It should be known clearly that Bitcoin and Exzie are both Cryptocurrencies. Cryptocurrencies are both electronic monies and digital financial assets. The first feature implies that these currencies are not in paper or print form that we know as Fiat Money, but instead are stored and transferred from electronic devices like mobile phones, computers, memory sticks, rigs et cetera. The second feature implies that Cryptocurrencies are not only means of exchange; they are also investment instruments. Their speculative nature subjects their value to the interplay of demand and supply, making them a very attractive investment class to hold by investment banks, tech savvy individuals and the general public. The primary aim of the technology behind Cryptocurrency is to ensure a decentralized peer-to-peer monetary system whereby the value of money is determined by the people spending it and not largely based on assumptions by a general regulatory authority known as the Central Banks.
According to Wikipedia, The validity of each cryptocurrency is provided by a blockchain. A blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography (constructing and analyzing protocols that prevent third parties or the public from reading private messages). Each block typically contains a hash pointer as a link to a previous block, a timestamp (creation and modification time of a transaction that cannot be changed even by the owners of the transaction) and transaction data.]By design, blockchains are inherently resistant to modification of the data. It is "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way". For use as a distributed ledger, a blockchain is typically managed by a peer-to-peer network collectively adhering to a protocol for validating new blocks.
The domain name "bitcoin.org" was registered on 18 August 2008 by Satoshi Nakamoto. Satoshi implemented the bitcoin software as open-source code and released it in January 2009. The receiver of the first bitcoin transaction was cypherpunk Hal Finney. Finney downloaded the bitcoin software on its release date, and on 12 January 2009 received ten bitcoins from Nakamoto. Other early cypherpunk supporters were creators of bitcoin predecessors: Wei Dai, creator of b-money, and Nick Szabo, creator of bitgold. In 2010, the first known commercial transaction using bitcoin occurred when programmer Laszlo Hanyecz bought two Papa John's pizzas for ₿10,000. Bitcoin being a speculative financial asset has seen a great increase in value from its inception in 2008 when it was exchanged for $0.08/unit to this moment where the price is well over $10,000/unit. Being the first Cryptocurrency and yardstick for measuring the performance of many other Cryptocurrencies, Bitcoin has recorded a great achievement as an investment instrument though with a not too impressive adoption as means of payment in the open market.
The domain name "exzie.com" was registered in 2015 by Dipo Adagbada, as an online publishing platform for business management books. In 2018, the Exzie platform was re-positioned to be a Decentralized Application (DApp) providing business solution using latest financial technologies such as Blockchain, Big Data, and Artificial Intelligence to solve challenges faced by Micro, Small and Medium Scale Enterprises in developing nations. The smart contract represents the core logic of Exzie. Smart contracts are integral building blocks of blockchains, that process information from external sensors or events and help the blockchain manage the state of all network actors. The domain was changed to ‘Exzie.io’ and a mobile app version was made available via Google Playstore. Visitors of both app and website can use the platform as ‘Guest Users’ or ‘Manager-Users’. The former can use the platform free of charge but only has access to a limited area of the platform. The latter however, pays periodically to make use of the platform’s services which includes, Cloud Storage, Peer-To-Peer Funding, Business Intelligence, Data Center, Business Emailing, et cetera. EXZ is the cryptocurrency that will be adopted as means of payment on Exzie, and all transactions and relationships will be woven around EXZ Cryptocurrency. The Initial Coin Offering for EXZ Cryptocurrency began in February 2019 and currently on-going till August 11th; the public is invited to be initial holders of this cryptocurrency.
To wrap it up, the goal of every Cryptocurrency enthusiast is that this monetary technology be used daily as means of payment and accepted everywhere around the globe. However, from the study of events, that may take longer than earlier thought, as Cryptocurrencies are coming under serious scrutiny and regulations by government of various countries. This is not to say Cryptocurrencies have not done exceedingly well as investment assets, in fact they seem to be investor’s favourite since 2017, doing over 100% Return On Investment in that particular year. Is a certain Cryptocurrency better than the other? This is a question that can be misleading in the decision of a cryptocurrency investor. It is like asking is Gold better than Flour in commodity investing? Like any investment asset, every cryptocurrency has its determining factor, as to what makes it a good investment or not at that moment. It is always important to research and/or consult a financial adviser.