What is Zenon Network?


Zenon is an innovative blockchain project launched in 2019 with a unique BTC Proof-of-Stake (PoS) model, aiming to integrate advanced technologies and achieve high scalability. Here’s an overview:

Initial Distribution

  • Launched on Bitcointalk in 2019.
  • Utilized a unique BTC PoS model.
  • Validators staked BTC for a year, operated infrastructure, and received their BTC back along with Zenon token emissions.
  • Emissions were redistributed via centralized exchanges (CEX) and over-the-counter (OTC) methods.
  • Participants could earn additional staking emissions.

Zenon Alphanet (2021)

  • Introduced a dual ledger system combining block lattice and meta-DAG for high speed and scalability.
  • Features a feeless base layer secured by dual consensus (PoS and Proof-of-Work – PoW).

Decentralization and Development

  • From 2021, the project has been progressively decentralized.
  • Now developed and maintained by a high IQ community of dedicated cypherpunks (IQ 130+).
  • Original developers have moved on or integrated into the community under pseudonyms.

Technological Integration and Milestones

  • Designed to integrate emerging cutting-edge technology.
  • EVM enabled; extensible to any runtime.
  • Major roadmaps milestones include Narwhal & Tusk, unikernels, mobile wallet, and certifications for Google and App Stores.

Flagship dApp – Syrius Wallet

  • Available on Github (link via Zenon Network).
  • Offers feeless transfers and fully integrated trustless atomic swaps.
  • New users can experience the network completely free, with tokens provided upon request.

Current Status

  • The project has a market capitalization of $7M.
  • Embodies a strong cypherpunk ethos, native BTC PoS launch, and a dedication to decentralization.
  • Aims to address Bitcoin scaling issues.
  • Zenon represents a strong, community-driven project with the potential to significantly impact the blockchain space.