Hi guys, welcome back to my blog. Today, I will introduce to you an amazing project, the project made me think that it will be the new hidden gems in crypto - Zenchain.

1. ABOUT ZENCHAIN

ZenChain is being developed by the ZenChain Foundation as a blockchain dedicated to decentralised financial (DEFI) applications and non-fungible tokens (NFTs). ZenChain provides unparalleled high transaction throughput, reduced risk of errors, and intelligent feature development specifically for the fulfilment of financial services for both fungible token and non-fungible token (NFT) on the blockchain by focusing on the functionality of the blockchain and dedicating it specifically to DEFI and NFTs.

Key features:

• Compatibility with the Web3 protocol.
• Quickly complete your transaction.
• Tendermint Core provides a high throughput.
• IBC allows for horizontal scalability.

Zenchain Protocol's Advantages

• User can earn additional LP fees in Dex if they use or hold these NFTs while using Defi.
• DEFI and NFT are the main applications being developed.
• When using Defi, the user can use or hold these NFTs, and they can also use DEX and another defi for a fee benefit.
• For all transactions, a high throughput is required.
• A blockchain dedicated to decentralised finance that is safer and more secure.
• Oracle module is used by ZenChain to power the Random Number Generator.

These key features are made possible by ZenChain's:

• The combination of these features allows developers to use existing Ethereum ecosystem tools and software to deploy smart contracts that interact with the rest of the Cosmos ecosystem in a seamless manner.
• Use the ABCI application interface from Tendermint Core to manage your blockchain.
• Expose a Web3 RPC layer that is fully compatible with existing Ethereum applications and tools (Metamask, Remix, Truffle, etc.).
• The Cosmos SDK implements leverage modules and other mechanisms.
• To avoid code reuse and improve maintainability, use geth as a library.

Zenchain Protocol is distinguished by its use of the ZenBridge ecosystem, which is a ZenChain -> Etherum, Polkadot, Binance smart chain, Tron, and other chain... bridge designed to run on the ZenChain with a focus on maximum design simplicity and efficiency. The bridge allows tokens (ETH, ERC20, DOT, TRX, TRC20, BEP20, etc.) to be transferred in both directions between Ethereum, Polkadot, Binance smart chain, Tron, and ZenChain.

Users send tokens (ERC-20, TRX20, BEP20, DOT) to the Zen Bridge Contracts that have been deployed on each chain, resulting in a LogLock event. When the ZenBridge relayer receives this event, it creates and signs a Tendermint transaction that encrypts the data and sends it to the Zen Chain. The transaction's validity is verified by the Zen Chain nodes. In ZenChain's banking module, new tokens representing ERC-20, TRX20, BEP20, and DOT are created.

Zenchain Protocol is fantastic because it combines these cross-chain features for the project. It appears that investors are also interested in learning more about it.

So, Why choose Zenchain Protocol in stead of other blockchain?

In the field of blockchain-based finance, DeFi has established itself as a leader. However, there are several key issues in the DeFi ecosystem that have yet to be resolved from the standpoint of investors:

• It takes a long time for transactions to be confirmed.
• When there is a lot of traffic, transactions are extremely expensive.
• There is a lack of interoperability between the systems.
• Insufficient protection

And the most special: ZenChain's special feature is full NFT and cross-chain Defi support. ZenChain enables the users of NFT to be more powerful, just not collectible, by lending and borrowing their NFTs and by using replaceable tokens (ERC20, BEP20, TRC20, etc.) to use the other strategy.

2. TOKENOMICS

With special non-fungible tokens, Zenchain provides access to decentralised finance (DeFi) (NFTs). The cryptocurrency industry is built on a foundation. Always allow people to manage their own finances. People will come and try to understand a DeFi or NTFs project if they understand what (DeFi) and (NTFs) are.

• Token Name : ZEN
• Token type : BEP20 & ERC20
• Total Token Supply : 100,000,000 ZEN
• Initial circ supply : 2,500,000 ZEN
• Initial market cap : TBA
• Unsold/Unused token : Burn

Allocation

3. A REVIEW ABOUT ZENCHAIN TEAM:

- ZenChain has a strong team:

The team of ZenChain consists of the strongest technical skill members who have many years of experience in blockchain and technology companies. The development team of ZenChain includes the most skilled members in management, technical, blockchain, marketing, IT, ... they have many years of experience in the areas in which they operate. The team is perfectly prepared to deliver an impeccable product to the global market.

- ZenChain has a great idea, well-built documentations, and a website

• The website at http://www.zenchain.co/​​ Has a beautiful interface, eye-catching and easy to see, contains all necessary information about the purchase, exchange well as development director of the project. It shows the professionalism of the ZenChain team in project operation.

• The Litepaper of ZenChain in English is available at https://docs.zenchain.co/ It contains information about the project, the development team, roadmap, development direction, operation, and ICO. This Whitepaper is designed very nicely and the information is illustrated in detail. This illustrates the great effort that the ZenChain team has put into this project.

Partner and Invested by large investment capital such as:

3. CONCLUDE

ZenChain is a project that is basically solving the core problems of the blockchain ​​ecosystem. that's also has been contributed with a lot of investors and partners. just see the team to investor, partners you will receive the biggest name in crypto industry. so why are you kinding this project?? Don't miss it!!!

You can take closer to ZenChain by a look at the following links:

• Website: http://www.zenchain.co/
• Litepaper: https://docs.zenchain.co/
• Telegram group: https://t.me/zenchaingroup
• Telegram channel: https://t.me/Zenchainofficial
• Twitter: https://twitter.com/zenchainco
• Facebook: https://www.facebook.com/Zenchainoffi...
• Medium: https://medium.com/zenchain-protocol
• Github: https://github.com/zenchainprotocol

Author

• Bitcointalk username: kropelos93
• Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=1903432
• Proof of Authentication link: https://bitcointalk.org/index.php?topic=5336756.msg56992279#msg56992279
• BEP-20 wallet: 0x373a1660005001A8f87d4003C61b8B41E167C06f