Frequently Asked Questions about Z-Coin
Is Z-Coin an investment? No, Z-Coin is a utility token designed for transactions, governance participation, and ecosystem access. It is not an investment vehicle and does not guarantee financial returns.
Do I have to stake my Z-Coins? No, staking is entirely voluntary and is not required for participation in the ecosystem. Staking provides utility access benefits, not investment returns.
Who is responsible for tax compliance? Users are solely responsible for reporting and complying with applicable tax regulations, including Illinois cryptocurrency tax laws.
Which laws govern Z-Coin? These terms shall be governed by the laws of the State of Illinois, USA. Any disputes shall be subject to arbitration in Illinois unless otherwise required by applicable law.
Z-Coin stands out with its hybrid consensus model that combines both Proof-of-Work and Proof-of-Stake, premium Black Card system for stakers, fixed supply cap, and automatic charitable donations. The hybrid approach offers broader participation and enhanced security.
Z-Coin will officially launch on March 18th, 2025.
Z-Coin has a fixed total supply of 10,000,000 ZCN. This cap ensures long-term scarcity and value preservation.
Z-Coin distributes its public allocation (80% of total supply) equally between traditional Proof-of-Work mining (40%) and Proof-of-Stake rewards (40%). This allows participation through both computational contribution (mining) and token staking, combining the security benefits of both systems.
Z-Coin mining can be performed with standard GPU mining equipment. As with Bitcoin, specialized mining hardware (ASICs) may become more efficient over time as the network grows. Detailed specifications will be provided in the mining guide closer to launch.
Mining difficulty adjusts every 2,016 blocks (approximately every two weeks) to maintain a 10-minute average block time. This ensures consistent block production regardless of how much mining power joins the network.
Z-Coin offers options for purchasing and using tokens; you can choose to stake tokens voluntarily for added benefits or use tokens without staking.
The minimum staking requirement is 50 ZCN, which also qualifies you for the Silver Tier Black Card when staked for at least 12 months.
No. Staking is entirely optional. Tokens you purchase can be used immediately for transactions, payments, governance participation, and other utilities without any staking requirement. Staking is only necessary if you want to access premium features like the Black Card system.
Staked Z-Coins remain 100% your property at all times. When you stake, your tokens are simply locked in a smart contract for the agreed period, but ownership never transfers to Z-Coin or any other entity. Your staked tokens are never used for project funding, liquidity provision, or operational expenses. Staking is purely a mechanism to demonstrate commitment to the ecosystem in exchange for utility benefits like the Black Card.
To qualify for a physical Z-Coin Black Card, you need to voluntarily stake a minimum of 50 ZCN for at least 12 months. Higher tiers require increased staking amounts: 100+ ZCN for Gold Tier and 250+ ZCN for Diamond Tier. Staking is entirely optional - you can still use Z-Coin for all basic transactions and utilities without staking.
Yes, Z-Coin is designed to function as a payment method with NFC and QR code capabilities. Anyone can access the virtual payment card features, while stakers qualify for physical metal cards with premium benefits.
1% of every Z-Coin transaction is automatically allocated to vetted Christian charities through our smart contract. These donations are tracked on the blockchain for complete transparency.
Z-Coin can be purchased directly through our website using ETH. After the public launch, Z-Coin will be available on major cryptocurrency exchanges.
When you stake Z-Coin (minimum 50 ZCN for 12 months), those specific tokens are locked for the staking period and cannot be spent. However, any additional Z-Coin in your wallet that isn't staked can be freely used for transactions, including luxury purchases and real estate. This allows you to both earn staking rewards and actively use Z-Coin in the ecosystem simultaneously.
Additionally, there is an early release option: if you've staked for at least 60 days AND the current market price is higher than your purchase price, you can choose to unstake early. This flexibility rewards early supporters while maintaining the integrity of the staking system.
Z-Coin implements a dual wallet system that separates your tokens:
This approach allows you to strategically allocate your Z-Coin holdings between staking (for long-term benefits) and spending (for immediate utility). You decide what percentage of your total holdings to stake versus keep liquid.
Z-Coin is an ERC-20 token built on the Ethereum blockchain, which provides robust security and wide compatibility with existing wallets and exchanges.
Yes, the Z-Coin smart contract has undergone both internal security reviews and external audits to ensure the highest security standards.
The Z-Coin smart contract is deployed at address 0x466138E169C424cF0B5c1281E8D29F6FA3ff5B78 on the Ethereum Mainnet. You can view it on Etherscan by searching this address.