Zentchain - Open EVM Blockchain
Zeresoft uses the Zentchain Blockchain for both micropayments and NFT creation and usage within its networks. It is an EVM Blockchain, meaning it is compatible with many wallets such as Metamask, but the gas currency is fixed against USD. ie: 1 Zent=1 US Cent.
Zents can be exchanged either way for any major USD stablecoin. Zents are given 100 to 1 USD stablecoin, but on conversion from Zents to USD stablecoin (like USDT or USDC), then 3% is retained. Howe4ver this does not preclude users from trading it anywhere else for a better price.
Zents can be used at many points in Zeresoft Networks, where user to user or user to group payments occur. Payments are made directly to a user or group with no intermediary. Users can create their wallet inside a network and a public/private key pair is created (one per user and one per group). If a different device is used to login to an account, and users wish to spend from that account, the private key wouldneed to be imported to authorise spending.
Zeresoft does not manage or hold customer funds. Users and groups are responsible for management of their private keys and hence their funds. Zentchain is not meant to store large amounts, it is meant for micropayments to facilitate user to user or user to group payment interactions.
Zentchain Network
- Network Name: Zentchain
- Default RPC URL: https://rpc.zentchain.com
- Chain ID:1450
- Currency Symbol: Ƶ
- Blockchain Explorer: https://explorer.zentchain.com