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Zenon

Zenon

A digital ledger technology platform for transferring value and data.

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All edits by  Oleg Mikhailina 

Edits on 29 Jan, 2022
Oleg Mikhailina profile picture
Oleg Mikhailina
edited on 29 Jan, 2022
Edits made to:
Article (+803 characters)
Article

Zenon was launched as a POS/MS hybrid cryptocurrency in Mar 2019 and proposes a sharding-based decentralized architecture called the Network of Momentum (NoM), which aims to build upon existing blockchain and DAG architectures.

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Due to sharding, the network will reportedly be able to scale linearly as the number of nodes grows. The protocol differs from traditional blockchain consensus as transactions are not treated in batches, but asynchronously processed within shards, with the overall state of the network verified and validated at the end of each epoch (each epoch having a random timeframe). The network will also feature a Turing complete scripting language that will allow developers to build and run zApps, create digital assets, and allow low-resource devices to participate in the network.

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