As it is stated on the official ETZ website, EtherZero is a hard fork of Ethereum which aims to provide no-fee, high expansibility, real-time transaction or operation feedback services. Aiming to be a general-purpose smart contract platform, ETZ helps developers set up DAPPs that are not limited in finance and business scope, but more frequently used in daily life, to popularize decentralized services to more people and industries.
EtherZero hard fork was successfully launched on January 20, 2018 on block 4936270. The initial total supply is about 194 million ETZ, and each ETH holder receives 1 ETZ for each 1 ETH , total 97 million ETZ, and another 97 million ETZ is reserved for late development and foundation operation by the team.
The EtherZero fork has been successfully launched on block 4936270, now we are testing in the real circumstances, will release the blockchain explorer as soon as possible for people to check and follow EtherZero fork schedule to do our next job. Thank you all for your support! pic.twitter.com/6J7Zmx1N6h
— EtherZero (@EtherZero_org) 20 January 2018
Yobit exchange announced support for EtherZero and added ETZ/BTC and ETZ/ETH trading pairs. The price of ETZ is 0.01299998 BTC and respectively 0.14799997 ETH at the moment of press.
ETZ/BTC Charts on Yobit
The team behind EtherZero has announced the future plans, including the launch of the official network nodes, the release of tokens, the mining pool and the block browser. Moreover, developers plan to improve the code to ensure the stability of the network and publish the source code for trading platforms, external pools and developers of DAPP by the end of January.