets in existence, and all of them were part of their own Blockchains.
Today, there are almost 10,000 digital assets listed at CoinMarketCap alone, and among those Zurcoin stands out as one of the original 100 deployed Blockchains worldwide. This early-mover status today gives Zurcoin somewhat of a higher perceived value among cryptocurrency investors than for other coins.
Zurcoin mines on the Quark algorithm and is Proof-of-work based. It mines up to 127,500,000 coins, with a block time of 42 seconds and halvening events every 1.5 million blocks. This makes it one of the longest Blockchains in the world, which means that it's super-secure and one of the most trusted networks for the storage and transmission of digital assets.
Today, ZUR is best known as a major early cryptocurrency traded on Top 10 CoinMarketCap exchanges.
The Zurcoin Core team is some of the most innovative Blockchain engineering teams in the world, having created concepts such as DeFi, NFTs and built other leading Blockchain value innovations such as lightening-quick centralised exchange software installed with original, custom-designed trading features.
All of the Zurcoin team's various software innovations, including the Zurcoin Blockchain, have been widely-reported in mainstream media publications from around the world.
At the heart of the Zurcoin Core team's innovation sustenance lies Zurcoin, a Proof-of-Work blockchain much like Bitcoin but cleaner, faster, better-value and more secure to use than its rivals.
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