Reddit Posts
A Report on ZNN and the Network of Momentum
Research Report on Zenon Network
Zenon Network: A New Era in Decentralized Ledger Technology
+ 1.5M% volume increase on new BTC L2 - Zenon Network
+1,500,000% volume increase of BTC L1 over the weekend - Zenon Network
LAYER 1 POLL UPDATE: Only 7% Correct out of N=501 results. Zenon is the only Layer 1 that has all six attributes embedded directly into the wallet itself.
Some views on the Network of Momentum and how it's actively solving the fundamental problems of current "decentralized" networks.
Decentralized on chain voting framework Accelerator Z is now live.
$ZNN Zenon - Network of Momentum - 8M Max supply, 30M Mcap
$ZNN Zenon - Network of Momentum - 8M Max supply, 30M Mcap
$ZNN Zenon - Network of Momentum - 8M Max supply, 30M Mcap
$ZNN Zenon - Network of Momentum - 8.02M Max supply, 30M Mcap
$ZNN Zenon - Network of Momentum - 8.02M Max supply, 30M Mcap
Zenon - Network of Momentum - Hyperspace x Accelerator-Z: towards a DAO of DAOs
Zenon Network new wallet s y r i u s 0.0.3 includes an embedded full node that allows anyone to join the network without relying on third parties, ensuring that non-tech users enjoy the same level of security and privacy as more technical users.
Network of Momentum - Mission 2022 - Atomic Era - Zenon Network
Full Node Invasion - Network of Momentum - Zenon $ZNN
Zenon Network of Momentum - the fast and feeless decentralized layer1 network with unique dual-coin & hybrid PoS/PoW 👽
Committing to completing a new crypto-related activity; each week of 2022.
Committing one new crypto-related activity; every week of 2022.
This project has come out of no where to be the first truely secure feeless platform. I think it deserves some discussion.
Zenon Network, a highly scalable low fee platform using DAG (IOTA) with block lattice (NANO) dual coin architecture, is releasing a new wallet called S y r i u s. A state of the art wallet on which anyone can easily store, stake, or manage their ZNN, QSR, and ZTS tokens.
ZNN; Network of Momentum will be here very soon, first stop is the new wallet Sirius
ZNN, this is the Network of Momentum, the brightest star will shine very soon !
ZNN, Network of Momentum ! wallet is near by and the future is bright as Sirius star !!!
$ZNN #ZenonNetwork dig deeper. Read article attached
$ZNN dyor for ease of reference check the link.
Mentions
tldr; The article is a comprehensive guide for beginners on how to use the Zenon Network, a decentralized platform that enables feeless transactions and prioritizes community governance. It covers the steps to download and set up the Syrius wallet, use the NoM Multichain Bridge, and earn yield on ZNN, the network's main currency. The guide also explains the role of Quasar (QSR), the secondary currency, and provides information on network participation levels, rewards, and the use of tools like zenon.tools for calculating APY. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
$ZNN is a comnunity run network that had a unique egalitarian launch. It's a PoW/PoS hybrid that gave the initial token distribution tlas rewards to anyone who contributed to the placeholder chain running a node over the first 2 yrs. Zenon.org
If you're a fan of nano you'll like ZNN. Feeless with the same tech but with much more potential with smart contracts and btc interoperability.
$ZNN Small community run L1 with some big brained tech to add programmability and scale bitcoin in a trustless decentralized way acting as an L2. Uses the same DAG as nano so you can transact without fees, tokenomics are good something like 90% of native assets are locked in infrastructure with no pre sales or shady allocations to insiders. Good project.
Feel free to ask in Zenon official TG. I was looking into this project since the bitcoin talk days. The project was hacked as it was a pivx fork. There was an exploit in pivx which exploited by the hacker and he minted lot of znn. He then tried to blackmail the devs. I hold ZNN but look into it’s history instead of blindly following the project.
Go ask in Zenon telegram. There was a minting attack and the hacker minted lot of ZNN when Zenon was a pivx fork. The project sound good in paper but the myriad of hack and exploit really left a sour taste for me . It was 70 dollars once.
I don't know ZNN, but I will take a look into it. Is it completely feeless? The article links to nano's spam mitigation solution. Will make it easier for you: [https://senatus.substack.com/p/the-bucketing-system-prioritizing](https://senatus.substack.com/p/the-bucketing-system-prioritizing)
This is an interesting discussion, also happening for ZNN right now with the feeless L1 they have built, similar to Nano tech at the base level.
Yes seems obvious. There is a network being built out that's feeless though, ZNN is an L1 based on some of the same tech as NANO but with some improvements to the anti-spam mechanism and also more utility/programmability. They just announced some exciting bitcoin interoperability ideas too.
It seems like the biggest play now is the right bitcoin interoperability to bring real world utility to the most secure chain. Projects like ZNN or QUBIC that use the best of the tech as a layered scaling solution to BTC, kind of a big market.
yeah I know ZNN from the previous bull, it went as high as $70 I think. still a good buy, the tech is top notch, but you have to keep in mind this is a community run project, so all efforts are made by them
That's a different Plasma. On ZNN it's a difficulty adjusted amount of Stake you hold to allow feeless transactions.
I hold some ZNN though I'm a little sour about it as I had a bunch of open orders on Stex when the exchange did a runner so lost some BTC and USDT.. Bull run ZNN better make up for it 😁
$ZNN aka Satoshis Ethereum. Some pretty interesting tech pulled from the best parts of existing networks has been put together ie. Feeless block lattice DAG(like nano) immutable and decentralized(like btc) but programmable like ETH all built with some protocol level rewards to incentivize users to participate and fund long term development. All community governed and outside of regulatory pressure with on chain venture funding voted by users. It's a young network though for sure no getting away from that. Low liquidity so it's a risky play but the rabbit hole runs deep.
Fundamental flaw here. Incentives are everything. If you like feeless block lattice check out ZNN, like nano except it's a layered scaling solution for bitcioin among many other things.
Project like ZNN is the clearest path for a secure/uncensorable way to do this. P2P tech that is feeless and I interoperable with btc and other networks. Outside of SEC regs with the fair launch, no premine and community run.
User owned decentralized tech is the only way to do this. It's early for scaling projects like ZNN but there's real value to the fundamentals they have built and the tech works just lots of work to do.
UPDATE POLL CLOSE 4/26/2023: Final poll results below. The correct answer is Zenon. 7% of the poll participants (N=501) got this correct. Zenon Network is the only Layer 1 that contains all of the following attributes directly into its native wallet Syrius. Evidence as follows: **Decentralized Ecosystem Funding:** Funds for building and advancing the Zenon ecosystem are embedded directly into the protocol and wallet itself through [Accelerator Z](https://click.zenon.link/tvr). Anyone can [submit a project](https://click.zenon.link/oev) through Accelerator Z which is then made transparent to the entire network. Pillars (and their respectively weighted delegations from $ZNN holders) then vote directly on each proposal as well as each phase of progress to release more funds. **Network-wide governance w/ checks and balances:** Network participants consist of [Pillars](https://click.zenon.link/oev), [Sentinels](https://click.zenon.link/oev), [Sentries](https://click.zenon.link/5u4), and $ZNN [delegators](https://click.zenon.link/na0) naturally forming a system of checks and balances through the entire network. For example, Pillars have one of the most critical roles in the governance of the entire network such as voting on A-Z proposals but all of their voting power derives from the delegators which can be changed at any time. As such, only the strongest Pillar operators surface through the network. **Native iOS/Android wallet:** Will let these [Figma designs do the talking](https://www.figma.com/file/BmmfUT2DOiLzweeMfcLCse/App?node-id=0%3A1). Every feature embedded into the Syrius desktop wallet will soon be available on mobile. Final delivery is expected in the coming weeks. **Feeless Transactions:** Because Zenon network is a dual-ledger architecture, [$QSR](https://click.zenon.link/gce) is a complementary disinflationary asset of [NoM](https://click.zenon.link/ewj) based on a mint and burn equilibrium that enables the feeless mechanism. Think of it like health in a typical RPG game. By just holding a small amount, it is used and replenished based on the required thruput of your transactions but never getting fully spent. **No-code Token Issuance:** Anyone can create a token with the [Zenon Token Standard](https://click.zenon.link/jf6) with no code and in under 1 minute directly through the Syrius wallet. **Embedded Node:** The Syrius wallet runs an [embedded node](https://click.zenon.link/dcu) directly on your device, ensuring the maximum level of decentralization for a Layer 1.
The tech behind it is groundbreaking, truly a gamechanger, but the original network has some major downfalls related to managing spam and lack of programmability for smart contract utility. The other application of this tech is ZNN, they're using block lattice with some other interesting improvements to be a fair and open layer 2 for bitcoin, as well as maintaining a feeless L1 on its own.
Yeah this was very clear during any bull run, the way things are going a feeless L2 isn't very far off just needs a decentralized version outside of the regulations and we're golden. Imo it will be ZNN
Staying away from anything that the SEC is targeting, focusing on protocols over people. Holding bitcoin but also very keen to see where ZNN will go with their trustless tech and leaderless on chain governance
There are real ways of incentivizing a feeless network. It's a young project using block lattice like Nano, Zenon Network(ZNN) has an interesting take that gives you options to make feeless txs on an address by (1) holding a small stake of the gas token or by (2) completing a small CPU based Proof of Work computation.
ZNN has been building under this understanding. On chain community funding mechanism already in place and anon team.
ZNN has an interesting take on L2 for bitcoin. Same hashing algorithm so working on merge mining along with atomic swaps. Still very early but a decentralized trustless tech to build with BTC seems like a good way forward.
Yeah but haven't you seen the recent LBRY vs SEC debacle? If the foundation holds tokens from initial distribution/premine then it's a security so I'm not bullish on anything other than BTC or maybe ZNN but it's still early there
It's a legal precedent that follows what they have been saying for a while. Anything premined is a security. Buying more Bitcoin and ZNN
ZNN, hybrid PoS with incentives in all the right places also feeless.
I'm all in on BTC but it has its limitations and unfortunately in principle I cannot support the direction eth is going even if it is groundbreaking smart contract tech. The world needs uncensorable and open decentralized tech so a layer 2 for btc with the same ethos is how I see things moving forward. One community doing this with an interesting fair launch, feeless block lattice tech like Nano(with spam protection), on chain voting governace already live and more importantly the built in protocol level incentives to run infrastructure to allow the whole network to be self sustaining in a decentralized way, is ZNN. Actual new tech is quickly overlooked but its also pretty rare around here so this one's worth some due diligence.
Key Network Features Zenon, the Network of Momentum, presents an ambitious and fundamentally disruptive protocol: True decentralization achieved through fair launch, anonymous devs, and by decoupling coinbase incentives from governance Disinflationary reward mechanisms and non-custodial yield for all network participants Hybrid PoW & PoS that complements, not competes with, Bitcoin Focus on trust-less interoperability that brings value to other networks Dual Ledger mechanism of block-lattice by meta-ledger for decoupled scalability Dual Coin economy powered by two native currencies: ZNN and QSR Feeless transaction paradigm shift powered by Plasma, generated through QSR acting as tokenized network throughput Tokenization through protocol level native ZTS (Zenon Token Standard) DAO of DAOs with on-chain voting for community-driven governance and Accelerator-Z venture funding
ZNN: Zenon Network. A duel ledger blockchain that is relatively new with a functioning product. A couple years ago you could locked stake your BTC and get ZNN as their novel distribution system. This is a dark horse crypto and could go to zero, but it could have great gains.
Feeless with ZNN is pretty slick.
Zenon Network: a duel ledger "blockchain". It had a unique "fair distribution" method where users locked staked their BTC for 2 years and then received ZNN and their BTC back. It is a dark horse and not might not make it, but there is a lot of good news coming from their camp.
So I bought something called Zenon (a L1 or something) during the bullrun. They were still not launched so nothing I could do with it. Then they announced a testnet, and I'm exclusively on Linux, so I thought, ok, who cares, I'll see later when it's launched. Well turns out today I checked, they have an alpha going on! Good, I might be able to do something with my ZNN! Well turns out I need to migrate, or more precisely, swap my old ZNN for my new ZNN! Ok! Except: they created a "decay mechanism" to incite people to swap ASAP and not lose time! Suprise! And it turns out the "decay" at this date in time is 60%!!! It means I'll swap to their new chain and end up with 60% of what I bought when price was almost ATH. Yeah I understand, "mechanism", "inciting", but, you launched in february, not 3 years ago, not sure it grants for more than 50% of my coins to be lost... Why should I keep in touch with something that's not even launched?
ZNN is worth a look if you care about this sort of thing. Participants built a vested interest and had to lock up 1 BTC at the initial launch then were rewarded for running infrastructure on the placeholder chain. Now into mainnet with some well thought out tech. They just launched an on chain application/voting mechanism for funding future development. The difference for actually growing towards decentralization has to be built into the incentives of the protocol so a fair launch is important but it's only step one.
Take a look at what Zenon Network has built. The token issuance was completely based on having a vested interest in the network, only nodes running infra for the first two yrs were allocated any coins to launch the project. They developed a dual coin PoS to balance the governance and the future coin distribution. You can either grow your voting base with more nodes or you can delegate to collect more $ZNN. It takes a few minutes to get into it but the more you find about this one the more confidence you get in the tech. The development up until now was a well funded anon team with major bitcoin ethos but has evolved to a completely on chain funding and voting mechanism to continue the growth. I realize this may not cover all the concerns you mentionned in the post but this project has solved some huge fundamental problems in crypto but they are still quite early. The community wiki has a good mix of info though it is in process of being updated. Docs.zenon.wiki
The article is very pro Zenon and against Eth. Yet Zenon sounds like it's a long way from achieving any of its goals so it remains to be seen if it will go anywhere. Despite their arguments, ZNN down from ATH of $70 to around $3.50 right now but even its current value feels overpriced to me.
Pretty keen to see whats coming for new L1 networks. The tech behind ZNN has some great potential, block lattice from nano so feeless but with pretty cool anti spam mechanism too. Built in full node allows for real decentralization and verifying txs. https://m.youtube.com/watch?v=UqAequz4mgk
Have you ever looked into the tech behind ZNN? Im not even trying to say it's better but they've got the block lettuce with some improvements relative to nano. Takes a minute to get your head into the tech but they are building..
ZNN is feeless, same tech as Nano so its scalable as well.
Zenon Network - NoM Phase 0 is now live. On the 8th of April, Accelerator-Z will go live. It is a fund setup by the team that contains 700k ZNN (5M USD at market value) to kickstart development and marketing initiatives. You can read more about it here: https://medium.com/@zenon.network/hyperspace-x-accelerator-z-towards-a-dao-of-daos-38dfad496365
Check @zenon_network on twitter, you can buy wrapped ZNN on pancakeswap and swap it to native ZNN if you want to delegate for 34% apr. Or provide liquidity as the article stated.
tldr; Currently, there are 1.8m QSR set aside for LPs that provide liquidity to the BSC smart contract for wZNN. The base amount (apart from trading fees) LPs can earn is 1800 QSR. LPs receive 25% of all QSR and 13% of ZNN that are emitted by the protocol as part of its emission schedule. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I am all in ZNN because it think it is the best project period. There is no point in being in anything else really. Mark these words.
And yes, there is incentivization to run a pillar in ZNN.
Man, you guys just need to check out Zenon Network, ZNN already. It fixes all the Nano problems and is also going to have a zApp eco system. That is just scratching the surface. Feeless.
I will point you in the right direction, ZNN. Dyor :)
ZNN will be the new feeless standard. Think about it, why would people switch to a FEE system like CRYPTO if people already use ACH bank transfers, regular CASH, and apps like CASHAPP to transfer money for FREE already? In order for mass adoption, the future of crypto must be FEELESS.
AFAIK this is the only layer 1 w/ btc interoperability and zero fee network in existence... I participated last year in testnet and was impressed, got a bag and have been staking since. Sure price is floored because of market trends but as we know this trend is about to flip. ZNN/BTC is a pumping pair. I've got my moon bag ready
ZNN, It's like ETH but with no fees and like a sister protocol to BTC. Feeless will be the standard for the future.
MGH - variable staking on polygon 40% ZNN - native btc interoperable layer 1 DAG, FEELESS OF - oracle finance, presale this month, stay tuned!
tldr; Network of Momentum’s Hyperspace Program and Accelerator-Z are open for anyone to submit a proposal or donate funds. The fund at stake is represented by Zenon Fabric that has over 700k ZNN and 7M QSR (over $5M at the current market price). Each proposal has a 14 days period in which they must convince the Pillars in order to advance to the next stage. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Support true decentralization, BTC and ZNN, the only protocols that put decentralization as it's highest priority. Do you really want to trust a single point of failure?
ZNN is a centralized shitcoin with no github support or progress. Just because jack dorsey mentioned it once doesnt mean its going anywhere. Also ZNN exists as long as AWS allows it to operate on its cloud space. Once AWS says no, ZNN dies immediately.
Next big game changer is when people realize ZNN is basically a BTC expansion kit, then we will finally have an L1 will true decentralization and scalability. ZNN and BTC will connect together as a megazord and develop a world of true digital ownership and p2p as we create a digital universe with innovative next level interactivity and real independence. With BTC, the peoples money and ZNN, the peoples web3, we take our world back and create our own.
Exactly as I have been saying. BTC/ZNN is all you need. The 2 projects with true decentralization in mind. Satoshi was right all along.
This is why decentralization matters, stick with BTC/ZNN.
This is why I been saying, decentralization is the most important part of crypto. If everyone would just get into BTC and ZNN, the 2 most decentralized projects, we could end this bank shit and bring power back to the people where it belongs.
Gotta be ZNN, feeless truly decentralized with a ton of potential.
Do you have any ZNN on the Legacy Chain?
But a post on the front page said that ZNN was a dead project!
ZNN New NFT standard coming zoon...
ZNN is the new "BTC". You just don't understand it yet.
It will happen again, this time with ZNN. Mark my words.
tldr; Zenon is providing experimental support for wrapped ZNN (wZNN) initially via the BSC (Binance Smart Chain) one-way Bridge. It will be possible to swap wZNN to native ZNN when the Alphanet is live and BSC Bridge integration is ready. It also serves as a benchmark and a playground to test the limits of different interoperability solutions. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
ZNN is so 2021 4chan shill exclusive. Thanks, but I’ll pass on the fully anonymous team
Op speaks the truth. Now let's all head into ZNN and ride that to the top.
Chainlink is nessicary for now but may not be in the future. ZNN is supposed to have oracle already built inside the protocol so there is a possibility that way may be the future.
This is why I say it’s still a long time before crypto is normal everyday thing. The first few hundred [enter non/barely tech savvy stereotype individuals here] that loses their magic internet money for x, y, z,reasons, that goes crying to ZNN will bring down the heat from regulators worse than u can imagine. I’m hoping crypto stays where it is about 3-5 more years.
I would just go all in ZNN, get rich in 3 to 5 years max
Currently 45% apy ZNN
Love compounding my 45% apy ZNN rewards.
Look into Zenon Network, ZNN and see if that shakes up your list a bit.
Once I found out about ZNN, I just went all in fuck it. Ready to ride this from #500 to the top. Plus I get alot of apy while doing it so, I sleep well.
I only invest in the best that I can find and that is ZNN, currently #487. One day it will be top 3.
Lmao 4chan has been shilling ZNN for a year now
I'm probably an oddball here. I'm 100% in ZNN.
ZNN, a secret project rumored to be bitcoin's version of Ethereum. Look into the profile.
Hodling ZNN collecting apy, waiting for them to build a bridge and release smart contracts.
Staking some of my coin, delegating the rest. ZNN gives me 80% apy staking and 40% apy delegating this month. It's fantastic.
People are very defensive about their own bags. If another project threatens its existence, its a scary feeling. The key is to stay openminded. Even my coin, ZNN, likes to get suppressed around here sometimes but if they look into my profile it might change their minds...
Only wZNN is available right now because the real ZNN is on an island right now with no bridges on Alphanet. wZNN will be bridged into the protocol soon, the code has been released to the community and waiting to be implemented. This is the whitepaper: [https://zenon.network/download/whitepaper.pdf](https://zenon.network/download/whitepaper.pdf) I think team said a more robust one will be released in the future.
Its very minimal amounts. And its not just paying fees that is the problem but the constant flux of fees. You just cant run a decentralized world this way. People can accept a cost of entering an ecosystem which can be on them or a company but when people send 10 bucks they want 10 bucks to turn up. Also a third party can fuse QSR for you which I assume they get back. Therefore a company can own QSR from staking ZNN. I personally got my addreses fused from a third party bot.
As somome said. Its not like its 'free' the structure gets paid and also there os a need to stake a small amount of QSR to make an address feeless but you get that back. Think of it like this. IF you could hold .1ETH in your wallet and freeze it then that address is now antispam joining a feeless anti spam network of addresses. And before anyone says well thats now free then you need to know you can stake the main token ZNN and get QSR. Also if you infreeze or 'unfuse' the QSR then its free to move and sell etc. Now you have a feeless chain of addresses that isnt a poor insecure design like Nano and IOTA always will be.
No one **deserves** anything. When has life ever been fair? Is it fair that traditional investing has a prerequisite of having a large amount of money initially to actually make substantial figures? Do scams exist in other investment arenas? Has good tech failed to a slightly inferior kind due to marketing (Zune vs iPod, android vs iPhone, Google glass vs eyes (that’s a joke)) ? Your no so subtle ZNN shill didn’t address marketing or what makes it so much better than competitors in the L1 space? It’s easy to have low/no fees and scalability in theory when you don’t have much network usage compared to other L1s.
So I heard you're in it for the tech, look into ZNN...
I am going out on a limb and going to say ZNN.
Your own words about 2-3 days ago state you’ve shilled FTM, QNT, and ZNN where you’re just waiting on ZNN now. So did you not believe in it 3 days ago and had a change of heart?
Lol you’re clearly a ZNN shill. Didn’t this already peak back in 2021? What does ZNN have to offer aside from no fees? Why would people want to use it?
tldr; Zenon is a dual-ledger combing a generic DAG with a block-lattice. It is interoperable with native BTC and has a very low market cap, scarce supply, 6.5 million ZNN and 26 million QSR at time of writing. Zenon’s technology is a unique phenomenon without significant analogue in the crypto world, writes Sammy Walsh. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
defiantly alts are just better also check out ZNN and MGH.