Bitcoin Private (BTCP) emerged as the merger of forks involving Bitcoin (BTC) and Zclassic (ZCL). The developers went for bringing the best of both worlds to the crypto users, with ZCL being tasked with providing privacy-related features and BTC serving as a resilient and secure workhorse currency.
Bitcoin Private was issued as part of an airdrop which took place in early 2018. Considering that the team behind it is described as mainly consisting of community members, it is no surprise that early adopters of the BTCP were holders of BTC and ZCL.
Bitcoin Private has established several partnerships with merchants and payments gateways as well as secured listing on various major crypto exchanges. In late 2018, the currency came under fire based on the allegations of engaging in premining.