What is CENNZnet? CENNZnet is a highly scalable, EVM-compatible, decentralized layer-2 Blockchain network. cryptocoin.com In this article, we answered questions such as what is CENNZnet, what it offers, what is CENNZ coin, what is it for and how to get it. Let’s take a look at this layer-2 network that powers decentralized applications (dApps).
What is CENNZnet?
CENNZnet is a Blockchain network that works in harmony with the Ethereum Virtual Machine (EVM), which offers high speeds to users. Running on Layer-2, this network offers various features and products for dApp developers. Accordingly, the platform supports developers by powering dApps. Users can develop their own dApps within the CENNZ ecosystem. The platform describes its mission as “providing the ultimate experience for developers and casual users alike”.
The platform tries to provide this experience to users with various Blockchain-based services it offers. CENNZnet places emphasis on decentralization, creating an ecosystem accessible to all. However, it ensures that user data remains private while supporting network transparency. The ecosystem provides its security with the features offered by Blockchain. However, it also has a level of scalability that most other networks lack. Due to its high scalability, the platform works extremely quickly.
What does CENNZnet offer?
With CENNZnet, developers can take advantage of protocol-level runtime modules. These modules cover a variety of core services. Accordingly, they include some products such as confirmation, messaging and currency. Developers can build their projects very quickly using these modules. DApps built within the platform are highly scalable. Therefore, developers can quickly develop, deliver, test and run their own products.
For users, CENNZ provides an exceptionally good experience. Users can use dApps created by developers within the platform. In doing so, the platform does many things to protect users. For example, it does not sell users’ data to third parties. Instead, it leaves the management to the user. However, the platform has an extremely simple interface. In this way, even a user with no knowledge of Blockchain can benefit from dApps.
What is CENNZ? What does it do?
CENNZnet uses a dual token system. With the cryptocurrency called CPAY, the network makes it possible to generate transactions and blocks. With this cryptocurrency, users make various payments within the platform. CENNZ coin is the platform’s governance and staking token. With this token, users can participate in the management of the platform by using their assets. However, they can earn passive income by locking their tokens into the platform’s smart contracts.
What is CENNZnet? How to get CENNZ?
CENNZnet is currently traded on Bithumb, MEXC, HitBTC and BKEX exchanges. Interested investors must be members of one of these exchanges. Users who complete their membership process must deposit an asset in their account according to CENNZ parities. After they do this, they can purchase the token.
