Zenchain Protocol - Cross-chain technology for intelligent transaction processing
Introducing cryptocurrencies today :
Block chain technology with unique features and especially distributed data management, solving trust issues - is changing the face of many areas of the world. In the digital economy, sellers and buyers can be connected directly without intermediaries. Thereby, transactions are carried out quickly and transaction costs are significantly reduced. That's exactly what blockchain technology is helping to change the world.
Along with blockchain, cryptocurrencies are also emerging as an asset that investors all over the world love. Although officials around the world are very cautious about this type of asset, and many countries have yet to provide a clear legal framework for cryptocurrencies, one day cryptocurrencies still reach billions of dollars. This volume will not stop there as the world has more than 170 electronic exchanges with over 100,000 registered users every day.
The future of blockchain as well as cryptocurrencies is very difficult to predict. But for now, the cryptocurrency industry is still in its infancy and contains tremendous growth potential. Today, more and more platforms are developing to solve the problems of traditional financial industry, and even address the backlash of newly created modern technologies. As a result, the number of financial solutions using blockchain technology is increasing, including the Zenchain Protocol Project .
Zenchain's goal is to operate in both NFT and DEFI, focusing on the functionality of these two areas on the blockchain, aiming to become a decentralized platform that distinguishes the base of this block as DEFI and NFT. In addition, the project will start activities on the biological intelligent chain.
The aim of the Zenchain Protocol project is to create a platform that aims to further their activities by separating the functions on the blockchain into both defi and nft, while creating a single high volume of transactions. There will be a blockchain that will be specially optimized on the platform and the platform will appear using a biological smart chain. Cross-chain logic will be one of the most important features. Following this cross-chain logic, ethereum, binance smart zincie and tron, etc. to provide and support gbi bridge solutions. In addition, the platform supports technologies such as ZenChain, CosmWasm, and EVM and complies with these agreements.
Currently, there are many anonymous companies that have stood up to create a flashy cover to deceive young investors or those who are inexperienced in checking projects. But for Zenchain Protocol, you can rest assured when trading. They have fixed a lot of issues like transactions taking too long or fees being too high and more importantly, smart security.
So Zenchain's solution is that they use Tendermint Power for high throughput scaling to make transactions faster and use Bridge from Etherum, Tron, Binance smart chain make cross-chain Defi and NFTs solutions.
But many of you wonder that there are still many unknown issues about this smart cross-banana? Yes look below >>>
ZenChain is a scalable, high-throughput Proof-of-Stake blockchain that is fully compatible and interoperable with Ethereum. It is built using the Cosmos SDK which runs on top of the Tendermint Core consensus engine.
ZenChain allows for running vanilla Ethereum as a Cosmos application-specific blockchain. This allows developers to have all the desired features of Ethereum, while at the same time, benefit from Tendermint’s PoS implementation. Also, because it is built on top of the Cosmos SDK, it will be able to exchange value with the rest of the Cosmos Ecosystem through the Inter Blockchain Communication Protocol (IBC).
Here’s a glance at some of the key features of Zen Chain:
- Web3 compatibility
- High throughput via Tendermint Core
- Horizontal scalability via IBC
- Fast transaction finality
ZenChain enables these key features through:
- Implementing Tendermint Core's ABCI application interface to manage the blockchain
- Leveraging modules and other mechanisms implemented by the Cosmos SDK
- Utilizing geth as a library to avoid code reuse and improve maintainability.
- Exposing a fully compatible Web3 RPC layer for interacting with existing Ethereum clients and tooling (Metamask, Remix, Truffle, etc).
The sum of these features allows developers to leverage existing Ethereum ecosystem tooling and software to seamlessly deploy smart contracts which interact with the rest of the Cosmos ecosystem.
The feature is great, isn't it guys, I think it's rare for any project to keep up with Zenchain because this advanced technology will be of great help to young investors.
- Create key applications for DEFI and NFT .
- High throughput for all exchanges.
- Blockchain is safer, more secure, especially for decentralized finance.
- The rapid growth of dApps for decentralized finance.
- Be confident that blockchain is not being used for any kind of non-monetary dApp, so the choices of Center and Foundation engineers are all 100% focused on decentralized finance use cases middle and that's it.
- Rapid dApp growth with dedicated calls committed to monetary applications.
- The insignificant attack surface of the currency smart contracts created on the platform.
- Trustworthy governance, Very unchanged - by anchoring in the square from time to time.
IDO token
IDO is no longer strange to investors. The development of IDO in this 2021 is quite new because most of the platforms running IDO are potential projects. Not excluding this possibility, Zenchain Protocol also launched IDO on #PolkaBridge on May 18, 2021. But there is a condition that you must be one of 500 designated addresses selected by whitelisting and hold at least $3000 in PBR tokens. The more PBRs you hold, the more chances you have of winning the whitelist.
INSIGHTS REGARDING NOTICE CODE
- Token Name: ZEN
- Token Type: BEP20 and ERC20
- Token name: TBA
- Total Token Supply: 100,000,000 ZEN
- Initial Round Supply:2,500,000 ZEN
- Initial Market Cap:TBA
- Unsold/Unused Tokens: Consume
TEAM
Partner
Conclude :
In summary, after many days of analyzing and learning about Zenchain Protocol, I find that this is a good and interesting project, with a strong team with a lot of experience in this field. I firmly believe that the project will be successful in the future. Take a moment of your time and pay attention to this amazing project. A well-organized team can implement concepts. I like their approach, I'm sure they will produce some great crypto results.
Website: https://zenchain.co/
Litepaper: https://docs.zenchain.co/
Telegram Grup: https://t.me/zenchaingroup
Telegram Duyuru: https://t.me/Zenchainofficial
Twitter: https://twitter.com/zenchainco
Facebook: https://www.facebook.com/Zenchainofficial
Github: https://github.com/zenchainprotocol
Medium: https://medium.com/zenchain-protocol
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Virasend
https://bitcointalk.org/index.php?action=profile;u=2783298
https://bitcointalk.org/index.php?topic=5336756.msg57018865#msg57018865
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