Zus$ZCN

What is this network?

The network in question is Züs, a high-performance decentralized cloud economy. It provides ownership of data and absolute privacy, along with a reliable passive income opportunity to people. The network is designed to eliminate business threats such as censorship, privacy liability, and data breaches. It helps entities achieve GDPR compliance, localization, and tokenization, and monetizes private data sharing.

How can I mine tokens?

To mine tokens on the Züs network, you can turn your unused server capacity into income by simply logging your server onto Züs. You can also turn your ZCN (Züs tokens) into staking income by delegating tokens to Blobbers. There are three ways to earn on Züs: income from clients as they pay to store data based on your write price, a portion of client payment as a validator to process challenges, and block rewards from the network for providing capacity.

Any geographical restrictions?

Züs is a true multi-cloud with no vendor lock-in, allowing you to choose the best providers and switch anytime. It is geographically diversified, meaning that servers are typically located in various areas or geographic regions, not just a single area. This decentralization increases the reliability of your data storage, as it reduces the risk of data loss or unavailability in case of a power outage or a network failure in a single region.

How can I optimize my mining rewards?

Optimizing mining rewards on the Züs network involves several strategies. One way is to ensure your server meets the minimum requirements for connecting to the network. Another way is to use the Chimney app to connect your servers to the network. You can also delegate ZCN to any blobber using the Bolt app. Additionally, the network is continuously working on refactoring smart contracts to optimize storage and blockchain transactions, especially network-based token rewards.

How can I use the network?

You can use the Züs network in various ways. For instance, you can use it to store data with better security, privacy, availability, and performance than traditional cloud storage. You can also use it to build high-performance apps and incorporate security features such as encrypted data sharing and data immutability. Moreover, you can use it to earn passive income by providing your server to scale a high-performance multi-cloud.

Who governs this network?

The Züs network is governed by a self-governance protocol, which leverages a ping-pong governance model. This model enables the community to vote on issues, veto issues, and overrule a veto until one side is unable to exceed the needed threshold. Voting rights are achieved through ZCN token locking, as their tokens are treated as votes.

Funding

The Züs network, formerly known as 0Chain, raised $39,000,000 during its ICO, which ended in January 2018.