What is the Zentachain Ecosystem?
Zentachain is a high-throughput decentralized blockchain based ecosystem, designed with a strong focus on security and anonymity. The ecosystem is capable of storing encrypted data and hosting scalable decentralized applications and distributed services. The Zentachain MVP will be built on the Ethereum blockchain and will utilize the ERC20 standard also called Zenta.
ZentaSwap is a process by which one cryptocurrency is exchanged for another at a predetermined rate. Unlike selling one coin to buy another, a token swap is the replacement of one coin for another, so it means that you are required to exchange the old coin for the new one, or you will lose value.
Mainnet — DPOS
Delegated Proof of Stake (DPoS) is the democratic version of the Proof of Stake consensus algorithm as it includes a voting process. Token holders vote in real-time for witnesses and delegates. Then, they become responsible for validating transactions and running their nodes continuously to maintain the blockchain.
Witnesses are paid for their role in generating and adding blocks to the blockchain. And, as in any democracy, they need a solid reputation to maintain their popularity with token owners. Delegates, on the other hand, are responsible for maintaining the blockchain. Since the voting process is continuous, any witness or delegate who has lost credibility can be voted out. This is because all witnesses and delegates are selected according to the best interests of the network.
Zentawallet Multi Cryptocurrency Wallet
Zentawallet is a mobile wallet app that allows you to send, receive and store cryptocurrency tokens on the Ethereum blockchain. Designed with a focus on simplicity, this open-source wallet aims to provide a platform that’s easy and straightforward to set up and use.
*Why you should use Zentawallet?
We never access our users’ wallets
We never ask for any personal information
Because it is safe and reliable
We focus on building simple to use, good-looking interfaces.
A crypto wallet that is easy to operate
An easy introduction to the world of cryptocurrencies
Create multiple crypto wallets quickly and easily
Everything is user-friendly: a password for all integrated cryptocurrencies
You have full control because only you have the keys
No email addresses, no mobile numbers or name are collected
No access to sensitive information such as contacts or location
Your IP address is always hidden
Directly contact to the Zentachain member
Why Zentalk Mobile?
Zentalk is a secured, decentralized peer-to-peer messenger dApp. Next to great usability, under the hood, you’ll find state-of-the-art encryption, security and since it’s decent Zentachain guarantees full anonymity. All communication sent and received through Zentalk will be tunneled, pushed and dragged through a Zentamesh, a high performing MeshNet.This gives Zentalk the unique advantage that it’s virtually immune against any forms of the hack- or modification events like censorship and eavesdropping attempts.
Zentalk will be hosted on the ZentaChain platform where the service is aiming to be the most secure and private messengers available. Zentalk achieves its privacy and security through the integration of Mesh Networking technologies. Mesh-Networking (MeshNet) is known as one of the safest and most reliable variations of networking available. MeshNet technology is powerful, has excellent load distribution, and contains zero central administration.
Zentalk achieves technological darkness, this means no metadata can be discovered about its users or their messages. This is achieved through the integration of the MeshNet and its architecture. Zentalk pushes, drags, and tunnels all messages and data through the MeshNet. This ensures that any messages shared between the sender and recipient have the highest levels of privacy.
The Zentalk-[Web Version]
Zentalk-Web is an E2E, encrypted cryptography chat application. Zentalk is designed to be completely private, secure, and most importantly — censorship-resistant. Unlike other messenger services, Zentalk doesn`t store or backup your data. It enables people to communicate privately without third party dependence centralized servers or secret data backups.
Zentalk achieves its top-tier encryption and privacy standards through the technologies. This gives Zentalk-web the unique advantage of being virtually immune against any forms of hacking or data manipulation.
Zentadex (Zentachain’s own decentralized exchange) is a cryptocurrency exchange that operates in a decentralized way, i.e., without a central authority or it is an exchange market that does not rely on a third-party service to hold the customer’s funds.
The Zentadex exchange relies on the fundamentals of blockchain for storing transactions over a peer to peer network. Unlike cryptocurrencies, the decentralized exchange has three types of entities (i.e. Issuer, Trader [User] and Miner). The network relies on issuing process ( Definition, issue, and withdrawal), orders (Open order and execution order), and blockchain.
The miner would verify the transaction for validity as well as match the execution orders and upon successful confirmation would generate a block using proof of work as followed by the Bitcoin protocol.
Zentavault is a high-throughput encrypted and distributed file vault (encrypted storage) and transfer service. Unlike regular data storage systems, Zentavault will store nothing on the user's devices. Zentavault acts as an encryption delivery vehicle, with the ability to encrypt and dynamically distribute content securely onto the InterPlanetary File System (IPFS). IPFS is a peer-to-peer distributed file system that seeks to connect all computing devices with the same system of files. In some ways, IPFS is similar to the World Wide Web, but IPFS could be seen as a single BitTorrent swarm, exchanging objects within one Git repository.