ZenChain Protocol — blockchain for the stable operation of DeFi, NFT.

Artem Pitulevich Blog
4 min readMay 20, 2021

In 2020–2021, there was a very strong hype of DeFi projects, they gained and still continue to gain huge capital due to such huge popularity. Next was the hype of NFT tokens, I would like to clarify that today these are two popular areas in the cryptocurrency world.

The Ethereum blockchain served as the basis for creating Delphi applications and NFT tokens. But then there were problems with transactions, the cost of a transaction, very long transactions, as well as sometimes transactions could simply be canceled and not executed at the end.

DeFi began to move to other blockchains, for example, to the Binance Smart Chain, but there were also problems with unstable operation and cancellation of transactions.

Therefore, a crypto project called ZenChain creates its own blockchain, which will be fully implemented for all the functions of DeFi and NFT.

ZenChain Protocol — high-throughput blockchain, a blockchain that supports smart contracts and cross-chain chains.

The peculiarity of this blockchain is its concentration on DeFi and NFT, you will be able to make transactions very cheaply and very quickly without any errors.

The project is just beginning its development, but it plans to make the blockchain user-friendly, creating Delphi applications with NFT.

The blockchain supports a cross-chain system, which means that it will work on several blockchains at once:

  1. Solana
  2. Polkadot
  3. Raydium
  4. Ethereum
  5. Cosmos
  6. Cardano
  7. Binance Smart Chain
  8. Tron

ZEN — payment element of the project

ZEN is a coin of this project, which will be used within the entire blockchain, to pay for gas for transactions, etc.

At the moment, the coin is launched as a token on the Binance Smart Chain.

Why?

Because at the moment, there is an active testing of the blockchain itself, it is not yet ready to enter the main network, after the start of the mainnet, everything will be launched and we will be able to see the coin on our own blockchain.

ZEN tokenomics:

The maximum supply will be — 100.000.000.

How will ZEN tokens be issued?:

ZEN tokens will be used to donate to the network for updates and improvements to the system, for renting and buying NFT, as well as the ZEN coin will ensure the stable and constant operation of the network.

When will the platform launch?

So far it is not known, at the moment it is not ready, the project stage-test is not.

Validators actively test the network, find errors and fix them, before launching the network must be fully tested and verified so that there are no errors at launch.

Take an active part in the testnet of the project and get a reward for it:
https://docs.zenchain.co/tutorials/reset-lotus-testnet

Why Zenchain?

There have been similar projects before, so why do you need to take a closer look at this project?

Zenchain creates a blockchain with huge opportunities for the future, with a huge margin in the expansion of the platform. You will not have any problems with transactions, everything should work without any problems on the network.

Also, at such an early stage, the project already has a large number of partners who support the project:

The project team is also not anonymous, which adds a few more points to the sincerity of the project’s intentions, many similar projects have an anonymous team:

ZenChain Protocol:

Website: https://zenchain.co
Facebook: https://www.facebook.com/Zenchainofficial
Telegram channel: https://t.me/Zenchainofficial
Telegram channel: https://t.me/zenchaingroup
Twitter: https://twitter.com/zenchainco
Github: https://github.com/zenchainprotocol
Medium: https://medium.com/zenchain-protocol

About author:

Profile — https://bitcointalk.org/index.php?action=profile;u=147150;
Post on Bitcointalk — https://bitcointalk.org/index.php?topic=5336756.msg57055088#msg57055088
My Wallet — 0xB5A6c257cC21118454F547af7d10b1758aea0639

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