## What Is Zap (ZAP)?

Zap (ZAP) is the first-ever decentralized oracle platform to be released to the public. The official launch for Zap oracles was in January 2019; however, work and development on the project began in 2017, when the coin first went public. The Zap protocol is an innovative take on data sharing, token creation and decentralized applications ([DApps](https://coinmarketcap.com/alexandria/article/how-to-access-dapps-on-your-mobile-phone)). In addition, the platform allows users to set bonded pricing curves. The combination of all these capabilities makes Zap a multifunctional [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) solution for a wide range of applications. 

The Zapp protocol’s main goal is to be an all-in-one solution for DApp developers, investors and other enterprises looking to introduce blockchain decentralization to their operations. 


### Who Are the Founders of Zap?

[Nick Spanos](https://www.linkedin.com/in/nick-spanos/) is the founder of the Zap protocol and token. He has a degree in computer science from the New York Institute of Technology. Spanos’ professional career has several vital milestones in it, including a position as the general manager of Webster Hall in the 90s. 

Interestingly, Spanos’s involvement with blockchain technology and [Bitcoin](https://coinmarketcap.com/currencies/bitcoin/) started relatively early, in 2013, when he became a Bitcoin Foundation member. That same year, he also founded the Blockchain Technologies Corporation and the Bitcoin Center, a premier location for Bitcoin think-thank events and business meetings. 

In 2017, Nick Spanos turned his attention to a new blockchain project — Zap. Last but not least, he holds two important patents. One for the invention of the multi-branched blockchain, and one for figuring out how to organize the process of blockchain paper ballot voting.


#### What Makes Zap Unique?

Zap is a unique combination of all possibilities that blockchain technology has to offer. One of the main selling points for the Zap protocol is that it combines functionalities. While other blockchain projects usually focus on one key area of development, Zap is taking the lead in creating a multi-functional platform. 

The Zap protocol allows users to create highly-liquid tokens, launch stablecoins, create DApps, use blockchain for tracking and logistics, issue [ERC-20](https://coinmarketcap.com/alexandria/glossary/erc-20) tokens and much more. Because of its versatile nature, Zap is a prevalent choice for enterprise development. Companies like Cafe Joe USA, JuJu Rentals and Energy Rentals are only a few of the enterprise users who employ Zap’s powers. 


#### Related Pages:

Read more about [TRON](https://coinmarketcap.com/currencies/tron/).

Find out more about [Loopring](https://coinmarketcap.com/currencies/loopring/).

Learn more about [bonding curves](https://coinmarketcap.com/alexandria/glossary/bonding-curve).

Have a look at the [CoinMarketCap blog](https://coinmarketcap.com/alexandria/categories/blog).


#### How Many Zap (ZAP) Coins Are There in Circulation?

There is a total supply of 520,000,000 ZAP tokens globally. At the moment, about 236,144,465 of them are in active circulation on the market. It is important to note that because of Zap’s multifunctionality, ZAP tokens are minted and burned on every relevant action taken by a customer in terms of creating bonding curves. 

Considering this, the amount of ZAP tokens in circulation shifts by the second. Currently, more than eleven markets are accepting the token. However, this number can increase or decrease quickly, based on usage of the bonded curves functionality of the platform.


### How Is the Zap Network Secured?

As an ERC-20 [Ethereum](https://coinmarketcap.com/currencies/ethereum/)-based token, Zap relies on the proof-of-stake ([PoS](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos)) consensus for security. This means that validators are selected based on their stake in Zap tokens rather than their computing power. This consensus method is becoming increasingly popular, as it is more scalable and more cost-efficient than Bitcoin’s proof-of-work ([PoW](https://coinmarketcap.com/alexandria/glossary/proof-of-work-pow)) consensus. 

Because of its Ethereum foundation, Zap can be easily stored in a wide variety of hot and cold crypto wallets. This makes it both a secure token, and a versatile investment opportunity. Not only that, users can create their own ERC-20 tokens using the same consensus mechanisms.


### Where Can You Buy Zap (ZAP)?

Zap is a relatively popular cryptocurrency token, and it is available for purchase on a large array of exchanges. 

About 95% of all trading volume for ZAP, or ZAP/BTC transactions worth $409,904, happens through [Bitrue](https://coinmarketcap.com/exchanges/bitrue/). Another significant exchange for ZAP trading is [Poloniex](https://coinmarketcap.com/exchanges/poloniex/), with a trading volume of $3,613. 

Last but not least, there is the [ProBit Exchange](https://coinmarketcap.com/exchanges/probit-exchange/), which supports a current trading volume of $2,175.  Of course, it is essential to note that investing in cryptocurrency can be risky, just like any other type of investment. 

[Learn more](https://coinmarketcap.com/how-to-buy-bitcoin/) about buying crypto.


Trust Wallet

MetaMask

Binance Chain Wallet

SolFlare

Backpack

Phantom

Ethereum

Shiba Inu

Chainlink

Uniswap

Pepe

Elitium

Pleasure Coin

EXMO Coin

Reflexer Ungovernance Token

Internet of Energy Network

pNetwork

Hord

Monetha

Geojam Token

OIN Finance

Patton

Schrodinger

Fellaz

Monkas

K9 Finance

Pillar

Humaniq

QuadrantProtocol

EOSDT

High Performance Blockchain is the first permissionless public blockchain to innovate with hardware acceleration and provably random numbers:

acceleration delivers fast, ultra low-fee, on-chain transactions

provably random numbers support 100% fairness

HPB (the coin) is used to pay transaction gas fees and to reward node operators.

Hyperblox

Tachyon Protocol

CyberVein's big-data solution is based on the PISR (private, interlink, secure, robust) distributed database, database operations are stored on CyberVein blockchain network which runs on a Proof-of-Contribution (PoC) consensus mechanism. The solution is focusing on enterprise-level "blockchain + big-data" customized services.

CVT is the native utility token that is used for:

Storage payment: The data owner pays the corresponding storage fee based on the file size and bandwidth consumed in such a process.

Computing power payment: Payments from user to owner for usage, and remuneration for software developers is going to be exclusively conducted in CVT.

Data exchange: On CyberVein's federated learning platform, the data acquirer trades the data at a price contracted between the two parties for distributed modeling applications.

CROSS NFT issuance payment: Dapp businesses are obligated to pay for Storage and Data Exchange in light of network resources occupied, and may set up CyberVein token as a means of payment to issue NFT or conduct business in accordance to their desired business model.

CyberVein tools include:

PISR Consortium database, creates better data management: through safe and reliable virtual machine operation and maintenance of user data, data is efficiently aggregated for upstream data, and data traceability and tracking are realized to ensure the reliability of data sources and outputs, and achieve cross-level, cross-departmental data sharing to improve the timeliness, diversity, stock and density of data to realize the commercial value of data, and truly solve the problems in data flow.

DAG storage chain, creates safer data storage, with better efficiency, no block confirmation, low transaction fees, and also eliminates miner, supports asynchronous verification and parallel processing of each node, the more nodes, the faster the speed, the stronger the scalability, which leads to better scalability. The database backup on DAG storage chain provides an extra layer of security for businesses.

Cytrix, allows GPU to be shared. Nodes can contribute part of their GPU to the network, in return for compensation through the Proof of Contribution mechanism. The contributed GPU can aid enterprises or individuals in data modeling with federated learning.

Federated Learning Platform, enables data to be monetized. Federated Learning is a distributed machine learning workflow. The datasets are first trained locally, and the data of all parties is kept locally, without revealing privacy or violating regulations.  Individual terminals return trained models to the server to create a shared model. Effectively protect data privacy and security, solve the problem of information silo, and thus realize the value of data. The platform will also provide algorithms to support data modeling operations by enterprises and individuals.

CyberVein

Safe Haven

Ycash

GoChain

Carbon Protocol

BoutsPro

NEST Protocol

SmartCash

Ignis

Graviocoin

BitKan

WaykiChain

The Suterusu Protocol is a second-layer private payment infrastructure for smart contract platforms. The Suterusu Protocol uses the original and most advanced ZK-ConSnark algorithm that does not require a trusted setup. The algorithm’s proof size is significantly reduced and the proof generation and verification efficiency are greatly improved compared with similar solutions. Since no trusted setup is required, it is safe and transparent. The technical paper has been accepted by Eurocrypt 2021(https://eurocrypt.iacr.org/2021/acceptedpapers.php, https://eprint.iacr.org/2021/540). The Suterusu Protocol has been deployed on Ethereum, Binance Smart Chain, Heco, SmartBCH (BCH sidechain), Theta, etc. We plan to deploy Suterusu protocol on the following smart contract platforms including Near, Solana, Avalanche, Moonbeam, Plasma, Matic, etc. It is also the first privacy project funded by the official Cypherpunk Guild Fund of Near. We are also applying for the Solana and Polkadot ecosystem grant. The Suterusu Protocol intends to build a private payment infrastructure for any cryptocurrency. The Suterusu project has received investment from well-known institutions such as Dialectic (a fund founded by the former Polychain partner Ryan Zurr), Fundamental Labs, FBG, Continue Capital, DeFi Alliance, and other well-known institutions.

suterusu

Wanchain is a distributed ledger that allows for cross-chain transactions and the interoperability of multiple chains. Although Wanchain facilitates transactions between blockchains, it is also a stand-alone blockchain that runs autonomously. The protocol acts as a distributed ledger that processes and maintains records of cross-chain transactions.

Transactions on Wanchain do not only occur between different public blockchains but between private chains as well. As an Ethereum (ETH) fork, Wanchain enjoys some of the properties of the Ethereum blockchain. The protocol securely and autonomously processes applications via smart contracts.  The use cases for Wanchain include decentralized exchanges (DEXs), lending and borrowing platforms, stablecoins, crowdfunding, multi-currency payments and settlements.

The platform is totally decentralized and requires no custodian party to manage or confirm transactions. Unlike other cross-chain systems, Wanchain does not rely on a third-party platform to authenticate transactions. The locked account mechanism is used to secure and manage accounts on the network, eliminating third-party interferences.