TrezarCoin
Crypto Overview
Overview
TrezarCoin (TZC) is a peer-to-peer cryptocurrency that was launched in 2017. It utilizes a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism.
Purpose and Utility
TrezarCoin was designed to serve as a digital currency for everyday transactions. The project aimed to provide fast, secure, and low-cost transactions while maintaining decentralization through its hybrid consensus mechanism.
Business Model and Development
The project appears to have had minimal development activity in recent years. The last significant updates to its GitHub repository were several years ago. While the blockchain remains operational, community engagement and development progress have been limited.
Real-World Adoption
Current usage of TrezarCoin appears to be primarily focused on trading activities. There is limited evidence of widespread adoption for its intended use as a medium of exchange. Trading volumes are relatively low across the few exchanges where it is listed.
Token Distribution
Information about the initial token distribution and current holdings is limited. The project did not have an ICO, and coins are generated through mining and staking.
Crypto Impact
To assign a comfort level investing in TrezarCoin from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to TrezarCoin.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.