- N/T
ZEOSÂ ZEOS
We lack of accurate trading data.
This could be attributed to several reasons, including limited exchange liquidity or delisting. Or might be due unable to provide support for exchanges where this asset is currently tradable.
Investors
Twitter Followers
Twitter Performance
98Rank by Twitter #10985- 0
- 100
- 1000
- 4000
About ZEOS
ZEOS is a gas token that powers private access to the EOS ecosystem without the need for an EOS account. It functions similarly to Ether on the Ethereum network, where the amount of ZEOS required for a transaction depends on the EOS blockchain resources consumed. ZEOS also incorporates the latest zk-SNARK proving system from ZCash, which ensures privacy in transactions. Additionally, ZEOS employs a synthetic approach to creating zAssets, maintaining a pool of external collateral to mitigate risk. It is built on the EOS blockchain, allowing for fast and cost-effective transactions.
What makes ZEOS unique?
ZEOS is unique compared to other cryptocurrencies in several ways:
1. High Performance and Instant Transactions: Since ZEOS is built on the EOS blockchain, its private transactions benefit from the high performance of EOS. This means that transactions are almost instantaneous and final after only a few seconds, making ZEOS have significantly shorter transaction times compared to other privacy coins.
2. Scalable and Cheap: ZEOS is designed to be scalable and cost-effective. This means that as the network grows, it can handle a large number of transactions without sacrificing performance. Additionally, the transaction fees on the ZEOS network are kept low, making it an affordable option for users.
3. Share Token: ZEOS functions as a "share token" in the ecosystem. It is required, along with external collateral, to mint synthetic zAssets. The value of ZEOS compared to all circulating zAssets affects the burning of ZEOS when new synthetic assets are minted. This mechanism provides incentives for the appreciation of ZEOS.
4. Governance Token: ZEOS also serves as a governance token, allowing token holders to participate in decision-making processes and shape the development and direction of the ZEOS ecosystem.
5. ZCash Privacy: ZEOS utilizes the latest zk-SNARK proving system from ZCash for its private transactions. This technology ensures that transactions on the ZEOS network are highly secure and private, utilizing one of the leading privacy technologies in the blockchain space.
6. Synthetic Assets: ZEOS enables the creation of synthetic assets called zAssets. These assets are not exclusively created by burning ZEOS. Instead, the protocol maintains a pool of external collateral based on the overall valuation of all zAssets in circulation and the ZEOS token itself. This helps reduce the risk of over-leveraging the system.
7. Capital Efficiency: ZEOS is designed to be capital efficient. By utilizing external collateral and the valuation of zAssets, the protocol manages risk and ensures the stability of the ecosystem.
Overall, ZEOS offers a unique combination of high performance, privacy, scalability, governance, and capital efficiency, making it stand out among other cryptocurrencies.