What is TrezarCoin? TrezarCoin (TZC) is a cryptocurrency launched with the goal of fast transaction times and a store of high value. cryptocoin.com In this article, we have answered a series of questions that are wondered by investors, such as what TrezarCoin is, what it does, how to get it. Now, let’s examine together this cryptocurrency, which works with a hybrid Proof-of-Stake mechanism.
What is TrezarCoin?
TrezarCoin (TZC) is a cryptocurrency powered by its own Blockchain network. This altcoin was launched on September 3, 2017. The idea behind it is inefficient transaction times in the consensus space of current cryptocurrencies. Accordingly, the team applied the Proof-of-Work (PoW) and Proof-of-Stake (PoS) mechanisms to the asset in a hybrid manner. With this mechanism, the cryptocurrency can work with high transaction speeds. However, the gas fees charged for transactions are extremely low. The team designed TZC as a store of value. In other words, users can safely store their capital with this cryptocurrency.
The unique thing about TrezarCoin is its hybrid Proof-of-Work and Proof-of-Stake mechanism. These two mechanisms allow the Blockchain to generate one block per minute. This ensures that transactions are fast and reliable. In addition, users can earn rewards either through mining or staking without any conditions. Users who mine or stake their tokens keep the network secure and fast. In return, they get paid in cryptocurrency. TrezarCoin also has a number of dApps.
What does TZC do?
TrezarCoin augments the functionality of cryptocurrency with its own decentralized applications (dApps). Accordingly, the ecosystem enables users to send peer-to-peer (P2P) and encrypted messaging with the TrezarMessage application. In addition, TrezarFundMe, which provides financing for small projects, TZCFarm, which allows cold staking, and CoinKit, which allows tokens to be spent on social media, are also available in the ecosystem. Users can spend their TZC tokens with these tools.
The ecosystem consists of three main pillars. These are: Blockchain, mining and investment. Trezar has its own Blockchain network. This network is a decentralized public ledger used to send or receive cryptocurrencies. Mining, on the other hand, is a mechanism that allows users to earn passive income as miners or by staking their tokens. Investment makes TrezarCoin a store of value. Depositing their token funds earns 14% APY per year. This means that they can earn high passive returns.
What is TrezarCoin? How to take TZC?
TrezarCoin is currently traded on cryptocurrency exchanges such as Finexbox and Graviex. Therefore, investors should first become a member of one of these exchanges. After that, they can follow the buying steps on the listed TZC parity.
