Greetings Friends;
In this article I will write about Zephyr a protocol that was born to prove the true practical effect of privacy, providing the necessary resources for this feat and others that will possibly trigger excellent adoption. On the other hand, we cannot be hypocrites when we know this project and think that with only anonymity it will subsist great powers of this segment and in this case Monero. In other words, in this article I intend to clarify some things and how the holders of Monero and other projects in the segment can benefit from the powerful Zephyr project that carries the symbol of thunder or a sword that can be used to break new ground.Back to practice it's enabling a private, decentralized and stable Ecosystem, where through its coin, stablecoin and its value reserve it can balance the needs of any ecosystem, investors and supporters of any level or interest.
It is worth mentioning that this article is introductory and motivational where my function here is to show the true potential of the project in a fun and abstract way. However, if you are looking for technical and more theoretical terms, I recommend that you access the links at the end of the article to learn more.
What is Zephyr(Zeph)?
Before describing the Zephyr project I would like to emphasize why I used thunder, sword and a technological plant. In continuity I connected the thunder with the sword to represent: Power, path, presence, responsibility, technology and future. Therefore, according to some past cultures these symbols carry this essences and connecting the project with these associations can represent a lot with just the image I created. The technological plant represents its ecosystem and every private and decentralized message that the Zephyr project can convey. In general essence a picture is worth a thousand words.
A legendary protocol...
Connecting with the above reflections Zephyr is a protocol that is providing the first private stablecoin in crypto history with excessive collateralization, solving the necessary riddle that Vitalik once mentioned was impossible. That statement is summarized in the following discussion:
According to crypto legend it is impossible to guarantee scalability, security and liquidity at the same time. In practice, one side will always lose strength and will directly influence the ecosystem by influencing new thinkers for a fork or evolution of the project. Thus, L1, L2 and in the future L3 connected to web3 with a strong singularity of networks(A dream my friend) were separated. When we analyze the executable practice of this puzzle, it was he who drove the evolution of the market and its varieties.
Where does Zephyr come into this? A solution... Why not?
By incorporating in its creative essence privacy features into Monero its three practical functionalities, Zephyr is solving this conundrum in an open and magnificent way.
Why?Below are the 3 features where each will solve each point of the puzzle
ZEPHCoin <-> Liquidity
ZephUSD <-> Scalability
ZephRSV <-> Security
So all users will be able to mint or redeem their ZEPHUSD stablecoin and ZEPHRSV reserve in swap for the ZEPHCOIN coin. That's Zephyr, isolating all the abstract technical term that escapes practical influence. So Zephyr does not want to replace Monero or any other private currency but to bring this solution that the market has needed for a long time. Proving once and for all the meaning of decentralization and even with a hint of privacy.
Are adversities welcome?
We can believe it!!!
The great differential of this project is that the 3 varieties are connected and need each other to guarantee the functionality of the ecosystem. Unlike the vast majority of stablecoins, they need a fund in BTC or USDT,BUSD,UDSC and other more influential stablecoins. However, the lack of them can complicate things for example: TerraUSD due to lack of ballast.
Something to think about...
Mint or Redeem?The Secret against the lack of ballast.
A dream? The day the big brother will recognize his little brother.
Zephyr's role should be analyzed from the following perspective:
It is opening a new path for Stablecoin and the privacy segment, never taking the place of great legends like Monero possibly Zecash.
Thus, it will be a dream to see the older project(Monero) embracing and supporting its younger brother(Zephyr). The holders and supporters of Monero should be proud of Zephyr because it has the purpose of essentially taking its legend to the world and showing that Monero is a giant that should never be forgotten. So using resources carries in its "heart" the blood tie that in the future everyone will remember.
Zephyr Specifications:
Coin
Name: Zephyr
Symbol: ZEPH
Algo: RandomX
Total Supply: 18.4 Million
Exchange
Conclusion
We must focus on practice and how Zephyr can add something to society. So if it's solving a very old enigma I believe it will have a huge success. So what's missing for this project? Your support!!!
In relation to its adversities and bad looks from other communities, I believe that the intention of this project is not to bring down any community, but to add and aggregate for everyone. In general, the theory is very beautiful and so is the technique, but what people need is practice and if Zephyr meets that, the rest will follow. Don't forget to be part of the community and learn more to technically understand the fundamentals of the project.
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