Based on The Network of Momentum, it proposes a new type of architecture designed to overcome the limitations of current blockchain or DAG based cryptocurrencies.
Zenon Network is aiming to build a dApp platform (zApp, as they say). The lightpaper is presenting a groundbreaking novel consensus called “Network of Momentum”. The Network of Momentum is a gossip protocol using three kind of nodes (Pillars, Sentries & Sentinels) in order to shard the network and maintain its metastability. A peer reviewed yellowpaper is scheduled to be released in 2021 . Cardano, Algorand and Thundercore are among the only projects that went through proper academic reviews of their whitepaper(s). There are worse references and that’s it for the tech.
The Zenon Network team didn’t sell pre-minted tokens to Angel Investors and VC’s to make them dance the derisk dump on communities, they started a placeholder blockchain. The emission and distribution are based on a PoS (Proof of Stake) consensus and tied to the market forces. Fair. You want it, you can buy, you support it, you can stake.
website -> Zenon.Network
The advantage of this coin is:
- High scalability and low latency(for more info please consult their whitepaper founded on main website)
- Good token economics, only 8 mil will be emitted until main net.
- Anon team
- Team always handled the issues very professional
- Their graphic design is one of the best!
- Community focus coin
- Peer reviewed yellow paper
I will let you to decipher the Zenon enigma, there are rumors that are backed by a big social media platform.
For more information:
- Follow their twitter: /Zenon_Network
- Read their medium articles: /@zenon.network
- Join our main telegram chat: https://t.me/zenonnetwork
- Join our community telegram chat: https://t.me/zenon_community
A summary about zenon you can find here:
medium article -> /@moonpapers/zenon-network-and-the-bad-seeds-d87c01fe9abe
hackernoon article -> /how-not-to-fracture-a-layer-1-chain-qgi530g3
Until alphanet launch Zenon is listed only on 3-4 small exchanges and is trading at 8$, more information on coingecko
Don't hesitate to ask me any question and enjoy your research!