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fencojay1
@Square-Creator-624968440
Crypto Developer/ Promote
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Dogecoin has finally surged above the crucial $0.48 resistance level, briefly reaching $0.484 before pulling back slightly. This marks a significant development for the meme coin, as it had struggled to break past this level for weeks. The move has sparked renewed optimism among traders and investors who see potential for further upside.
$DOGE $DOGE
#Binance #DOGE #BTC #USDTEC
$DOGE $DOGE
#Binance #DOGE #BTC #USDTEC
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join binance trading today to earn about 50% per of your inventory and join my community
https://www.binance.com/en/activity/referral-entry/CPA/together?ref=CPA_00CBF1F669#BNBecosystem #BTC #Stablecoins #Blur #BBW2023
https://www.binance.com/en/activity/referral-entry/CPA/together?ref=CPA_00CBF1F669#BNBecosystem #BTC #Stablecoins #Blur #BBW2023
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Merry Christmas
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首席操盘手日记
--
The free live analysis below is available for listening at any time
29 minutes and 30 seconds, accurate analysis of Bitcoin rebounding from the W-shaped double bottom near 92500📈📈4000 points already
Merry Christmas🧑🎄🎄Come and get the red envelope🧧⬇️
29 minutes and 30 seconds, accurate analysis of Bitcoin rebounding from the W-shaped double bottom near 92500📈📈4000 points already
Merry Christmas🧑🎄🎄Come and get the red envelope🧧⬇️
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The counterfeit season has arrived!
LIVE
泵泵超人
--
🔶 Are you ready? The alt season may really be coming
⮕ Important indicators of the alt season: 75% or more of the top 50 cryptocurrencies have outperformed Bitcoin in the past 90 days, which means that the alt season has come
As the saying goes: everyone is good, it is really good, but $BTC is not really good😂
Today, Bitcoin fell, and altcoins generally rose, which made us see the arrival of this opportunity!
Bitcoin has been rising for so long, it’s time for altcoins, go for it!
#比特币市场波动观察 #山寨币热点 $ETH $SOL #比特币战略储备
⮕ Important indicators of the alt season: 75% or more of the top 50 cryptocurrencies have outperformed Bitcoin in the past 90 days, which means that the alt season has come
As the saying goes: everyone is good, it is really good, but $BTC is not really good😂
Today, Bitcoin fell, and altcoins generally rose, which made us see the arrival of this opportunity!
Bitcoin has been rising for so long, it’s time for altcoins, go for it!
#比特币市场波动观察 #山寨币热点 $ETH $SOL #比特币战略储备
🤝🐯🧡
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TIGRE_48
--
• Thank you very much for considering me a KOL 🐯.
• I value the trust placed in me and I hope to continue contributing positively.
• Thanks to the entire community 🤝🐯🧡 for the support.
#StaySafeInTheCryptoWorld
#BinanceRiskteam
#AntiScamEducation
🤝🐯🧡..
• I value the trust placed in me and I hope to continue contributing positively.
• Thanks to the entire community 🤝🐯🧡 for the support.
#StaySafeInTheCryptoWorld
#BinanceRiskteam
#AntiScamEducation
🤝🐯🧡..
🐯
LIVE
TIGRE_48
--
• Thank you very much for considering me a KOL 🐯.
• I value the trust placed in me and I hope to continue contributing positively.
• Thanks to the entire community 🤝🐯🧡 for the support.
#StaySafeInTheCryptoWorld
#BinanceRiskteam
#AntiScamEducation
🤝🐯🧡..
• I value the trust placed in me and I hope to continue contributing positively.
• Thanks to the entire community 🤝🐯🧡 for the support.
#StaySafeInTheCryptoWorld
#BinanceRiskteam
#AntiScamEducation
🤝🐯🧡..
🤝🐯🧡
LIVE
TIGRE_48
--
• Thank you very much for considering me a KOL 🐯.
• I value the trust placed in me and I hope to continue contributing positively.
• Thanks to the entire community 🤝🐯🧡 for the support.
#StaySafeInTheCryptoWorld
#BinanceRiskteam
#AntiScamEducation
🤝🐯🧡..
• I value the trust placed in me and I hope to continue contributing positively.
• Thanks to the entire community 🤝🐯🧡 for the support.
#StaySafeInTheCryptoWorld
#BinanceRiskteam
#AntiScamEducation
🤝🐯🧡..
THE NEW BTC HOLDER
#BtcNewHolder
the new future of BTC $BTC
If you've just bought Bitcoin for the first time, congratulations! 🎉 You’re now part of a global community that believes in the future of digital money. Here’s a simple guide to help you understand your new journey:
#BtcNewHolder
the new future of BTC $BTC
If you've just bought Bitcoin for the first time, congratulations! 🎉 You’re now part of a global community that believes in the future of digital money. Here’s a simple guide to help you understand your new journey:
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I GO DOWN
Bio is listed on Binance launchpool. RIF and URO, which are also DESCI concepts, also started to rise sharply after receiving this news.
And these two coins have been listed on Binance Alpha and can be purchased in the wallet. Take off🚀🚀🚀
And these two coins have been listed on Binance Alpha and can be purchased in the wallet. Take off🚀🚀🚀
See original
Keep it up
The volatile market is quite boring, going up and down! However, this kind of market is quite suitable for playing ultra-short lines, making a profit and running! Okay, let's go back to the market. Although Bitcoin has rebounded, it is still firmly suppressed by the 4️⃣h Bollinger middle band. If it doesn't break through the 4️⃣h upper band, the rebound of BTC will be hard to take off! The hourly bearish trend is also further developing! So, I think it's a bit difficult to form a reversal situation! If it stands above the 4️⃣h Bollinger middle band, brothers can pay attention to the daily resistance level of 97131! In addition, the daily shape of BTC is also not optimistic, so everyone should pay attention to risks with spot or long positions, otherwise, a rebound could trick you, and then the decline will severely trap you! Currently, the position is quite awkward, and the market makers are testing everyone's patience. During this time, we must be especially wary of market makers going up and then creating a false breakout!
1
The $15 billion stablecoin compensation from $FTT FTX will be gradually released to customers after January 6th next year!
#加密市场盘整
#加密市场盘整
1
What is Bio Protocol?
BIO Protocol is a decentralized science (DeSci) curation and liquidity protocol, initially funded by Binance Labs, aimed at supporting and providing resources for scientific research projects, promoting innovation in scientific research.
It can be understood as the 'Y Combinator for on-chain science'.
BIO Protocol includes core components such as BioDAO, curation system, intellectual property (IP) transformation and liquidity, and incentive mechanisms. It has built a diverse and highly participatory community through multiple rounds of auctions and airdrop plans, laying the foundation for a decentralized biomedical research network.
Most importantly, BioDAO raises funds through token sales and uses its funds to support and develop biotechnology projects related to its mission, creating shared intellectual property ownership among its members.
According to official information, there are currently 7 sub-DAOs successfully launched, with 3 sub-DAOs still in progress, raising a total of $23.5 million and deploying $7.2 million in research funds.
#币安LaunchpoolBIO
BIO Protocol is a decentralized science (DeSci) curation and liquidity protocol, initially funded by Binance Labs, aimed at supporting and providing resources for scientific research projects, promoting innovation in scientific research.
It can be understood as the 'Y Combinator for on-chain science'.
BIO Protocol includes core components such as BioDAO, curation system, intellectual property (IP) transformation and liquidity, and incentive mechanisms. It has built a diverse and highly participatory community through multiple rounds of auctions and airdrop plans, laying the foundation for a decentralized biomedical research network.
Most importantly, BioDAO raises funds through token sales and uses its funds to support and develop biotechnology projects related to its mission, creating shared intellectual property ownership among its members.
According to official information, there are currently 7 sub-DAOs successfully launched, with 3 sub-DAOs still in progress, raising a total of $23.5 million and deploying $7.2 million in research funds.
#币安LaunchpoolBIO
See original
Profit and Loss Ratio
#盈亏比
Risk-Reward Ratio is a financial term used to assess the risk and potential return of a trading strategy or investment decision. It is a ratio that represents the relationship between the risk an investor is willing to take and the expected return. Specifically, the risk-reward ratio is calculated by dividing the potential loss (risk) by the potential gain (return).
The formula for calculating the risk-reward ratio:
Risk-Reward Ratio = Potential Loss / Potential Gain
Types of Risk-Reward Ratios:
1. Fixed Risk-Reward Ratio: Investors set a fixed risk-reward ratio before entering a trade, such as 1:2, meaning for every 1 unit of risk taken, they expect to gain 2 units of return.
2. Dynamic Risk-Reward Ratio: Adjusts the risk-reward ratio dynamically based on market conditions and changes in trading strategies.
Applications of Risk-Reward Ratio:
• Trading Strategy Assessment: Helps investors evaluate the risk and return of different trading strategies and choose more favorable ones.
• Capital Management: By setting a reasonable risk-reward ratio, investors can better manage their capital, avoiding significant losses in single trades that could impact the overall investment portfolio.
• Risk Control: The risk-reward ratio is an important tool for risk control, helping investors limit losses while maximizing profit potential.
Importance of Risk-Reward Ratio:
• Risk Management: The risk-reward ratio is central to risk management, helping investors understand the risks they are willing to take under different circumstances.
• Decision Making: When faced with multiple trading opportunities, the risk-reward ratio can help investors make more informed decisions.
• Psychological Factors: The risk-reward ratio can also help investors overcome psychological barriers such as overtrading or the fear of losses.
In summary, the risk-reward ratio is an important tool that helps investors pursue profits while reasonably controlling risks. However, the risk-reward ratio is not the only decision-making factor; it needs to be considered alongside market analysis, personal risk tolerance, and other trading indicators.
Risk-Reward Ratio is a financial term used to assess the risk and potential return of a trading strategy or investment decision. It is a ratio that represents the relationship between the risk an investor is willing to take and the expected return. Specifically, the risk-reward ratio is calculated by dividing the potential loss (risk) by the potential gain (return).
The formula for calculating the risk-reward ratio:
Risk-Reward Ratio = Potential Loss / Potential Gain
Types of Risk-Reward Ratios:
1. Fixed Risk-Reward Ratio: Investors set a fixed risk-reward ratio before entering a trade, such as 1:2, meaning for every 1 unit of risk taken, they expect to gain 2 units of return.
2. Dynamic Risk-Reward Ratio: Adjusts the risk-reward ratio dynamically based on market conditions and changes in trading strategies.
Applications of Risk-Reward Ratio:
• Trading Strategy Assessment: Helps investors evaluate the risk and return of different trading strategies and choose more favorable ones.
• Capital Management: By setting a reasonable risk-reward ratio, investors can better manage their capital, avoiding significant losses in single trades that could impact the overall investment portfolio.
• Risk Control: The risk-reward ratio is an important tool for risk control, helping investors limit losses while maximizing profit potential.
Importance of Risk-Reward Ratio:
• Risk Management: The risk-reward ratio is central to risk management, helping investors understand the risks they are willing to take under different circumstances.
• Decision Making: When faced with multiple trading opportunities, the risk-reward ratio can help investors make more informed decisions.
• Psychological Factors: The risk-reward ratio can also help investors overcome psychological barriers such as overtrading or the fear of losses.
In summary, the risk-reward ratio is an important tool that helps investors pursue profits while reasonably controlling risks. However, the risk-reward ratio is not the only decision-making factor; it needs to be considered alongside market analysis, personal risk tolerance, and other trading indicators.
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Good night and wealth
LIVE
首席操盘手日记
--
Public post, free prediction of decline📉
Very comfortable, good night💤
🧧🧧⬇️$BTC
$ETH
Very comfortable, good night💤
🧧🧧⬇️$BTC
$ETH
BTC
🗣CZ reported that the United Arab Emirates (UAE) owns $40 billion worth of BTC.
$BTC
$BTC
was
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.
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.
See original
IT WAS
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.
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.
See original
Eat Meat
Brothers, has LINK caught up with the meat?
it was
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.
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.
it was
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.
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.
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