!! Important Notice !! Important Notice !!
ZEN is still hovering between bullish and bearish, here is a brief introduction for everyone: All rewards of ZEC go to miners, while development relies on community-driven growth. Part of ZEN's rewards is used for development, aiming to realize Satoshi Nakamoto's vision of decentralized community autonomy.
ZEN is one of the forks of Zcash, thus it also possesses anonymous attributes such as zero-knowledge proof technology. The project was initially called zencash, and later rebranded to ZEN in 2018. The project does not have private placements or pre-mining, and the foundation will not take a cut from miners' block rewards, ensuring a relatively fair token distribution.
The project faces certain risks, particularly due to uncertainties in policy regulation concerning anonymous coins. In the future, under increasingly strict regulatory environments, it may face certain delisting risks. Additionally, there are numerous competing projects in the industry, each with its unique characteristics. Whether ZEN can stand out in the future will require some time to test.
ZEN is a governance token, currently used for staking and miner fees. A halving plan for mining rewards is set to take place soon. In the short term, this governance plan will reduce ZEN's supply, thereby supporting its price. In the long run, ZEN's development relies on the advancement of platform technology, while it may also be constrained by regulatory uncertainties.
Zen is an end-to-end encryption system that utilizes zero-knowledge technology, allowing for secure transfer and storage of communications, data, or value. The system it creates can integrate the following three functions to accelerate innovation: 1. Transactions, 2. Communications, 3. Competitive Management. Traditionally, these functions have been performed separately. The Zen network is a secure and anonymous model that utilizes a globally distributed blockchain and computing power structure. It provides an open platform for permissionless innovation, enabling them to develop their platform based on user performance. In August 2018, Zencash was rebranded to Horizen.
Recently, there's a potential coin that is about to explode with a short-term gain of 30%, along with some other coins that are about to double. Follow, like, and leave a comment 888! I'll tell you the answer! #加密市场盘整 #比特币市场波动观察 #“圣诞老人行情”再现 #灰度提交Horizen信托文件