CENNZnet is a public blockchain network for decentralised applications (DApps), supporting the crypto currencies $CENNZ and $CPAY. CENNZnet is designed to deliver a user-first experience for both DApp developers and the people who use their applications.

CENNZnet features

A user-first dapp platform

The CENNZnet permissioning protocol is intended to help safeguard users when they interact with DAppsCENNZnet simplifies adoption for new DApp users by enabling delegated fee payments, allowing DApps to cover user transaction costs during onboarding and easing early friction for mainstream useNative assets use 4 decimal places, instead of more complex unit structures that can extend up to 18 points

Built-in run time modules

For building DApps, developers can use core CENNZnet modules available within the blockchain runtime. These modules offer common components such as identity attestation, currency (generic assets), and NFTs, helping reduce time to market by letting teams build solutions on proven building blocks.

Consensus mechanism: Proof of Stake

Dual token system

$CENNZ serves as a staking token and operates separately from block rewards. As a result, its value can rise without changing the network’s usage cost. This supports the idea that the price of $CENNZ can grow without affecting what developers and end users spend to access DApps.$CPAY is the network gas used to pay transaction fees. It also functions as a staking block reward payment. It is intended to be algorithmically stable to help maintain consistent value, enabling developers to forecast the cost of their DApps and allowing stakers to better anticipate stake value. $CPAY will be tradable on the CENNZX exchange initially, or it can be sent directly between wallets.