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Buy or Exhange CENNZnet (CENNZ) at the Best Market Price Today.
CENNZnet Chart
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 CENNZnet governance, validators and node operators are required to vote on proposals using a direct voting mechanism (similar to direct democracy) to achieve consensus. Voting results are governed algorithmically and their automatic execution is built directly into the protocol. The winning decisions then automatically integrated into the chain. CENNZnet pre-built runtime modules DApp builders have access to core CENNZnet modules which provide the building blocks to common functions required for DApp users. NFT Using the CENNZnet NFT module users can mint and sell NFTs on CENNZnet without ever needing to touch a smart contract. Instead, they can create custom NFTs using just a Javascript API or point and click with a UI. CENNZX CENNZX is a spot exchange module which enables a seamless fee payment experience on CENNZnet and makes token exchange instant and easy. The CENNZX Spot eliminates rent extraction and centralised services while prioritising decentralisation, usability and security. Generic Asset Generic Asset protocol enables CENNZnet’s multicurrency economy. The module allows transaction fees to be paid in any asset, provided there’s liquidity in the CENNZX in-chain GAS exchange. CENNZX will then seamlessly convert the asset into the official gas token, CPAY. This streamlines onboarding and in-app experience by eliminating the need for new users to learn about different token types and simply opting for their favoured currency. Doughnut The Doughnut module is the secret sauce of the CENNZnet blockchain. Doughnuts are proofs of delegation between two or more cryptographic keypairs. They allow us to prove that one address delegates something to another address and allows permissions and rules to be carried between different networks without the need for a centralised server. This supports user data privacy whilst maintaining a good user experience.
The current price of 1 CENNZnet (CENNZ) in USD is $0.003468.
This price is currently -99.36% than its all-time high (ATH) of $0.5402,
and 244.01% than its all-time low (ATL) of $0.001009.
Please note that cryptocurrency prices are highly volatile and can change rapidly depending on market conditions,
investor sentiment, and exchange platform variations. It's important to stay updated with the latest market trends to understand the fluctuations in CENNZnet’s price.
The market capitalization of CENNZnet (CENNZ) is $0.00E+000 as of today.
CENNZnet (CENNZ) is currently ranked # in the market, and this market cap is calculated by multiplying the current price of CENNZnet with the circulating supply.
The circulating supply of CENNZnet (CENNZ) is 0, meaning there are 0 tokens in circulation.
It is important to note that the market cap can fluctuate significantly due to the volatility of cryptocurrency prices, as well as changes in the circulating supply based on mining or token burns.
The market cap reflects the overall value of CENNZnet (CENNZ) in the market and provides an insight into its market dominance and potential for future growth. For the most accurate and up-to-date information, always check the latest market updates on CENNZnet (CENNZ)’s official platforms.
The trading volume of CENNZnet (CENNZ) today is $41,453.00.
This represents the total value of CENNZnet (CENNZ) transactions in the market over the last 24 hours.
A higher trading volume indicates strong market activity, liquidity, and interest in the token.
As of now, CENNZnet (CENNZ) is being actively traded across several exchanges, with buyers and sellers participating in high - frequency transactions.
The trading volume metric, which plays a vital role in market assessment, reveals the extent of CENNZnet's market activity and liquidity. Market interest remains strong when trading volumes are high because considerable trading activity means individual transactions have a limited impact on market price. coin.Name stands out as the most actively traded cryptocurrency because of its large trading volume. Institutions and people use it to sell and store monetary value.
Monitoring trading volume is crucial as it helps identify trends in market sentiment, potential price volatility, and overall token demand.
Stay informed about the latest updates on CENNZnet (CENNZ) to make well-informed trading decisions.
The all-time high (ATH) price of CENNZnet (CENNZ) is $0.5402.
This ATH was reached on 24 Apr 2018, marking the highest value ever for CENNZnet (CENNZ) in the market.
Currently, CENNZnet is lower than its ATH by -99.36%,
reflecting a lose since its peak.
ATH values are essential for understanding the maximum market valuation of CENNZnet, offering insight into its performance
and potential growth trajectory. As cryptocurrency prices are volatile, it's crucial to stay updated on the latest trends.
The all-time low (ATL) price of CENNZnet (CENNZ) is $0.001009.
This ATL was reached on 27 Jun 2023, marking the lowest value ever for CENNZnet (CENNZ).
Currently, CENNZnet is higher than its ATL by 244.01%,
reflecting a gain since its lowest point.
ATL values are essential for understanding the minimum market valuation of CENNZnet (CENNZ), offering insight into its recovery
and potential for growth. As cryptocurrency prices are volatile, staying updated on the latest trends is important.
To buy CENNZnet (CENNZ), you can follow these steps:
1. Choose a Cryptocurrency Exchange: CENNZnet (CENNZ) is available on several popular cryptocurrency exchanges, such as Changelly Binance, CoinEx, KuCoin, etc. These platforms allow you to trade CENNZnet against various cryptocurrencies or fiat currencies like USD, EUR, and more.
2. Create an Account: Sign up on the exchange of your choice by providing the necessary details such as email, password, and KYC (Know Your Customer) verification.
3. Deposit Funds: Once your account is set up, deposit funds via bank transfer, credit card, or another supported payment method. Make sure you have USD or any other preferred currency in your exchange account to purchase CENNZnet.
4. Place an Order: After funding your account, navigate to the CENNZnet (CENNZ) trading pair (e.g., CENNZnet/USD) and place an order to buy. You can choose a market order for immediate execution or a limit order to buy at your desired price.
5. Store Your Coins Securely: After purchase, it's important to store your CENNZnet in a secure wallet. You can use the exchange wallet or transfer your coins to a private wallet for added security.
Note: Cryptocurrency investments are volatile. Ensure you do thorough research and consider risks before purchasing CENNZnet (CENNZ).
We make every effort to provide the latest market data. However, we cannot guarantee its absolute accuracy.
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