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Author Topic: [ANN] ZVChain (ZVC) Mainnet Launch - DeFi Economy is here  (Read 1295 times)
esgdrhlg
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July 18, 2019, 04:09:58 AM
Last edit: September 29, 2019, 01:11:23 PM by esgdrhlg
 #1



WEBSITE | MEDIUM | TELEGRAM | TWITTER | YOUTUBE |REDDIT



Whitepaper for ZVChain : The Chiron Protocol
https://www.zvchain.io/zvChainWhitepaper.pdf
Participate in our Main Network
https://medium.com/zvchain/zvc-official-mainnet-launch-defi-economy-is-here-cosmic-reward-ii-c39c40b3b62f
Create your Delegation or Join Others
https://medium.com/zvchain/zvchain-pos-staking-create-your-delegation-or-join-others-175-250-stable-block-reward-2ad4ecd001bb
Borrow Staking Rights
https://medium.com/zvchain/zvchain-genesis-staking-program-new-pos-staking-highlights-2e821e941e72

What is ZVChain

ZVChain - a foundational open source DeFi network is a high-security and high-performance specialised financial public chain that uses an energy-efficient chain-based hierarchical routing protocol, Chiron, which integrates the top two cryptographic cutting-edge technologies - VRF (Verifiable Random Function) + BLS (Boneh–Lynn–Shacham) consensus algorithm. It will also inherit this robust protocol-level consensus algorithm to provide a dual accounting system that complies with traditional financial logic and its vision is to build a Decentralised Finance Ecosystem for businesses and to simplify their business interactions in the future.

ZVChain was upgraded officially from TASchain, with over a year of blockchain development work. Our test-net is currently operating at https://developer.zvchain.io/ with main-net scheduled to be launched in September 2019.

As a specialised financial public chain, it has an extremely secure featuring complex encryption algorithms to protect data, and deploy as on-chain Zero-Knowledge Proofs. Many blockchains are not suitable for financial use, because they cannot be secure, scalable and maintain high performance concurrently. ZVChain will work with existing partners and projects together to achieve decentralised financial ecosystem on chain. Learn more about us to find out our competitive advantage in this space.


Technical Specifications

Consensus Algorithm: Chiron ( PoS built with VRF+ BLS )
Total Supply: 5,000,000,000
Block Time: 3 Seconds
Mining reward: 80 ZVC per block production
Privacy: Semi-Homomorphic Encryption + BulletProof


Benefits of ZVChain


  • Enhanced Security with P2P (Peer-to-Peer) NAT (Network Address Translation) algorithm being put forward and led the existing NAT network penetration rate to upgrade from 30% to 95%.
  • Powerful Technology using the VRF (Verifiable Random Function) + BLS (Boneh–Lynn–Shacham) consensus mechanism to build a highly secure, high-performance and cost-effective decentralized clearing and settlement system.
  • Robust Infrastructure in which a Modular Middleware is being developed and it enables faster establishment of financial applications on the chain through cross-chain technology.
  • Improved Privacy through a Dual Accounting System, where it complies with regulatory bodies and enables censorship-resistant transactions.





Chiron

Block creation is via two ‘mining pools’, a proposer and validating group. Members of this group are chosen by random via the Verifiable Random Function (VRF). The proposal group proposes blocks  to the Validating group, which then validates blocks before broadcasting this block to the blockchain. Hence, at any one time, only one validator group is creating blocks for a random amount of time. As participants of these groups are random, it requires an attacker to own at least 95% of all nodes in the network. The implementation of the BLS threshold signature scheme guarantees that blocks will be created consistently, providing constant uptime. A linear relationship between rewards for staking nodes disincentives malicious nodes, protecting the network.


What can you do with ZVChain & ZVCoin (ZVC) ? Shocked

ZVChain is a financial blockchain that serves to allow enterprises to build financial applications on top of the main chain.
These are the services that you can expect from ZVChain:

ZVWallet: An easy to use app to allow consumers to easily transfer assets peer-to-peer allowing cross border remittance.
Asset Tokenization: Physical assets can be tokenized on the ZVChain platform.
Supply Chain Finance: ZVChain will act as an intermediary between Supplier and Buyers, providing buyers credit to purchase goods from a supplier on their behalf. This allows buyers to purchase goods on a lower credit term and suppliers to quickly receive working capital. Transaction costs will be distributed to participants in the network.
Financial Leasing: Financial Leasing companies can purchase assets on the blockchain on behalf of their clients, and the clients can make recurring payments for the assets purchased while still enjoying ownership of the asset.
Cryptocurrency fund: Fund managers can deploy cryptocurrency hedge funds on ZVChain.
Credit & Lending: Individuals can use ZVChain to provide liquidity to lenders. Lenders can lock their collateral directly onto ZVChain.





Roadmap



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gold969
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July 18, 2019, 04:12:53 AM
 #2

  


    you learned how to make images and so you brought the flow here? Grin  https://bitcointalk.org/index.php?topic=5166182.msg51861393#msg51861393

  I have a couple of questions..

   will you have Premine when you start main-net, for those who are currently participating in the test network? or what other reward?
  how do I understand the user and the miner is 2 different addresses (account)?
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July 18, 2019, 04:14:35 AM
 #3

-- From our previous engagement with user. Note this topic is the only official ZVChain Topic, which was upgraded from TasChain, https://bitcointalk.org/index.php?topic=5061810.0 , with over a year of blockchain development work.

Hi notBlox1,

Thank you for your interest in our project.

How will ZVChain and ZV Coin be different?

ZVChain is built by over 20 blockchain engineers from Alibaba, payment gateway companies, cloud distribution system and artificial intelligence. With years of blockchain development work to surpass the challenge of security and performance, the team has created an unique solution of VRF+BLS, similar to a combined force of Algorand+Dfinity.
To achieve ZV's decentralised finance vision, the team is working currently with business partners and blockchain projects.
ZV approach to enterprise is to leverage on the team competence in building enterprise grade solutions, and business influence across the world. This will ensure that ZV Coin is of value right from the launch of our main-net in Sep 2019
ZV approach is to build with current giants, to work with them to launch future DeFi applications. To extend to greater users and decentralisation of certain services across the world

Our test-net is currently live at https://developer.zvchain.io/ , and main-net will be expected to be live in September 2019.

You can test-mine our coin here Smiley Do contact us at info@zvchain.io if you will like to speak to us directly.
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July 18, 2019, 04:21:29 AM
 #4

 


    you learned how to make images and so you brought the flow here? Grin

  I have a couple of questions..

   will you have Premine when you start main-net, for those who are currently participating in the test network? or what other reward?
  how do I understand the user and the miner is 2 different addresses (account)?


Hi Gold969,

Yes that's right.  Wink

For github and developer portal, you can locate it on https://www.zvchain.io/.

For our participants participating in test network, the distribution of main-net tokens will be done in proportion to total test coin mined.
The total allocation for this distribution will be decided soon.

Once the program starts, all participating in test network will participate as both proposer and verifier stage. Selected randomly through a VRF and BLS after.
In this process, there's only one account address Smiley Refer to here https://developer.zvchain.io/#/miner
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July 18, 2019, 04:26:01 AM
 #5



For our participants participating in test network, the distribution of main-net tokens will be done in proportion to total test coin mined.
The total allocation for this distribution will be decided soon.



 thanks for the answer, this is good news
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July 18, 2019, 04:36:21 AM
 #6

Glad to be of help Smiley

Let us know if any questions/concerns.
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July 18, 2019, 05:42:45 AM
 #7

so if there is a swap for the testnet and mainnet ?

esgdrhlg
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July 18, 2019, 07:25:48 AM
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Yes there will be  Grin
gold969
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July 18, 2019, 11:03:58 AM
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  where can I get coins, as I understood for mining need a few coins for gas... wrote you in PM
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July 19, 2019, 12:13:31 PM
 #10

0x348a13ee883b75882273b56bfca5eaaac1b235088a8eb33192b2211fe0c1f2d2
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July 26, 2019, 01:04:39 PM
 #11

🎉🎉🎉🎉🎉 MXC exchange has announced that the first round of subscription of ZVChain, DeFi Protocol has ended at 19:00, with a total subscription value of 806112 USDT and oversubscription of 448%.


https://medium.com/zvchain/zvchain-has-been-oversubscribed-on-mxc-ieo-by-448-round-1-f0ac56c6267b
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July 26, 2019, 01:15:07 PM
 #12

To receive test tokens, do register over here : https://developer.zvchain.io/#/
esgdrhlg
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July 29, 2019, 04:00:37 AM
 #13

Following is the technical guide for the set-up of miner nodes.  https://medium.com/zvchain/zvchain-technical-faq-guidebook-miner-nodes-d8945bb240e4

To download a copy of the guidebook, do follow us at t.me/ZVChain_Official/4544

To start mining and receive 500 free ZVC test tokens, do visit https://developer.zvchain.io/#/

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July 30, 2019, 02:18:20 PM
 #14

Get to know why ZVChain's technical infrastructure and economic model is different from other blockchain infrastructure projects in this AMA Session with our Co-Founders (part 1 of 2 AMA series)

https://medium.com/zvchain/zvchain-ama-session-with-mxc-deep-dive-into-technical-and-economical-zvc-model-part-1-2-3d4e19411ddb
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August 01, 2019, 04:16:56 AM
 #15

⭐ZVChain AMA Session with MXC : Deep Dive into Technical and Economical ZVC Model ⭐ (Part 2/2)

https://medium.com/zvchain/zvchain-ama-session-with-mxc-deep-dive-into-technical-and-economical-zvc-model-part-2-2-f6d3d6579e34
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August 03, 2019, 09:33:13 AM
 #16

ZVChain — The Rising Star in Public Blockchain for Next-Gen Enterprise Financial Services featured by Cointelegraph.


https://medium.com/zvchain/zvchain-the-rising-star-in-public-blockchain-for-next-gen-enterprise-financial-services-1905a93de14c
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August 08, 2019, 06:19:55 PM
 #17

DeFi Token Trading In Java Using The Kyber Network #1 : https://www.publish0x.com/dao-journeys/defi-token-trading-java-using-kyber-network-1-xqmzll
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August 10, 2019, 01:02:56 PM
 #18

ZVC Community Progress Update [26th July ~ 9th August 2019]

https://medium.com/zvchain/zvc-community-progress-update-26th-july-9th-august-2019-e4d427ad4535

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August 12, 2019, 04:59:38 AM
 #19

ZVChain: How to participate in ZVC’s Test-network Tutorial Guide 👷👷⛏️⛏️

https://medium.com/zvchain/zvchain-how-to-participate-in-zvcs-test-network-tutorial-guide-%EF%B8%8F-%EF%B8%8F-d4ae50d35e11

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August 12, 2019, 11:35:11 PM
 #20

💎 ZVChain Test-Network Reward Campaign Registration 💎

https://link.medium.com/HsRWrssy6Y
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