Zenon The Network of Momentum (NoM) Engagement Channels Official (Core Dev Team) Website ( https://zenon.network) Twitter ( https://twitter.com/Zenon_Network) Telegram ( https://t.me/zenonnetwork) Discord ( https://discord.com/invite/ZvrFDUEbcN) Github ( https://github.com/zenon-network) Bitcointalk Forum ( https://shorturl.at/FIUX5) Medium ( https://medium.com/@zenon.network) YouTube ( https://shorturl.at/AEFPZ) Community Forum ( https://forum.zenon.org) all things Zenon Zenon's DeWork ( https://app.dework.xyz/zenon) freelance for Zenon, dev and more Reddit ( https://www.reddit.com/r/Zenon_Network) Main Telegrams Zenon Community ( https://t.me/Zenon_Community) price discussions, memes, and occasionally Shizo OTC Channel ( https://t.me/znnotc) trusted escrow based trading Zenon Build & Support ( https://t.me/zenon_builders) a place for devs to engage on building Zenon PriceBot ( https://t.me/DexRocket_zenon) Z-HUB ( https://t.me/znnhub) aggregator of Zenon matters and affairs Accelerator-Z ( https://t.me/acceleratorz_updates) track of proposals announcements and updates Pillar Tracker ( https://t.me/pillar_tracker) tracker of pillars operation status Code Review Club ( https://t.me/zenon_wiki_code_review_club) Crypto Hales ( https://t.me/Crypto_Hales) the most successful project on ZNN Participation and Contribution on NoM Active Network/Infrastructure development Mainly developers, encouraged to do so through AZ applications Running and maintaining one of 3 types of Nodes: Pillars executers of NoM consensus and governance protocol, maintain transaction information, resource intensive Spawning requires 15k ZNN and at least 150k QSR, each new Pillar will require 10k more QSR as follows: [150k + (# of active Pillars - # of legacy Pillars) * 10k] Legacy Pillars are the placeholder nodes before the launch of NoM Phase 0 (~61 pillars) Spawning a Pillar results in burning the QSR requirement (permanently lost), while ZNN can be unlocked Pillars receive network emissions of ZNN as momentum and delegation rewards which can be shared with delegators in exchange for their delegated ZNN The more delegation, the higher weight a Pillar has, top 30 heavy Pillars have higher chances of receiving momentum rewards Sentinels trustless observers performing PoW links to generate Plasma Points for feeless transactions, moderate resource usage Spawning requires 5k ZNN and 50k QSR Both requirements are unlockable upon deactivation of node Receives both ZNN and QSR as rewards Sentries basic nodes, store pruned versions of transactions (lightweight) for specific accounts, minimal resource usage, expected availability in NoM Phase 1 (~early 2023) Adoption and growth Marketing, partnerships, community management, and publications All participates with suitable skills, AZ applications encouraged Passive Delegation adding weight (delegating) to a Pillar of choosing, receive ZNN as return from the pillar's generated share of momentum rewards Staking locking up ZNN for a period of time (multiples of 1 month), receive QSR as return Provide liquidity of wZNN with a paired asset (BSC's wBNB currently), receive QSR in return, can be up to 10x boost that of Sentinels Syrius Wallet A main participation hub of for NoM, with full embedded node, enabling: Custody of NoM assets, including NFTs (upon development) Delegation of ZNN to a Pillar of choosing and receive ZNN in return Staking of ZNN for various monthly time locks and receive QSR in return Spawn Nodes Pillars, Sentinel, in addition to Sentries (upon availability) Submission of Proposals and Voting creation of AZ applications for Pillars to vote on AZ fund has ~800k ZNN and ~8m QSR seeded from Zenon Fabric Fund Creating a proposal requires 1 ZNN, which is sent to AZ fund address A proposal has to be structured over 3 phases, completion of each triggers release of tied allocated funds, subject to a consensus on completion and passing votes by Pillars A proposal is capped at 5k ZNN and 50k QSR for requested amount of funds Voting is executed by Pillars only Bridging and Liquidity bridge ZNN to wZNN (wrapped version), and liquidity of wZNN with a paired asset wZNN is currently only available for BSC Network, up to the community to develop other wrappers for other networks Providing liquidity rewards the providers with QSR returns which are higher than Staking returns Creation of ZTS assets each asset created requires burning 1 ZNN Dashboarding of NoM vital Governance Internal NoM consensus protocol Node deployment requirements Protocol level emissions (dual-coin) External Community driven Accelerator-Z (AZ) program as a working example, a participant should: First post the proposal on the community Forum to gather feedback before committing on chain (costing 1 ZNN directed to AZ fund) If favored and once feedback is incorporated, the proposal should be submitted through Syruis Wallet for on chain/Network voting by Pillars Pillars are the only participants/actors with the ability to Vote (or not) on proposals with Yes (passing the proposal), No (blocking it), or Abstain Each Pillar has only one vote per proposal/phase regardless of its weight Quorum majority is reached when: >33% of Pillars vote A proposal, or a phase within it, passes if >50% of votes are Yes Expiration of the 14 days voting period, where a proposal needs to be resubmitted (costing 1 ZNN directed to AZ fund) Pillars, as a whole, are aggregators of the community interests, and individually each is an aggregator of a sub-community, i.e. delegators, and its interests Community voice their interests through the Forum or engagement channels, whether general or on specific proposals A Pillar is incentivized to act in the best interest of its delegators, the more delegations it has, the more weight it will have on the Network More weight, up to being a top 30 heavy Pillar, increases the chance of receiving momentum rewards in addition to the delegation rewards Less weight => Less rewards Select Community Contributions Zenon Forum ( https://forum.zenon.org) Zenon Tools ( https://zenon.tools) ZenonOrg ( https://twitter.com/ZenonOrg) The Zenon Scraper Blockchain Explorer ( https://zenonscraper.com) Zenon Playground ( http://znnplayground.com) Zenon Media Kit ( https://zenon-guide.space/media-kit) Zenon SDKs ( https://forum.zenon.org/t/zenon-sdk-status/414) Zenon Mindmap - July 2022 Not financial advice, Twitter @7nzalh Early Days First announced on Bitcointalk Forum on 25th of May 2018 by the user/pseudonym "Professor Z" Anonymous dev team Bitcoin OGs? An assumption based on the values and ethos propagated through out their communications, all aligning with Bitcoin's Zenon started as a fork on PIVX network to bootstrap the community and initialize decentralization while Mainnet (NoM) was in development Notable is how well thought was the branding and design of the project through its website and software A whitepaper detailing the novel NoM was made available on the website (Professor Z as co-author) Inception was via a procedure known as "xStakes" where early participants pledge 1 (or multiple) BTC and get ZNN in return, 1 BTC = 5k ZNN xStakes resembles a form of "vesting mechanism" to receive and refund pledged BTC Pledged BTC to be locked for 2 years or until NoM is ready, whichever is earlier (actual lock time was ~1.5 years) Refund is on monthly basis once requirements from participants were met The logistics of BTC during this process lead to speculations of there being some form of BTC smart contarcts maybe? Through a preparatory Wallet, participants were required to run and maintain nodes with the received ZNN, locking it as collateral The Wallet, supporting major OSs, was impressively mature from a product standpoint, and unique in its functionality and design These nodes were temporary placeholders before the eventual move to "Pillar" nodes on NoM as described in the Whitepaper This stream of operations (xStakes, rewards distribution...etc.), was carried out within the Wallet by the "ZX Algorithm" The algorithm managed the entirety of the process, involving time limits, block caps, supply caps, it also had the ability to change the Wallet to reflect project states Project seed funding source is unknown (no VCs or known/named entities), additionally, no marketing efforts were expended during this phase Major Events (2021-2022) Start and conclusion of the incentivized Testnet, introducing Quasar ($QSR) and Plasma Points ($PP) which are the basis for the Feeless property of NoM Development of BSC bridge for wZNN (wrapped version of ZNN) for Liquidity participation Launch of NoM Alphanet (Phase 0) on 19th November 2021 and migration from the PIVX fork Migration is done by swapping legacy ZNN to NoM ZNN using Syrius Wallet, non-swapped legacy ZNN is decade (burned) by a % rate that increase on monthly basis, decay rate will be 100% by end of NoM Phase 0 (~early 2023) Release of NoM Syrius Wallet, the updated wallet for NoM Launch of Accelerator-Z (AZ) program by unlocking ~800k ZNN and ~8m QSR of Zenon Fabric Fund AZ is an on-chain venture framework supporting wide variety of products/services relevant to NoM expansion. Launch of the Zenon Token Standard (ZTS), a protocol for NoM native assets other than ZNN and QSR Launch of Liquidity program with 1.8m QSR rewards for liquidity providers Release of the NFT Standard article Community to develop/implement Main Characteristics and Features Fair launch with no VCs or known/named entities Novel L1 tech with dual-ledger (Meta-DAG + Block-Lattice) architecture Scalable, huge throughput protentional, ~100k TBS (expected at certain conditions, after NoM Phase 0) Foundation for mass-scalable zApps based on unikernels (minimal, standalone virtual machines) controlled by smart contracts Based on a duel-coin economy, operating through Zenon (ZNN) and Quasar (QSR) $ZNN The main NoM coin, disinflationary, circulating supply of 8.05m until the end of NoM Phase 0 Productive asset, generates QSR when staked and ZNN when delegated on Syrius Wallet Collateral for spawning nodes, of which there are 3: Pillars, Sentinels, and Sentries Means of value transfer $QSR The secondary NoM coin, disinflationary, estimated total supply of 30.2m, circulating supply is based on a mint/burn mechanism, nominally pegged with ZNN at 10 QSR = 1 ZNN Enables the feeless fast transactions property when fused (temporarily locked) to generate Plasma Points Collateral for spawning nodes Dynamic and limited to prevent network spamming through Plasma Tokenizes network throughput Offers a solution to the "Trilemma" of Security, Scalability, and Decentralization Feeless protocol Through the Plasma Points Paradigm Plasma Points ($PP) open network throughput for transactions on NoM, can be generated by: Fusing (locking) QSR for a minimum of 10 hours 1000 PP = 1 QSR Fusing 50 QSR generates the minimum amount of PP for transacting without PoW Minimum PP allows execution of "simple" transactions (i.e. cross address transfers) 120+ fused QSR generate enough PP for majority of transaction types Fusion of more QSR generates more PP allowing for more transactions and complexity (such as spawning nodes, i.e. Pillars or Sentinels) Proof-of-Work (PoW) Links (more hardware intensive) PoW Links are small computation proofs carried out by Sentinels where each will relay a completed portion to other Sentinels until the Link is completed Interoperability, especially with Bitcoin as it has been alluded to by the core dev team Fun fact, first Bitcoin Taproot Block 709632 includes an ASCII art of the Zenon logo embedded by core devs Core Dev Team's Maintained anonymity, community is the face of Zenon Demonstrated high caliber, passion, and commitment over ~4 years Adherence to Bitcoin's ethos and vision Leaderless and community driven nature Specific Resources An Ape's Guide to the Galaxy a comprehensive overview of Zenon ( https://shorturl.at/egrt3) Zenon Whitepaper ( https://shorturl.at/ekv03) Syrius Wallet v5 ( https://github.com/zenon-network/syrius/releases/tag/v0.0.5-alphanet) How to buy ZNN ( https://forum.zenon.org/t/buying-how-to-buy-znn-zenon-network-on-pancake-swap/116 ) Stats on Network, Pillars, AZ, yield farming, and more ( https://zenon.tools) Zenon Help Desk (in addition to Telegrams/Discord) ( https://forum.zenon.org/c/support/7) The DAO of DAOs ( https://shorturl.at/CEL47) The New NFT Standard ( https://shorturl.at/ABLY7) Apply for Accelerator-Z funding ( https://shorturl.at/nPXZ2) Schizo Theories Left as an exercise to the reader