- #2165
Zenon ZNN
ZNN Price
Market Cap
$5.76 MRank #2165FDV
$6.47 MRank #2180Investors
X Followers
Detailed Performance
ZNN shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
ZNN to USD Converter
Price History
- All-Time High
- $5.516.05x to ATH
- All-Time Low
- $0.50171.81x to ATL
- Trade Launch Date
- 15 Jun, 2023
555 days ago
Exchanges
Exchanges type
About ZNN
Zenon is a cryptocurrency platform that operates on the Network of Momentum (NoM). It is designed to provide security, censorship-resistance, and feeless transfers. Zenon uses the Zenon Token Standard (ZTS) to ensure that all crypto-assets issued on the platform inherit the same properties as Zenon (ZNN) and Quasar (QSR). The platform offers user-friendly interfaces like the Syrius wallet for seamless issuance of ZTS tokens. Zenon also has a variety of applications, a global community, and SDKs in popular programming languages for developers to interact with the platform. Additionally, it has a protocol-level treasury called Zenon Fabric and the Accelerator-Z embedded contract to fund ongoing operations and expand the ecosystem.
What makes Zenon unique?
Zenon has several unique features that set it apart from other cryptocurrencies.
Firstly, Zenon utilizes a hybrid consensus approach that combines the best elements of Proof-of-Work (PoW) and Proof-of-Stake (PoS). This hybrid consensus mechanism ensures the security of the Network of Momentum while also allowing for efficient and scalable transaction processing.
Secondly, Zenon adopts a multi-chain approach, allowing for atomic swaps and decentralized cross-chain bridges. This enables users to access and transfer value in a censorship-resistant way, while also unlocking new use cases and enhancing portability.
Another unique aspect of Zenon is its focus on interoperability with Bitcoin. By tapping into the security and decentralization of the Bitcoin blockchain, Zenon aims to provide a more robust and resilient ecosystem.
Additionally, Zenon introduces the Zenon Token Standard (ZTS), which ensures that all crypto-assets issued on the platform inherit the same properties as Zenon, such as security, censorship-resistance, and feeless transfers. This enables seamless issuance of tokens through a user-friendly interface directly from the Syrius wallet.
Furthermore, Zenon employs a novel anti-spam mechanism called Plasma, which enables feeless transactions by either fusing Quasar (QSR) or harnessing the power of PoW.
Lastly, Zenon operates on a dual-coin economy based on Zenon (ZNN) and Quasar (QSR). This dual-coin model incentivizes fair participation in the network and helps avoid the compounding effect seen in many PoS systems.
Overall, Zenon's unique combination of hybrid consensus, multi-chain approach, interoperability with Bitcoin, feeless transactions, and dual-coin economy make it stand out among other cryptocurrencies.
Live Zenon Price Data
The current price of Zenon (ZNN) is approximately $0.9103, reflecting a decrease of -14.69% in the last 24 hours. The ZNN trading volume in the last 24 hours stands at $33,210.76. Zenon's market cap is currently $5.76 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of ZNN is 6.33 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Zenon's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ZNN, check out our crypto insights page.
Official Links
ZNN to USD Converter
Price History
- All-Time High
- $5.516.05x to ATH
- All-Time Low
- $0.50171.81x to ATL
- Trade Launch Date
- 15 Jun, 2023
555 days ago