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What is Zenon coin (ZNN) and how does it work?

by Financial Economy
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Zenon was launched as a POS/MS hybrid cryptocurrency in March 2019 and proposes a sharding-based decentralized architecture called Network of Momentum (NoM), which aims to build on existing blockchain and DAG architectures. Detailed information about what is Zenon coin (ZNN), how does it work, how much it costs, where to buy, etc. is in the continuation of the content. You can browse here for information about Syntropy coin (NOIA).

What is Zenon coin (ZNN) and how does it work?

Zenon was launched as a POS/MS hybrid cryptocurrency in Mar 2019 and proposes a sharding-based decentralized architecture called the Network of Momentum (NoM), which aims to build upon existing blockchain and DAG architectures.

Due to sharding, the network will reportedly be able to scale linearly as the number of nodes grows. The protocol differs from traditional blockchain consensus as transactions are not treated in batches, but asynchronously processed within shards, with the overall state of the network verified and validated at the end of each epoch (each epoch having a random timeframe).

The network will also feature a Turing complete scripting language that will allow developers to build and run zApps, create digital assets, and allow low-resource devices to participate in the network.

How to buy Zenon coin? How much is the ZNN coin price?

Zenon coin (ZNN) can be purchased from the listed cryptocurrency exchanges. But before trading, it is necessary to make sure that the exchange is “reliable”. As of November 3, 2021, the price of 1 ZNN coin is around $50.78. (Price may change instantly) The supply of Zenon coins (ZNN) in circulation in the market is 6,250,883 and the total supply of ZNN coins is 7,023,019. There is no data on the maximum supply.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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