Zen Protocol ZP to Ethereum Classic ETC Exchange

Crypto Pair Details: ZP to ETC

Zen Protocol ZP

Zen is a decentralized financial platform, built from scratch with the goal of providing people with a secure, scalable and useful infrastructure for creating their own financial instruments, and trading them directly without intermediaries.The Zen blockchain is secured by multiple proof-of-work algorithms, with token-holder voting on the balance between them. Multi-hash mining creates robust incentives for miners to deliver efficient, reliable security.Zen smart contracts are written and secured by a subset of the F* functional programming language, allowing users to: A) Prove the amount of resources a contract will consume and provide the necessary fees for running the contract to miners, removing the need for a “gas” based system.B) Prove their contracts meet a given specification, meaning they can prove the contract will definitely do (or not do) something given a specific set of parameters.The Zen platform comes with a built-in solution for oracles, which provide contracts with useful real world data.Finally, Zen is integrated with the Bitcoin blockchain, allowing contracts to observe and respond to native bitcoin transactions

Ethereum Classic ETC

Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain - the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Transaction Finality Ethereum Classic believes the core value proposition of any blockchain is immutability; valid transactions can never be erased or forgotten. Individuals interacting on Ethereum Classic are governed by this reality; Code is Law. This does not necessarily mean that code replaces existing laws, or that only code is law (there are many geographical jurisdictions), but it gives users the opportunity to enter into a new blockchain-based jurisdiction where agreements are governed by code. By entering into contracts on Ethereum Classic, you can be certain that the network remains neutral. The outcome of transactions will be dictated by code you voluntarily interact with. Unless explicitly defined by the contract code, there are no reversals, no undos, no opt-outs. Transactions are final; applications are unstoppable. Decentralized Governance There are many problems that fester due to centralization and opaqueness; corruption, unaccountability, nepotism, inefficiency and stagnation. Ultimately, centralization leads to fragility; only decentralized systems can stand the test of time. These problems can be only solved by adhering to governance systems that do not rely on a central point of failure. Just like distributed networks and the consensus protocol itself, we believe that only truly decentralized projects can survive in the long run. Ethereum Classic manifests these values by relinquishing control by a formalized central foundation. The only hierarchy is that of transparent meritocracy and mutual reputation. No backroom deals or behind-closed-doors unilateral decision making; just free and open discourse.

SOURCE: COINGECKO

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