Bittime - ZIGChain, a blockchain that is gaining popularity thanks to its many interesting features, has just announced several updates that will make it even more extraordinary. This update is designed to attract more ZIG token users (their custom currency), make the overall network run smoother, and give more power to users.
DApps Galore: Fueling ZIGChain's Spirit of Innovation
ZIGChain doesn't just focus on secure transactions and the like - they also want to be a platform for developers to build innovative decentralized applications (dApps). The latest update makes $ZIG tokens the primary fuel for dApps on ZIGChain. This means users will use $ZIG to:
- Create NFTs (such as digital artwork or unique collectibles): Creators can use $ZIG to create and sell unique digital items, whether they're stunning works of art, stunning music tracks, or special items for favorite games.
- Paying Fees: The adage “pay to play” applies here too. $ZIG will be the primary currency for things like storing data and using processing power on the ZIGChain.
- Participate in Liquidity Pools: People who provide liquidity (essentially lending their crypto) to smooth trading on ZIGChain dApps will earn rewards in the form of $ZIG.
- Launching Your Own Memecoin: Want to make your own internet money (memecoin)? ZIGChain makes it easy with $ZIG.
By making $ZIG the key to all these dApp activities, ZIGChain creates a win-win situation. More dApps means more people using $ZIG, which drives up the value of the token and makes the entire ZIGChain ecosystem stronger.
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Smoother Transactions with $ZIG Gas
Another cool update is the use of $ZIG to pay transaction fees (gas) on ZIGChain. This makes things easier and faster for everyone.
Think of it this way: some blockchains have separate tokens that you have to buy just to pay fees. With ZIGChain, you can simply use the $ZIG you already have, without having to bother with anything extra. Additionally, the use of $ZIG for gas helps keep transaction fees stable on ZIGChain.
Sumber: X @zignaly
ZIGChain Becomes a Validator: Maintain Network Security, Receive Rewards
ZIGChain uses a Proof-of-Stake (PoS) system to maintain its security. Their new Validator Program allows anyone to join by running their own Node, which essentially helps keep the network secure.
Validators are not only heroes, they also earn rewards in the form of $ZIG tokens through staking. Staking is like keeping your money in a savings account, but much more interesting (and crypto-related). This program offers an attractive APY (Annual Percentage Yield) for Validators and Delegators.
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Delegators are people who don't have the resources to run a Node themselves, but they can still contribute by delegating their $ZIG to Validators and share in the staking rewards. This program not only strengthens ZIGChain's security but also allows the community to help build and maintain the network.
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The final update is the most important: stakers holding $ZIG can determine how ZIGChain develops in the future. Through a sophisticated on-chain governance system, stakers can vote on things like:
- Upgrade kode ZIGChain
- Deciding how to use funds for development
- Make changes to network rules
By giving $ZIG holders a vote, ZIGChain ensures the future of the network reflects the wishes of the community.
Conclusion
These new features bring significant changes to ZIGChain. With a wider variety of uses, ZIGChain has the potential to become a magnet for dApp developers, investors and crypto enthusiasts. They have a clear vision for building a user-driven and inclusive blockchain ecosystem, and with their commitment to innovation and community, ZIGChain is on the right track for long-term success.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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