When will zks coin be launched on the main network (is zks coin still in use?)

When zks coin will go online on the main network According to zks. market messages, within a week (approximately 10 days) after the main network goes online, ZKS will be launched in three stages. The first stage is to officially launch ZKS; The second stage is:

– development of test networks and wallets Transaction function, block browser, etc The third stage is: public address issuance and community voting rewards At present, the coin charging and withdrawal service and related activities have been opened, and the specific time is subject to the official website announcement

Is zks coin still worth saving?

Editor’s note: This article is from Caiyun Blockchain (ID: cybtc_com) and is authorized to be reprinted by Daily Planet.

Recently, after fluctuating around $10000 for over a week, the currency finally showed signs of a stable rebound. And by 9:30 pm last night, the price of ZKS had already risen to its highest point of over 3USDT OKEx Chief Analyst Charles Hoskinson also responded to this and said, “Currently, the market’s expectations for ZKS prices are positive; but with the recent downturn in market sentiment, it is expected that prices will experience significant fluctuations in the coming months.” In addition, he mentioned that although trading volume on zkswap has decreased, there is still room for trading fees and transaction fees to rise. For those uncertain investors, this is undoubtedly a good choice – on the one hand, it is to earn profits through trading, and on the other hand, it is also because many traders hope to earn more profits However, the good news is that there are two aspects: firstly, many people in the market now use ZKS as an asset reserve. For example, miners need to pledge tokens or lock in some coins to participate, to ensure that their return rate is higher than that of competitors. The higher the number of users, the greater the return. Therefore, if everyone can receive such rewards, there is no need to consider how much funds they have to participate in. Second, most people currently hold a certain amount of ZKS, instead of using all the Cryptocurrency in their coffers to mine, so when you invest a lot of costs to buy some Cryptocurrency, you will face huge risks and losses. The third issue is that in order to avoid attacks, we have also set up a special mechanism to “freeze” token addresses. This way, as long as there are no wallet addresses present, these tokens are basically illegal transfers or money laundering, and cannot be traded. Once someone takes your chips, they have to wait for the exchange to confirm receipt before being transferred to the cold storage pool (hot wallet) From this perspective, if this situation really occurs, it may be because many people have always believed that this system is very reliable, so most investors would be willing to provide a supplementary service for it, but in reality, this service is not completely transparent Another important thing is to add new smart contract codes and various other functions to the contract, such as transactions like Gasfeed Of course, there will also be some gossip involved, making it easier for people to understand why this situation occurs. “Frozen” tokens only refer to a technical means. That is to say, apart from some unofficial individuals who are aware of what the outside world calls a ‘freeze’, there are also many ordinary people who are not sure what exactly caused this event to occur.