Zelcash is a cryptocurrency that holds a central role in the Zel Ecosystem. It gives the incentive for ZelNode ownership to enable the creation of ZelDex and the ZelDev Platform, enabling us to create a truly decentralized development platform.
What is HashNET? HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.