Zenchan Protocol - Great solutions for the Blockchain industry

in bitcoin •  3 years ago  (edited)

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Introduction


The growing popularity of cryptocurrencies has made it a major financial asset, subject to intense interest and speculation around the world. The economy failed and this has made crypto holdings a necessity as a hedge against inflation. Less than a few years ago, it was difficult to buy cryptocurrency, but this has changed in recent years. There are many crypto exchanges that now support crypto services to users, with some having a localized presence. Now , the phrase cryptocurrency is probably no longer strange to us, especially for investors or those who regularly interact with the stock exchange, this phrase is too familiar. As you know ZenChain is a new stable coin launched recently and it is storming the cryptocurrency market not only because it has the features of a global cryptocurrency but it there are other outstanding features that attract investors as well as its users. It can be used to issue and receive consumer loans and for various purposes, without fear that the token rate may change in any direction during the transaction.

Over the years, the cryptocurrency market has developed rapidly, it is constantly evolving and changing to be able to fully meet human needs. In order to optimize the rights of use as well as the benefits of users, DeFi and NFT have officially cooperated, and the Zenchain project is the dedicated blockchain that proves and is the first product of the combination. between DeFi and NFT.
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 transaction volume. 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 smartchain and tron ​​etc aim to provide and support connect bridge solutions. In addition, the platform supports technologies such as ZenChain, Cosmos, and EVM and complies with these agreements.

Among the most important energy sources of the foundation are the binance, palkadot, tron, and cosmos intelligent chains. In addition, the project currently has 17 partners in beta and I think the number of these partners will increase significantly. It started the beta phase of the project platform in April 2021 and I think it will complete the testing stages successfully soon. By focusing on blockchain functionality and dedicated to DEFI and NFT, ZenChain provides unprecedented high transaction throughput, reduced risk of errors, and developed special intelligence to perform financial services.

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Key features of Zenchain to help attract investors


Zen Chain is a Proof-of-Stake blockchain, so it has all the features of a blockchain. Besides, it has some advanced and improved features from some previous projects such as Web3 compatibility, High Throughput via Tendermint Core, Horizontal Scalability via IBC , and most especially the quick transaction closing feature. This makes it faster for customers to transact crypto via Zenchain and save more time. It is also this feature that makes customers increasingly trust in Zenchain. But the problem here is not what features it has, but how we activate these main features that is a matter of concern to many people. In this section I will guide you to enable its features. You must first implement Tendermint Core ABCI application interface for blockchain management, followed by leveraging modules and other mechanisms implemented by the Cosmos SDK. As a next step we need to use geth as a library to avoid code reuse and improve maintainability. The fourth and final step is to expose a Web3 RPC layer that can interoperate with existing Ethereum applications and tools.

Zenchain Protocol project development partners


You know, a project that wants to be developed must have partners to help. And choosing a suitable partner is not an easy thing. It is fortunate for Zenchain to find a lot of partners and customers who can accompany and help the project grow to this day. The Zenchain Protocol project development partners are mostly companies specializing in investing in potential projects, which is an advantage for Zenchain from the very beginning.
As expected, Zenchain Protocol will expand its scope of operations beyond the world. I believe that with its potential, transparency, security as well as its strengths, Zenchain will have a strong foothold in the crypto world. Personally, I rate this project very highly. I think I should invest in it. With high liquidity in the market, the price will automatically increase, this is a very favorable sign for investors when buying these stocks in the beginning, the price is still cheap. The ZEN token is accepted in most of the top exchange markets, which offer relatively large discounts in trading.
If you want to invest in Zenchain, now is a good time to invest. Join now, visit https://zenchain.co/ for more details and remember to buy now before all tokens are sold out.

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The ZenChain Foundation is also developing a blockchain for decentralized financial applications and non-exchange tokens like NFT. For the purpose of introducing the future of the project. The creator works on the features of the blockchain system. Furthermore, ZenChain offers unparalleled transaction throughput, reduces the risk of failure, and introduces special features dedicated to providing decentralized financial services.

Zenchain's approach to solving this problem includes the following:

  • High throughput, scalable blockchain with Tendermint Power
  • Bridge from Ethereum, Tron, Binance smart chains to create cross-chain Defi and NFT solutions.
  • Oracle built-in decentralized pricing
  • Built-in primitive DeFi: Dex, Borrow & Borrow, IDO token, insurance.
  • Non-exchangeable Token applications such as minting, auction, NFT rental
  • NFTs X DEFI: bring the power of NFT to Defi and the ecosystem
    Defi for NFT

As planned, testnest will launch in April 2021. About mainnet and product will be announced later on our social channels, our network/blockchain contributors will be rewarded.
ZenChain Token IDO is a decentralized incubator that helps promising projects reach their full potential by leveraging the investment power and buzzing potential of the project community.
The platform allows crypto projects to raise capital by setting up a swap pool based on a fixed rate of token purchase. This so-called “Fixed Swap Pool” has many advantages for investors selling tokens compared to traditional fundraising models like ICOs, IEOs, and IDOs (Initial DEX Offerings). The fixed swap pool will maintain the token price throughout the sale until the initial supply is purchased.
With ZenChain Token IDO, decentralized projects will be able to raise and exchange capital cheaply and quickly. Users will be able to participate in a secure and compliant environment and use assets far beyond the current ERC20 standard.

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Conclude


When engaging in crypto arbitrage, the first thing you should keep in mind is that you are trading in a very volatile market. Therefore, you should do whatever it takes to optimize your trading speed before your profit opportunities close. You can maximize speed by sticking with highly liquid exchanges that can match and execute your orders instantly. In contrast, transactions on low volume exchanges can take several minutes before they are matched. By that time, the arbitrage opportunity may have expired. Here is some information that I have recently updated. This will make me very happy if the information I just shared can help you

http://www.zenchain.co/
https://docs.zenchain.co/
https://t.me/zenchaingroup
https://t.me/Zenchainofficial
https://twitter.com/zenchainco
https://medium.com/zenchain-protocol
https : //www.facebook.com/Zenchainoffi ...

Networkchange
https://bitcointalk.org/index.php?action=profile;u=2785643
https://bitcointalk.org/index.php?topic=5336756.msg57044995#msg57044995
0x5009F046cf7b101031aF3c135d01a99bf5fF42f8

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This project was a great discovery for me, thank you

great

It's great to listen to people who understand the topic.

thank you

The article deserves the attention of many Internet viewers.
Nice to see the article and find out the valuable information.

thank you for share

The project review article is excellent, thank you very much for such useful information, wish you success with the channel.

Zenchain very good project

It's great to listen to people who understand the topic.

I would love to see a good review!

thank you