ZenChain — new, modern blockchain with high throughput for DeFi & NFT.

In this article, I will tell you about the project-the Zenchain Protocol. About its goals in the cryptocurrency market, all the information about the project and its advantages in the cryptocurrency market.

The Zinchen Protocol is a new blockchain that was created specifically for DeFi & NFT.

Why was Zenchain created?

Decentralized applications, finance and other things (DeFi) have become very popular, they are actively gaining popularity and collecting large amounts of capital, and because of this, there is a very large load on the network. The field of DeFi applications was the Ethereum blockchain. Just because of this hype, the value of the Ethereum (ETH) has grown so much, and then the cost per transaction began to grow.

Transaction cost at the moment:

These are not the highest fees, until a recent update, the cost of transaction fees was 10 times higher.

Well, because of the high fees for a normal transaction, for a long time to complete a transaction, DeFi needs a new platform for easy use.

At some point, DeFi began to switch to the blockchain Binance Smart Chain, just because of this, the value of the BNB coin began to grow, the commissions also began to grow, and the network began to fail and not fulfill requests.

To solve all the problems, for a lower cost per transaction, for the sake of speed of transactions, a new blockchain will be created — Zenchain Protocol. The main goal of ZenChain is to optimize the operation of the blockchain, compatibility with other blockchains and stable operation of DeFi & NFT.

Features of the Zenchain Protocol:

• Fast and stable operation of the blockchain with high throughput.
• The blockchain is built specifically for Defi & NFT.
  Therefore, this platform will be ideal for using the DeFi & NFT functions, nothing else will interfere.
• Cross-chain platform
  The project will support a large number of blockchains, which will expand the range for using DeFi capabilities.
• The ability to use smart contracts.

Zenchain will work on blockchains :

• Solana
• Polkadot
• Raydium
• Ethereum
• Tron
• Binance Smart Chain
• Cosmos
• Cardano

The project also already has 4 funds that have invested their funds in the project:

The project also has a larger number of partners, which means that the project is building a worthwhile product for use.

About ZenChain blockchain:

The blockchain is currently in testnet, validators are testing the network and getting rid of all errors before launching the platform.

That is why the ZEN token now exists only on the Binance Smart Chain blockchain, after launching its own blockchain, it will move to its own platform.

The network will be launched in Q3 2021, according to the project roadmap:

ZEN token:

The maximum supply of tokens on the market is 100.000.000.

Since the project has its own blockchain, this token will be used to pay the commission. The token will also be used for stacking and ensuring stable operation, to create your own NFT and use DeFi.

Validators will hold ZEN tokens so that the network is stable and you can use the platform.

Social Media of project:

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

Me:

BTT — https://bitcointalk.org/index.php?action=profile;u=2857993
Proof of Authentication — https://bitcointalk.org/index.php?topic=5336756.msg57046623#msg57046623
Wallet — 0x50f38588e1d749421cDf273F0A19e1C641bBB608