The Zether blockchain is thriving, breaking milestones and bringing its community together with exciting innovations. From mining to NFTs and DeFi, Zether’s ecosystem is evolving rapidly. Here’s a recap of the latest developments and why the future looks brighter than ever for this blockchain expansion.
A Major Mining Milestone
Zether has reached a another milestone with the discovery of block #233,000, marking yet another step forward in its journey. With this achievement, only 67,000 blocks remain until mining rewards drop from 8,000 ZTH to 7,000 ZTH at block #300,000.
This reduction in block rewards is a pivotal moment for the blockchain. As rewards decrease, the scarcity of ZTH will naturally increase, potentially driving the price higher. Supply and demand will become the key factors, making the next phase of mining even more exciting for the community.
📊 Current statistics underscore Zether’s growing momentum:
- Price: $0.00031 per ZTH
- Market Cap: $708,000
- Circulating Supply: 2,271,376,800 ZTH
Zether’s market cap has grown steadily since its inception, and with each milestone, the blockchain is solidifying its position as a player to watch in the crypto space.
Asia Mining Pool: A Gateway for Miners
Zether.Cloud has always been at the forefront of ZTH mining, and the launch of the new Asia Mining Pool is no exception. Strategically located in Singapore, the Asia Pool was developed in response to requests from miners across the region.
The introduction of this pool is a testament to Zether.Cloud commitment to stability and decentralization. By expanding its infrastructure, the network not only increases its global reach but also ensures that miners in Asia can enjoy low latency connections and higher block probabilities.
👷♂️ What makes the Asia Pool special?
- Low Ping: With servers located in Singapore, miners in Southeast Asia and surrounding regions can connect faster, resulting in smoother and more efficient mining.
- High Efficiency: Improved connectivity boosts the chances of successfully mining blocks, making this pool a powerful resource for seasoned and new miners alike.
- Flexible Mining Modes: The pool supports both PPLNS (Pay-Per-Last-N-Shares) and SOLO modes, allowing miners to switch between the two based on their preferences.
🎁 To celebrate the launch, Zether.Cloud has announced an 8,000 ZTH bounty for the first person to mine a block with the Asia Pool! This is an incredible opportunity for miners to kickstart their journey with the new pool while contributing to the stability and decentralization of the network.
Ready to join the action? Head over to https://Asia.Zether.Cloud/ to get started.
Z1Swap: Driving DeFi Innovation
The Z1Swap team has been hard at work, rolling out new tools and features to enhance the DeFi experience on the Zether blockchain.
Their latest development, a custom charting tool, is now live in beta and available at https://info.z1swap.com/. This tool allows users to track token performance easily and lays the foundation for even more advanced features in the future.
But that’s not all—the Z1Swap team recently launched a stats page, linking it seamlessly with the charting tool to provide a comprehensive overview of tokens on the platform. These updates mark just the beginning of what promises to be a transformative journey for Z1Swap.
📉 Market Updates:
- The Z1 token experienced a slight dip this morning, dropping from $0.11 to $0.091.
- The Z1/ZTH trading pair also saw a decrease, moving from 320 to 270.
Despite these fluctuations, Z1Swap remains a cornerstone of Zether’s DeFi ecosystem, and its ongoing innovations are sure to bolster its standing in the months ahead.
NFTs: A New Frontier on Zether
The NFT space on Zether is heating up, and recent developments have the community buzzing with excitement.
ZPUNK NFTs: A Success Story
The sale of ZPUNK NFTs, the first-ever NFT collection on the Zether blockchain, has officially concluded. These 1,000 unique NFTs captured the imagination of the community, with the final batch of 167 NFTs selling out in record time. Priced at 4,500 ZTH each, the collection showcased the growing interest in NFTs on the Zether blockchain.
Amazing to see the creativity flowing on #Zether!
— Zether (@ZetherOrg) December 4, 2024
From unique #ZPUNK NFTs to projects like #Z1Swap, https://t.co/bvkSri686o – the community continues to innovate and build!
If you’re a creator, developer, or just passionate about blockchain – come and build with us on #Zether! https://t.co/NTQwMS8AQ9
The sale’s swift conclusion is a testament to the strength of Zether’s community and the potential of its NFT ecosystem.
ZetNFT Marketplace: Coming Soon
Building on the momentum of the ZPUNK collection, the Zether ecosystem is set to welcome its very own NFT marketplace: ZetNFT.
This platform will empower users to buy, sell, and mint their own NFTs, creating a dedicated space for creators and collectors alike. With the NFT market booming, ZetNFT aims to fill the growing demand for seamless NFT trading and launchpad capabilities.
🚀 ZetNFT Progress Update:
- Domain Secured: The groundwork is in place.
- Frontend Development: Nearing completion, with testing to follow.
- Launch Date: The platform is expected to go live this Sunday.
The ZetNFT marketplace is poised to become a game-changer for Zether’s NFT ecosystem, offering users a robust and user-friendly platform to explore this exciting new frontier.
Future NFT Plans
The success of ZPUNK has inspired the Z1Swap team to consider launching their own official NFT collection. With support from Zether.Cloud’s resources and guides, this could be the start of a whole new chapter for Z1Swap and the Zether ecosystem.
The Road Ahead
Zether’s ecosystem is growing at an unprecedented pace, with advancements in mining, DeFi, and NFTs paving the way for a bright future. As the blockchain continues to evolve, its community remains at the heart of its success.
Whether you’re a miner, trader, or NFT enthusiast, there’s never been a better time to get involved with Zether. Join us as we build a decentralized future together.
Stay tuned for more updates in the next News from the Zether Cloud!
Links:
Official Zether.org website: https://zether.org/
Official Zether.org bridge: https://zether.org/bridge/
Z1Swap DEX on Zether: https://z1swap.com/ & https://info.z1swap.com/
ZTH Block explorer: https://zthscan.com/
Zether Community Mining Pool: https://pool.zether.cloud/
Zether Community Asian Mining Pool: https://asia.zether.cloud/
Join the pool.Zether.Cloud discord server: https://discord.gg/czVX6VqYRZ