How far has CENNZ progressed from the launch of the main network to pledge mining?

Can do offline payment, the team members must have a senior background. Now, people are focusing on new things and forgetting what is happening in the old projects, which may come back if the market winds change again.

On September 3rd the venerable ZB exchange organised a dialogue with a venerable project, Centrality, once known for raising more than $100m. Recently, Centrality's eco-partner Company Centrapay has received funding from Coca-Cola Amatil, and Centrality's published CENNZ has launched MXC and ZB.

Now, CENNZnet's main network has been officially launched, pledge mining products are coming soon, how should we pay attention to and participate in the readers? What is the use of the excavated assets? With that in mind, we spoke with Aaron McDonald, CEO of CENNZnet.

1. Glad to meet you. Since most of us are here, it is not too long before we are in this field, could you give us a brief introduction about CENNZnet project and team?

Aaron:I'm very happy to talk to people in the community. I'm currently living in New Zealand, working with our team to push things forward, and I'm deeply passionate about how technology can make the world a better place. Centrality, which I founded four years ago, has always hoped that blockchain technology will be widely accepted by the market.

At present, the team has more than 50 members, most of whom are engaged in technical research and development, while CENNZnet takes the usability into consideration when developing, which is why our Dapp application can be well integrated with offline entities. We attach great importance to efficiency and hope merchants and users can have a good experience.

CENNZnet is based on the mechanism of interest (POS) block chain network, its core function has a certain uniqueness, even for consumer Dapp is optimized, these functions include donuts protocols (a kind of decentralized cookies), technology can help developers to use block chain, to build and centralized as efficient Dapp App.

In this process, we have designed new network mechanisms and licensing models to allow developers to easily predict costs, even with Dapp developers and subscribers already online, to design new cost mechanisms such as community voting, and CENNZ tokens to be used for collateral, network protection, and DAOs.

The recently launched CPAY token is also mainly used to pay for block awards and Gas over the Internet. CPAY is designed to be an algorithmic stable asset, so developers and users can easily deduct costs from it in their business models. At present, many existing blockchain network charging structure is not suitable for developers or users to large-scale adoption.

Imagine if every time Tesla's share price goes up, the price of its cars goes up too. That could easily be a problem. So we redesigned the built-in otc function, so that users can use their local developers and chain Dapp tokens to cover the cost of Gas, which can greatly improve the user experience, because the new user must learn to mortgage assets, if or Gas consumption and use Dapp, while some local Dapp can through early subsidies, to make the new user study. We even have a lot of other interesting features that you can check out on our website.

2. May I ask when CENNZ pledge mining behind the main network is expected to come online? What is the expected initial annualized rate of return on this?

Aaron:We just start provids recently, now more focus on the cross chain transfer between tokens, so that our scrip holders can enjoy the new service at any time, this is phase is very important for us, a lot of fans in our community with us from the start, we hope they can get returns through these services.

After the token transfer is completed, we will move to the next stage of the roadmap, which is mortgage mining. With respect to the annualized rate of return, we will mainly determine the output through network activities, so the more active network transfers are in the main network, the higher CPAY will be generated by each participant.

3. Does CENNZ plan to launch more exchanges in the near future?

Aaron:We are working with our exchange partners to increase access to CENNZ on the market, but all exchanges we are communicating with prohibit us from disclosing any information until then, so please continue to follow our social media accounts.

4. The price of CENNZ has been around $0.05 for a long time before. How do you as the project party view the price?

Aaron:I'm not sure the currency performance will feed back into the current market. As you can see, we are in the early stages of development, but if you look at our technology, our online activities, and the fact that we are pushing for implementation, you can see that CENNZ actually has very clear room for growth.

We believe that the official launch of the main network and the migration of THE ERC-20 to the main network will continue to magnify our advantages, and as we begin to launch new Dapp events, you can compare these star Dapps to the current mainstream DAPPS in Ethereum.

5. Mobile mining is now very popular. Do CENNZ have any other new product plans besides pledge mining?

Aaron:Mining is a focus of the market liquidity, and even we are in this 4 years along the way, have experienced a lot of tuyere, no matter good things or bad things, have experienced, but we prefer to build for the future, will therefore not be specially focus on short-term phenomenon, popular these are temporary, the team should focus on their own direction.

But in September of this year, we're going to have an exciting announcement. It's going to be the debut of a new project.

Another heartening news is that, once all investors will be migrated to a CENNZnet network assets well, anybody in the community can start to build your own on CENNZnet DeFi Dapp, at present there are some very interesting and unique CENNZnet function, these functions will allow developers to erection function more powerful, more beautiful, more friendly to the user interface DeFi Dapp.

Take our Doughnut Protocol, which allows you to create smart contracts that can be enforced down the chain when settling assets, helping to protect user privacy and resolve front-end operational issues.

6. Will CENNZ have a destruction mechanism?

Aaron:When we are in the original design CENNZ did not include will destroy mechanism, mainly its asset attributes do not need to be destroyed, it basically is to maintain the network security, but our new tokens CAPY, there will be a complete destruction mechanism, in order to get the tokens, need participants will CENNZ from ERC - 20 chain migration to CENNZnet to participate on the network, the pledge mining functions, we will follow in the future.

7. As for pledge mining, do participants need to participate in the service designated by the official website or through the channel of exchange cooperation?

Aaron:If you want to participate in pledge mining, you need to convert THE CENNZ of ERC-20 into CENNZnet through intelligent contract. This can be done by the investor alone or through a cooperative exchange, and we will communicate with the exchange about this cooperation.

8. How is CENNZ going to make itself widely known?

Aaron:I think it's a good sign that there are a lot of new investors in the market and we have a lot of room for growth. When people hear about our project and what we have actually done, they are always surprised and ask, "Why doesn't more people know about CENNZ?" "Why are token prices so low?"

In fact, we already have a lot of fans in Japan and are actively promoting our business. Unless it's worth it, we don't advocate with our partners to hype our technology, and we take the impact of every disclosure and decision seriously, and then we discuss it. As every one of our fans can see, we are working hard to move the business forward.

Now we also hope that you will work with us to develop the community and let more people know about CENNZ.

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