Zen Protocol ZP
Zen Protocol Price Change 24H Change 7D Change 1M Change YTD Market Cap Volume 24H Circ. Supply
- - - - - - - 22.64 M 2.5/5 (#1635)
Show Quick Stats

What is Zen Protocol

Learn what is Zen Protocol and how does Zen Protocol work

Zen Protocol clarity of purpose

Zen Protocol purpose and aspects

Zen Protocol is building a platform that will let anyone in the world find and use financial products with strong security. They want to open up the ability to create new kinds of assets to a global base of developers and financial engineers.

Zen Protocol categories

Short description

Zen is a decentralized financial platform, built from scratch with the goal of providing people with a secure, scalable and useful infrastructure for creating their own financial instruments, and trading them directly without intermediaries. The Zen blockchain is secured by multiple proof-of-work algorithms, with token-holder voting on the balance between them.

Abstract

We introduce Zen, a blockchain to trade in any kind of financial asset with the same consensus on ownership and freedom from central control that Bitcoin provides for money. These assets connect to digital agreements with powerful, programmable abilities to process information and grant rights. Zen observes the Bitcoin network and allows for assets backed with Bitcoin. Before discussing Zen in detail, let’s look at what can be done with the Bitcoin protocol itself.

Link to Roadmap: n/a

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.

Dark Theme   Light Theme