Introducing Zenchain Protocol
With the expansion of the blockchain network we are getting to know the trends that many people are interested in today are NFT and Defi. This is demonstrated by the way that the tokens associated with these two developments are growing miraculously year-to-date. That is why the Zenchain team has brought the power of NFT to the Defi ecosystem and Defi to NFT. This may be the best project for investors in the near future so in this article I will help you with some important information about the project.
Application
Although it has been deployed for a while, but Defi still shows some limitations such as transaction processing speed, cost, security, .. That’s why Zenchain used Tendermint Power to create solutions. Defi and cross-chain NFTs, furthermore the project team incorporates 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 the Tendermint Core consensus engine. The Zenchain protocol allows running vanilla Ethereum as a dedicated blockchain for the Cosmos application. This allows developers to have all the desired features of Ethereum and, at the same time, benefit from Tendermint’s PoS development. In addition, because by using the link and dPoS as the system, Zenchain Protocol ensures that the security concerns are given great attention.
Here are some key features of Zen Chain:
• Compatibility with Web3
• High throughput via Tendermint Core
• Horizontal scalability via IBC
• End transactions quickly
ZenChain enables these key features through:
• Implement Tendermint Core’s ABCI application interface for blockchain management
• Leverage modules and other mechanisms implemented by the Cosmos SDK
• Use geth as a library to avoid code reuse and improve maintainability.
• Expose a Web3 RPC layer that is fully compatible for interoperability with existing Ethereum applications and tools (Metamask, Remix, Truffle, etc.).
Zenchain Token Overview (ZEN)
Zenchain access to decentralized finance with special non-fungible tokens . The crypto industry based on a premise. Always give people control of their finances. If people understand what is and then people come and try to understand a DeFi or NTFs projects.
🔸Token Name : ZEN
🔸Token type : BEP20 & ERC20
🔸Issuance price: TBA
🔸Total Token Supply : 100,000,000 ZEN
🔸Initial circ supply : 2,500,000 ZEN
🔸Initial market cap : TBA
🔸Unsold/Unused token : Burn
Partner
As you can see, a good project cannot be complete without good collaborators. Due to the great features of Zenchain Protocol, I can confirm that there are many large companies that want to cooperate with the project. Together, they can develop a new era for Zenchain. The most prominent of those partners is Cosmos, which is growing in technology. They have created a lot of success for their partners in a short time. Or Binance one of the exchanges with a large volume of transactions and is aiming for NFT projects.
News : Zenchain’s dual IDO was conducted on the Polkabridge and Yellow Road launch boards, May 18 at 3pm UTC.
For more details, please visit the link below:
Web: https://zenchain.co/#/
Facebook: https://www.facebook.com/Zenchainoffi...
Telegram Channel: https://t.me/Zenchainofficial
Twitter: https://twitter.com/zenchainco
Github: https://github.com/zenchainprotocol
AUTHOR:
Forum Username: BertieBarnes65
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3120435
Walltet: 0xeBff8240FC1Ac174479812b761266a281915A74d
