This article was first published on Centrality - Medium
CENNZnet, the blockchain focused on user experience has now completed its token swap. This step opens the door for the next stage of growth where CENNZ can be natively used to power the ecosystem of user-friendly DApps. With more than 300,000 active users at launch, CENNZnet is off to a roaring start.
The token swap burned the old Ethereum-based (ERC20) tokens and minted new CENNZ on the native CENNZnet mainnet. Exchange integrations are completed and the new trading pairs will be listed.
The CENNZnet mainnet went live on August 31st, 2020 and the team worked hard to prepare it for live tokens and public staking. This included updating the mainnet to runtime v37 to improve security and stability for tokens.
2020 was a year of delivery for the CENNZnet team. The newly minted CENNZnet CENNZ token marks a new era for the platform, with 2021 being the year of venture growth and more DApps building in the Centrality ecosystem. CENNZnet token holders can prepare themselves for a great year ahead as the platform moves to public staking.
Thanks to the dedicated CENNZ community, the swap transition period has been a success.
We are looking forward to the next phase as the community starts to actively participate in the network governance and development to make this a truly community driven project!
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Centrality - Medium