The Zephyr Protocol, at its heart, is an over-collateralized, crypto-backed stablecoin protocol, a concept refined through the innovative Djed Protocol. Djed originated from a collaboration between the Ergo Foundation, Emurgo (Cardano ecosystem), and IOHK and its first deployment was SigmaUSD on Ergo in 2021.
Bridging the gap between privacy and stability, Zephyr leverages the proven mechanics of the Djed Protocol while encapsulating the robust privacy features inherent to Monero. This unique combination gives rise to the world's first overcollateralized stablecoin that guarantees privacy - a major leap in the evolution of digital currencies.
RandomX proof-of-work (PoW) optimized for general-purpose CPUs to promote decentralization and egalitarian mining. Emission Curve: Zephyr has been designed with a slightly slower emission curve compared to Monero. This design choice is aimed at rewarding early adopters by reducing their dilution over time. By slowing the initial emission, the potential inflationary impact on the price of ZEPH is lessened, benefitting the stability of the algorithmic stablecoin system.
To start mining you will need a wallet and a miner. For more details, see our quick step-by-step guide on how to mine Zephyr on Nanopool.
- Zephyr official website - https://www.zephyrprotocol.com/
- Zephyr on GitHub - https://github.com/ZephyrProtocol/Zephyr
- Zephyr blockchain explorer - https://explorer.zephyrprotocol.com/
- CPU hashrate list - https://hashrate.no/cpus