Dubai, United Arab Emirates, 26th Jul 2024 – ZChains represents a new era in blockchain technology, offering the unique ZCD token. ZChains is a state-of-the-art Layer 1 blockchain, boasting a modular, EVM-compatible structure powered by a Proof of Stake (PoS) consensus mechanism.
This modular and extensible framework is designed for creating Ethereum-compatible blockchain networks, sidechains, and general scaling solutions. It utilizes the IBFT (Istanbul Byzantine Fault Tolerant) consensus mechanism, supported in the form of Proof of Stake (PoS), ensuring high performance and reliability.
The project was developed to create a high-performance network based on the PoS consensus. ZChains was created to address the barriers in integrating and scaling blockchain networks by providing a flexible and reliable infrastructure.
The platform supports interaction with multiple blockchain networks, allowing transfers of both ERC-20 and ERC-721 tokens through a centralized bridge solution. Users can interact with the network using industry-standard wallets via JSON-RPC endpoints, while node operators can perform various actions through the gRPC protocol.
The project contributes to the development of the blockchain ecosystem by offering scaling and integration solutions that lower entry barriers and enhance operational efficiency. The ZCD token serves not only as a utility token to support the ecosystem but also as a tradable asset in the market, fostering economic growth and community engagement.
Future Plans and Community Engagement
- Website Launch: A comprehensive introduction to the platform, detailing its features and benefits.
- Mainnet Launch: A significant milestone bringing the project to life.
- CEX Listings: Expanding the availability of ZCD on major exchanges, boosting market presence.
- Token Airdrop: Rewarding the community and increasing engagement with ZCD.
- CoinMarketCap and CoinGecko Listings: Enhancing market visibility and credibility.
- Zwap Launch: Offering streamlined trading experiences with advanced swap and bridge functionalities.
- In-House Launchpad: Providing a range of services, including token sales, staking, and yield farming.
- EVM Compatible dApps (Future Development): Opening the network for public dApp development, enhancing utility and engagement.
Stay tuned for updates on the project for innovative solutions in blockchain and ZCD integration, leading to broader accessibility and sustainable growth.
About the project
ZChains is an interoperable L1 network focused on delivering experience-based services. The platform not only facilitates integration with existing Ethereum-based dApps but also supports scalability and extensibility, making it ideal for the future of blockchain technology.
Media Contact
Organization: ZChains
Contact Person: Dan Steward
Website: https://www.zchains.com/
Email: Send Email
City: Dubai
Country: United Arab Emirates
Release Id: 26072414789