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Zenon was launched in March 2019 as a POS/MS hybrid cryptocurrency. It introduces the Network of Momentum (NoM), a sharding-based decentralized architecture that builds upon existing blockchain and DAG architectures. The network is designed to scale linearly with the increasing number of nodes due to sharding. Unlike traditional blockchain consensus, transactions are processed asynchronously within shards, and the overall network state is verified and validated at the end of each epoch, which has a random timeframe. Additionally, the network will support a Turing complete scripting language for developers to build and run zApps, create digital assets, and enable low-resource devices to participate.

Issue Time
1970/01/01
Initial Price
US $ 0.17524393
Circulation/Max
6.33M/
Dominance
0.00%
ROI -58.18%
$0.17524393$14,535,421.56654699
Low · 2019/10/202019/10/20 · High

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What is the description of the coin?

Zenon was launched as a POS/MS hybrid cryptocurrency in March 2019. It introduces a sharding-based decentralized architecture known as the Network of Momentum (NoM), which aims to enhance existing blockchain and DAG architectures.

By utilizing sharding, the network is designed to scale linearly as the number of nodes increases. Unlike traditional blockchain consensus, transactions are processed asynchronously within shards, and the overall state of the network is verified and validated at the end of each epoch (random timeframe). Additionally, the network incorporates a Turing complete scripting language that enables developers to create and run zApps, build digital assets, and facilitate participation from low-resource devices.

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