ZYX Network

ZYX Network is a cryptocurrency created as a means of payment for a fast-growing digital ecosystem in which the economic motives of each individual participant provide an increase in the overall wealth and wellbeing of the entire community. The main strategic success factor for ZYX Network is the fact that it will be relying on the growth of scaling and balancing of supply and demand for funds.

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What is ZYX Network

The main strategic success factor for ZYX is the fact that it will be relying on the growth of scaling and balancing of supply and demand for funds.

Open source

All the data are freely available on GitHub with an SDK for applications based on ZYX Network

Decentralization

Decisions on updates and changes are made by a majority of votes using the option built into the native wallet

Smart contracts

The ability of using the cryptocurrency to create decentralized banks, exchanges, credit services, exchangers, casinos, betting shops, games and applications

Web3.js Technology

Which is widely available and is used as the basis for the Tron and Ethereum wallets. It allows to conveniently use the wallet as an access key to sites and services in which cryptocurrencies are used as a means of payment

The key difference between ZYX Network and the “classic” PoS concept lies in the mechanism of ensuring the network with monetary supply. The ZYX Network team refrained from a full emission approach when generating the first block. Only 1% of the total number of coins was distributed with the network launch using pre-mining. The remaining coins will be issued during PoS mining as incentive payments to loyal ZYX holders for supporting the network.