What do you know about Digital Currency 2Z
Currency 2Z (DoubleZero) is a native digital currency for the DoubleZero protocol network, which is an infrastructure layer aimed at improving global connectivity for high-performance distributed systems, including blockchain-based systems. This currency is used to pay for network usage costs and incentivize contributors who provide fiber optic services and network links, in addition to participation and storage mechanisms. The protocol is designed for speed, performance, and decentralization, and works to reduce latency and instability in decentralized communication systems. 2Z was initially issued on the Solana blockchain using the SPL token standard, making it compatible with audited applications and devices in the Solana system.
The currency is used to pay for consuming network resources, and resource providers receive 2Z as compensation for their services. The currency's price today is approximately $0.53, and the protocol achieves a daily trading volume of around $1.5 billion with a market cap estimated at about $1.8 billion. The 2Z currency is one of the important technological currencies that aims to solve issues of latency and performance in blockchain networks and other distributed systems[1][2][3][4]