+51.27% growth: How to Buy Ether Zero (ETZ) – A Step by Step Guide
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What is ETZ?
Launched on 19 Jan 2019, Etherzero was created through a hardfork at Block 4936270. The new blockchain, based on the PoW consensus, was launched with 194,000,000 ETZ premined coins. 97,000,00 ETZ were issued 1:1 to all holders of ETH as an Airdrop. The remaining 97.000.000 ETZ are owned by the team and serve to ensure further development.
In June 2018, the team decided to switch from PoW to PoS for security reasons. They decided on a new construction: MPoS, masternode proof-of-Stake. The MPoS consensus aims to combine the energy-saving process of Staking with the security and decentralization of masternodes in conjunction with autonomous self-government by the community.
The new network was launched in August 2018. It features 1-2 second block times and the Power and Slow-Nodes-Judge security management. Etherzero is reportedly fully compatible with Ethereum, allowing developers to publish their smart contracts on the Etherzero Blockchain free of charge.
Currently ETZ is being ranked 509 on Coinmarketcap and has recently surged a hefty 51.27% at the time of writing.
ETZ has been listed on a number of crypto exchanges, unlike other main cryptocurrencies it cannot be directly purchased with fiats. However, the good news is that it's being listed on Binance and KuCoin, two of the top crypto exchanges and has huge daily trading volumes. You can easily buy this coin with bitcoin purchased from any large exchanges, in this guide article we will walk you through in detail the steps to buy ETZ.