Zenon Network

Understand essential crypto terminology relevant to ZeraPay, ensuring clarity in concepts like blockchain, wallets, and transactions for enhanced comprehension.

Zenon Network is a blockchain platform focused on scalability and decentralization. It uses a unique consensus mechanism called “Dynamic Proof of Stake” (DPoS), which enables efficient transaction processing while maintaining the network’s security.The network features a native cryptocurrency called ZNN, which is used for various functions, including staking, transactions, and governance. Users can earn rewards by participating in the network’s operations, such as validating transactions and maintaining the system.Zenon aims to facilitate decentralized applications and has a strong emphasis on community involvement. Its infrastructure supports features like instant transactions and cross-chain functionality, allowing interoperable interactions with other blockchain networks.Overall, Zenon Network focuses on creating a user-friendly ecosystem that balances innovation and decentralization, aiming to empower developers and users alike.

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