EZC

EZChainEZC

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  • EZC is the native token of EZChain. It’s a hard-capped, scarce asset that is used to pay for fees, secure the platform through staking, and provide a basic unit of account between the multiple subnets created on EZChain. 1 nEZC is equal to 0.000000001 EZC.
  • EZChain Consensus Protocol: Protocols in the EZChain family operate through repeated sub-sampled voting. When a validator is determining whether a transaction should be accepted or rejected, it asks a small, random subset of validators whether they think the transaction should be accepted or rejected. If the queried validator thinks the transaction is invalid, has already rejected the transaction, or prefers a conflicting transaction, it replies that it thinks the transaction should be rejected. Otherwise, it replies that it thinks the transaction should be accepted.
  • Snowman Consensus Protocol​ Snowman is a chain-optimized consensus protocol–high-throughput, totally-ordered, and great for smart contracts. Snowman is powered by the EZChain consensus protocol. Both P-Chain and C-Chain implement the Snowman consensus protocol. Key Features​ Speed​ Uses a novel consensus protocol, developed by a team of Cornell computer scientists, and is able to permanently confirm transactions in under 1 second. Scalability​ Capable of 4,500 transactions per second–an order of magnitude greater than existing blockchains. Security​ Ensures stronger security guarantees well-above the 51% standard of other networks. Flexibility​ Easily create custom blockchains and decentralized apps that contain almost any arbitrary logic. Sustainability​ Uses energy-efficient proof-of-stake consensus algorithm rather than proof-of-work. Smart Contract Support​ Supports the creation of Solidity smart contracts and your favorite Ethereum tools like Remix, Metamask, Truffle, and more. Private and Public Blockchains​ Create your own public or private blockchains. Designed for Finance​ Native support for easily creating and trading digital smart assets with complex, custom rulesets.