The Zenotta blockchain
A Layer-1 blockchain designed to provide the backbone of the digital economy, built around data ownership and provenance, and peer-to-peer trade.
Zenotta is a new layer-1 blockchain for digital trade
Powered by Smart Data and the Zeno, Zenotta provides a secure end-to-end solution for payments, assets, dApps, and decentralised marketplaces.
The Zenotta blockchain builds on the shoulders of giants to bring a new paradigm to the blockchain space: a layer-1 enabling direct, native peer-to-peer trade that is free of smart contract risk. Innovative ledger architecture, network topology, and the introduction of a “data currency” allow for a scalable & secure solution to the data double spend problem.
Bitcoin is peer-to-peer
electronic cash
Ethereum is a platform for decentralised applications
Zenotta is peer-to-peer electronic trade via the world’s first data currency — the Zeno — and the platform for decentralised marketplaces
How do we compare
with other layer-1s?
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|---|---|---|---|---|---|---|---|---|
| Market cap ($) |
 Zenotta
– |
 Bitcoin
390 B |
 Ethereum
190 B |
 Cardano
15.5 B |
 Solana
11.4 B |
 Avalanche
5.7 B |
 Cosmos
3.4 B |
 Filecoin
1.6 B |
| Consensus protocol |
Zenotta
PoI |
Bitcoin
PoW |
Ethereum
PoS |
Cardano
PoS |
Solana
PoH |
Avalanche
PoS |
Cosmos
DPoS |
Filecoin
PoUW |
| TPS |
Zenotta
>8,000 |
Bitcoin
7-10 |
Ethereum
13 |
Cardano
250 |
Solana
59,000 |
Avalanche
4,500 |
Cosmos
3,000 |
Filecoin
n/a |
| Smart Contracts |
Zenotta
 |
Bitcoin
 |
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Asset-backed NFTs |
Zenotta
|
Bitcoin
|
Ethereum
 |
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Auditability of trade |
Zenotta
|
Bitcoin
|
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Data & files blockchained |
Zenotta
|
Bitcoin
|
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Energy consumption |
Zenotta
|
Bitcoin
|
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Two-way atomic ledger |
Zenotta
|
Bitcoin
|
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Identity-based ownership/digital-ID |
Zenotta
|
Bitcoin
|
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
| Legal framework & dispute resolution |
Zenotta
|
Bitcoin
|
Ethereum
|
Cardano
|
Solana
|
Avalanche
|
Cosmos
|
Filecoin
|
How does the Zenotta blockchain work?
The Zenotta blockchain forms the backbone of ITTP, providing native transactability of data and digital assets across the Internet.
Hybrid, parallelised architecture employing distributed mining nodes & decentralised blockchain service providers (BSPs) allow blockchain technology to scale. The Zenotta blockchain, through ITTP, allows data to be transacted across the Internet, rather than merely transferred, by solving the data double spend problem.
Introducing Blockchain Service Providers (BSPs)
Similarly to the role that ISPs played in birth of the Internet, the dedicated BSP nodes on the Zenotta blockchain provide high throughput and ease-of-access, along with service level monitoring and provision.
The use of UNCOntestable Random Numbers (UNiCORNs) and a modified form of Nakamoto consensus ensure censorship-resistance and unbiased transaction selection via the distributed network of miners.
Introducing Proof-of-Input
Providing Sybil resistance and consensus through inputs from independent contributor groups.
Proof-of-Input utilises true and verifiable random selection to ensure an unbiased transaction set via contributions from both the users and the miners. A balancing protocol reduces the incentives for greedy mining in order to keep the network decentralized and lower the energy consumption.
