CENNZnet PriceCENNZ
This cryptocurrency is not listed for trading or services on Gate.
About CENNZnet (CENNZ)
Contract
0x1122b6a...943855c1f
Explorers
etherscan.io
Website
cennz.net
Community
What is CENNZnet?
CENNZnet is a New Zealand built public blockchain network which powers decentralised applications (DApps) and the crypto currency CENNZ and CPAY. It's a user-first dapp platform which makes blockchain based services accessible for first time builders and end users so that everyone can enjoy the increased network transparency, data privacy and reliability that decentralisation offers.
How does CENNZnet work?
The dual token economy
CENNZnet uses a unique dual token system in order to help developers, users and token holders get the best from the network.
CENNZnet has 2 tokens:
CENNZ - the staking token which works separately to block rewards. This means it can increase in value without impacting the cost of using the network. This is important so the price of CENNZ can continue to increase without impacting the amount developers and users pay to use DApps.
CPAY is the gas in the network and is used to pay transaction fees. It is also a block reward payment in staking. It’s designed to be algorithmically stable, so it will retain a steady value. This means developers creating DApps on the network can easily predict the cost of their application, and stakers can easily predict the value of their stake.
Consensus mechanism: Proof of Stake
CENNZnet uses a Proof of Stake consensus mechanism. This is where node operators hold, or stake, their tokens in a particular wallet as collateral against their promise to perform their duties correctly. If they do perform their duties correctly they receive a reward in our CPAY token. If they do not then the staked tokens are slashed, or fined. Other token holders can also stake their tokens against node operators (validators) of their choosing in order to receive a portion of the CPAY reward.
This system helps to secure the network by incentivising the community to follow protocol and prevent attacks.
Governance
CENNZnet functions 100% on-chain using blockchain’s built in voting mechanisms. In CENNZ
CENNZnet (CENNZ) Price Trends
No record
24H High$0.002993
24H Low$0.002913
24H Volume$62.22K
Market Cap
--All-Time High(ATH)$0.5401
Circulating Supply
-- CENNZAll-Time Low(ATL)$0.001008
Total Supply
1.20B CENNZMarket Cap/FDV
--Max Supply
∞Fully Diluted Valuation
$3.56MMarket SentimentNeutral
Live CENNZnet (CENNZ) Price Update
CENNZnet price today is $0.00297 with a 24-hour trading volume of $62.22K, and as such CENNZnet has a market cap of --, giving it a market dominance of 0.00012%. The CENNZnet price moved +0.54% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | -$0.000001069 | -0.036% |
| 24H | +$0.00001595 | +0.54% |
| 7D | +$0.0004605 | +18.35% |
| 30D | +$0.0001349 | +4.76% |
| 1Y | -$0.02067 | -87.44% |
Credibility Indicators
69.23
Reliability Score
PercentileTOP 15%
 CENNZ to USD | $0.00 USD |
 CENNZ to EUR | €0.00 EUR |
 CENNZ to INR | ₹0.25 INR |
 CENNZ to IDR | Rp45.14 IDR |
 CENNZ to CAD | $0.00 CAD |
 CENNZ to GBP | £0.00 GBP |
 CENNZ to THB | ฿0.10 THB |
 CENNZ to RUB | ₽0.27 RUB |
 CENNZ to BRL | R$0.02 BRL |
 CENNZ to AED | د.إ0.01 AED |
 CENNZ to TRY | ₺0.10 TRY |
 CENNZ to CNY | ¥0.02 CNY |
 CENNZ to JPY | ¥0.43 JPY |
 CENNZ to HKD | $0.02 HKD |
