Those who often pay attention to me know that during the golden September and silver October, while everyone was bearish, I firmly remained bullish. The bottom recommendation of Zen at 7 dollars can be seen in my past public strategies; those bottom recommendations have multiplied several times. Dydx and Zen, Zen is Grayscale's favorite child. In the blockchain ecosystem, Horizen (ZEN) has become a highly regarded project due to its unique architectural design and strong technical support. This article will analyze from a professional perspective the division of labor between Horizen's main chain and side chains, as well as its token economics and practical application cases to help readers fully understand this innovative platform.
Overview of the Main Chain: Horizen's main chain integrates various advanced technologies, including Proof of Work (POW), Zero-Knowledge Proofs (Zk-SNARK), anti-51% attack mechanisms, smart contracts (for side chain integration), decentralized autonomous organizations (DAO), and a vast network composed of over 42,000 nodes. The main chain's core goal is to provide a simple and secure P2P value transfer and storage layer, utilizing the native token ZEN to serve the Horizen ecosystem and provide the necessary infrastructure support for side chain operations. The main chain's key functions include: - Secure Value Transfer: Ensuring the security and reliability of P2P transactions. - Native Token ZEN: Serving as the core of the ecosystem, supporting various services and operations. - Infrastructure Support: Providing a solid technical foundation for the development of side chains. Side Chain: The Infinitely Scalable Zendoo: Horizen's side chain architecture is called Zendoo, which boasts high scalability and flexibility. Each side chain has its own independent consensus mechanism, encryption algorithms, logic, and data rules, ensuring its autonomy and security. Efficient cross-chain transfer of ZEN coins can be achieved between the main chain and side chains, addressing the scalability issue of blockchain. Advantages of Side Chains: - Highly Decentralized: Independent consensus mechanisms and encryption algorithms. - Developer Friendly: Provides the ZEN side chain software development kit (SDK), simplifying the development process. Developers do not need to build a blockchain from scratch and can focus on application logic and data. Built-in zero-knowledge encryption tools are especially suitable for industries requiring strict privacy protection, such as healthcare and consumer data. ZEN Token Economics: The total supply of ZEN tokens is the same as Bitcoin, at 21 million, halving every four years. No longer a privacy coin is a great benefit; one can gradually build a position below ten dollars.
$PNUT is another big positive line. The contract has been reduced. Waiting for an opportunity to increase the position, and continue to hold the spot to see a new high. #BTC新高10W
Celebrating the number of live broadcast accounts exceeding 8 million, Sent out 10,000 Bitcoin red envelopes Wish all brothers a hundred times increase in this bull market, reply: I want a hundred times increase
I have been fighting with Erbing recently. It seems that Mercury is retrograde. It seems that the strategy of timely withdrawal is not very smooth recently.
Today, I have already bought nearly 1,000 oil from more than 200 oil. Erbing made a profit of 300 oil at 3571 and just added positions, it fell back to around 3541, and I lost money directly.
It's fate, I really can't love Erbing. Alipay was also restricted for 14 days again because of withdrawal, so I can't even recharge.
Has the Mercury retrograde period begun? I lost 300 oil today, 2,000 yuan It seems okay to lose 300 oil, but in fact, I can order 4 girls to drink together Add 300 oil and you can add 4 more girls...
I won't play today. Send out red envelopes and try your luck
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