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Zap Stock

Zap

ZAP

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Zap Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BitrueZAP/USDT000377.010cex14/8/2025, 6:35 AM
ProBit GlobalZAP/USDT00022.030cex17/9/2025, 6:15 AM
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Zap FAQ

What is Zap (ZAP)?

Zap (ZAP) represents the inaugural decentralized oracle platform made accessible to the public. Officially launched in January 2019, the development and work on the Zap project commenced in 2017, concurrent with the coin's initial public introduction. The Zap protocol offers an innovative approach to data sharing, token creation, and decentralized applications (DApps). Furthermore, the platform enables users to implement bonded pricing curves. This combination of functionalities positions Zap as a multifunctional blockchain solution suitable for a diverse array of applications. The primary objective of the Zap protocol is to serve as a comprehensive solution for DApp developers, investors, and enterprises aiming to incorporate blockchain decentralization within their operations.

Who Founded Zap?

Nick Spanos is the founder of the Zap protocol and token, holding a degree in computer science from the New York Institute of Technology. His professional career includes several significant milestones, such as serving as the general manager of Webster Hall in the 1990s. Spanos began his engagement with blockchain technology and Bitcoin relatively early, becoming a member of the Bitcoin Foundation in 2013. In the same year, he established the Blockchain Technologies Corporation and the Bitcoin Center, which became a prominent venue for Bitcoin think-tank events and business meetings. In 2017, Nick Spanos focused on a new blockchain endeavor — Zap. Furthermore, he holds two notable patents: one for the creation of the multi-branched blockchain and another for developing a method to organize the process of blockchain paper ballot voting. For more detailed financial and market information, please refer to Eulerpool.

### What Distinguishes Zap? ### Current Supply The circulating supply of Zap cryptocurrency is approximately 236,144,465 tokens, with a total supply reaching up to 520,000,000 tokens. ### Price Details The market price of Zap can be accessed through Eulerpool, where you can find real-time data on the token's current value. ### How Is Zap Secured? Zap utilizes Ethereum's robust security framework, as it is an ERC-20 token. This ensures that the token benefits from Ethereum's decentralized structure and consensus mechanisms, providing a secure and reliable blockchain environment.

Zap exemplifies a comprehensive integration of all the capabilities that blockchain technology can provide. A primary advantage of the Zap protocol is its ability to merge multiple functionalities. While other blockchain projects generally concentrate on a singular development aspect, Zap is pioneering the creation of a multi-functional platform. The Zap protocol empowers users to develop highly-liquid tokens, launch stablecoins, create decentralized applications (DApps), utilize blockchain for tracking and logistics, issue ERC-20 tokens, and much more. Due to its versatile nature, Zap is a popular choice for enterprise development. Companies such as Cafe Joe USA, JuJu Rentals, and Energy Rentals are among the enterprise users leveraging the capabilities of Zap.

What is the Circulating Supply of Zap (ZAP) Coins?

The global total supply of ZAP tokens is 520,000,000, with approximately 236,144,465 currently in active circulation on the market. Notably, due to Zap's multifunctionality, ZAP tokens are minted and burned with every action taken by a customer related to creating bonding curves. As a result, the circulation quantity of ZAP tokens fluctuates continuously. Currently, over eleven markets accept the token, although this number may rapidly change depending on the use of the platform's bonded curves functionality.

### How is the Zap Network Secured?

Zap is an ERC-20 token based on Ethereum that utilizes the proof-of-stake (PoS) consensus mechanism for security. This approach selects validators based on the amount of Zap tokens they hold, rather than their computational power. The PoS consensus method is gaining popularity due to its scalability and cost-efficiency compared to Bitcoin's proof-of-work (PoW) consensus. Thanks to its Ethereum foundation, Zap can be conveniently stored in a wide range of both hot and cold crypto wallets, enhancing its security and making it a versatile investment option. Additionally, users have the capability to create their own ERC-20 tokens using the same consensus mechanisms.

Where Can Zap (ZAP) Be Purchased?

Zap is a relatively popular cryptocurrency token, available for purchase on a wide range of exchanges. Approximately 95% of all trading volume for ZAP, or ZAP/BTC transactions amounting to $409,904, occurs through Bitrue. Another notable exchange for ZAP trading is Poloniex, with a trading volume of $3,613. Furthermore, the ProBit Exchange supports a current trading volume of $2,175. It is important to recognize that investing in cryptocurrency carries risks, similar to any other type of investment. Learn more about buying crypto.

Investors interested in Zap are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.