What is 0chain (ZCHN)
0chain underlying technology is a 2D Byzantine DPoS consensus protocol (2D-BPoS) with sub-second finality, a high-security storage protocol, a self-forking protocol to create a chain for a specific app or vertical, an inflation protocol to manage zero cost with 1% inflation, and infinite scalability with parallel chains.
0chain storing data with boundaries would imply different chains and would need to self-fork a chain for that purpose and then have assigned blobbers for that country. So, sensitive government data can be on its own chain.
0chain offers users to Create their own blockchains using their self-forking protocol.
Decoupled CPU, RAM, and SSD are needed for cost-efficient mining, sharding and blobbing on 0chain platform.
0chain offers APIs for user’s dApps so that the focus can be shifted from the blockchain to the customer.
Details
Pre-sales: Feb 07, 2018 – Feb 17, 2018
Public sales: Feb 17, 2018 – Feb 17, 2018
Token supply: 40000000
Hard cap: 39,000,000 USD
Raised: 39,000,000 USD
Token info
Ticker: ZCHN
Type: Utility-token
Token standard: ERC-20
Accepted currencies: ETH
Token distribution:
10% – Reserved
50% – Miners, Sharders, Blobbers
30% – Team, Advisors, Dev Partners, Seed
10% – Pre-sales & ICO