A dual-ledger layer-one plans to supersede Ethereum and Solana by solving the blockchain trilemma with a ‘feeless paradigm’
A dual-ledger layer-one plans to supersede Ethereum and Solana by solving the blockchain trilemma with a ‘feeless paradigm’ Using radically new protocol infrastructure, a decentralized network plans to eliminate the need for trade-offs between usage cost, scalability and security. The Blockchain Trilemma, a term coined by Vitalik Buterin, refers to the challenges in creating a scalable, secure and decentralized network. Blockchain developers are often unable to prioritize complete decentralization without compromising on scalability and security. Zenon - Network of Momentum (NoM) presents a fair approach to decentralized networks that has long been coveted by users in the space. NoM combines a block-lattice and directed acyclic graph (DAG) in its protocol architecture aimed at combating the high transaction fees plagued by legacy networks like Ethereum (ETH). The network plans to change the fee paradigm through Plasma – a third dimension asset that acts as the network gas, removing transaction fees completely. The more Plasma users generate, the higher the transaction throughput they can achieve. Zenon uses a dual-coin approach with two primary assets, ZNN and QSR, working in synergy to power the network. In order to generate Plasma, users need to stake QSR coins or submit valid proof-of-work (PoW). This, in turn, increases the overall security



