Zealium price is $0.00045465
The current price of Zealium (NZL) sits at $ 0.00045465, and has increased in the last 24 hours. Its trading volume in the same period is 0.0.
Zealium is a New Zealand-based cryptocurrency with a focus on privacy and decentralization. It's a Proof of Stake coin, whereby anyone who holds Zealium coins can potentially earn more coins simply through staking. The blockchain of Zealium operates on a peer-to-peer network, removing the need for a central authority or banks.
Being open-source, its design is public, allowing anyone to participate. The management of transactions and issuing of Zealium is collectively done by the network itself, ensuring transparency and fairness.
Zealium aims to advance the awareness, knowledge, and understanding of cryptocurrencies in New Zealand, promoting the mass adoption of decentralized finance and trade. It wants to transform itself into a currency fit for daily spending, allowing citizens not just to trade but to make secure and quick purchases of products and services.
The creators of Zealium intend for their brand to resonate with the whole of New Zealand, including its indigenous Iwi, its European population, its Pasific cousins and the various cultures who call the country home. Overall, the vision of Zealium is to make the benefits of cryptocurrency investing accessible regardless of an individual's wealth or tech know-how.
Zealium operates using a Proof of Stake (PoS) consensus mechanism. Unlike Proof of Work systems that require miners to solve complex calculations to add a new block to the blockchain, PoS allows coin owners to create blocks and validate transactions according to how many coins they hold. This means that the more Zealium you own, the more chances you have to be chosen to validate transactions, and in turn receive more Zealium.
Considering Zealium is based on a decentralized, peer-to-peer network, all transactions and issuing of new coins are managed by the network itself. This not only ensures the privacy and security of transactions but also allows all participants an equal chance to get involved.
Zealium sets itself apart by being rooted in the operational principle of inclusivity. Controlling a stake in Zealium doesn't require exceptional wealth or advanced technical knowledge. Coupled with this, Zealium takes a zealous approach to promoting the integration of decentralized finance into everyday transactions. The team's ambition is that Zealium will become not just a speculative asset but a means of buying products and services securely and quickly in New Zealand, contributing to the widespread acceptance and use of cryptographic currencies.
Being environmentally aware, the network aligns with the global shift towards green technologies in contrast to traditional energy-intensive crypto mining methods. Zealium asserts itself as an environmentally responsible choice in the cryptocurrency realm.
The circulating supply of Zealium is 18.8M and the maximum supply is 80.0M. This scarcity mechanism makes Zealium a potentially appreciating asset as demand increases against a finite supply.
Zealium (NZL) is available for purchase on several cryptocurrency exchanges, which currently include CREX24. As always, it's recommended to perform due diligence before purchasing on any platform.
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