ZENIQ Smart Chain Introduction
The ZENIQ Smartchain provides the perfect infrastructure to unleash your blockchain project's full potential.
Introduction
ZENIQ Smart Chain (ZSC) is a smart contract-enabled sidechain of the ZENIQ main chain. It provides a permissionless platform for decentralized applications (DApps). While the ZENIQ Chain excels in high-throughput crypto trades, programmability is not its strong suit. That's where the ZENIQ Smart Chain comes in.
ZENIQ launched its Smart Chain to offer a high-speed, low-cost alternative for the rapidly growing decentralized finance (DeFi) market, which has been hampered by Ethereum’s high transaction fees.
Launched in June 2022 at the first ZENCON edition in Mexico, the ZENIQ Smart Chain boasts:
- Four seconds block time
- Extremely low fees
- Ethereum Virtual Machine (EVM) compatibility
These features ensure scalability for the platform.
Framework
This guide primarily focuses on using Solidity for smart contracts, with Hardhat (recommended) or Truffle as the utilized environment.
However, other common options for compiling and deploying smart contracts include:
If you are new to the ZENIQ Smart Chain, we recommend you start with the Quick Start and Distributor Contract guides.
Ethereum Compatibility
ZENIQ designed its Smart Chain to be Ethereum compatible, aiming to provide the best environment possible for both new and experienced Web3 developers.
Ethereum is the go-to platform for developing smart contracts. By ensuring compatibility with the current Ethereum mainnet, ZENIQ Smart Chain facilitates access to its ecosystem and a range of mature applications.
This means that the majority of dApps, tooling, and ecosystem components based on Ethereum can be quickly adapted for use on the ZENIQ Smart Chain. As a result, developers have access to a wide range of documentation and example projects, making the transition of pre-existing Decentralized Applications from Solidity-based contracts into the ZENIQ Ecosystem effortless.