Zether November Recap – A Month of Milestones and Growth

Publication Date: December 1, 2024

November 2024 has been a landmark month for Zether, filled with significant achievements, community growth, and the launch of exciting developments. As we look back, here’s a recap of the highlights that made this month truly unforgettable.

🌟 Mainnet Launch and Fair Start

Zether officially launched its mainnet on November 1, 2024. True to our commitment to fairness, the network started with a 1T genesis difficulty, preventing any instamine. Additionally, Zether launched with no premine, ensuring a level playing field for everyone. The first block was mined by CoolPool, and the next initial blocks were mined by GTPool. There was no team mining at the start, making this a 100% fair launch. Furthermore, essential infrastructure like the Block Explorer and MetaMask-compatible RPC were live and provided at launch, ensuring a seamless experience for users from the very beginning.

💻 Mining Community Support

We are thrilled to have received overwhelming support from the mining community:

• Zether is now listed on 10+ mining pools, including prominent names like K1Pool, GTPool, and CoolPool.
• The network’s hashrate peaked at an incredible 15 TH/s and consistently remains above 5 TH/s, showcasing strong participation from miners worldwide.

📉 Block Rewards Adjusted

True to our emission schedule, Zether’s block rewards were adjusted twice during November:

• November 15: Block reward reduced from 10,000 ZTH to 9,000 ZTH.
• November 30: Block reward further reduced to 8,000 ZTH.

🏦 Exchange Listings

Zether gained further adoption with listings on 3 centralized exchanges (CEXs), providing more trading opportunities for the community:

• XeggeX
• Rabid-Rabbit
• MecaCEX

On XeggeX, Zether achieved an all-time low (ATL) of 0.00003 and an all-time high (ATH) of 0.0008, reflecting dynamic market activity and growing interest.

📊 Index and Stats Platforms

Zether is now listed on various index and stats platforms, including:

• MiningPoolStats
• Hashrate
• And many more!

🚀 Exciting Developments

The Zether team and community have been hard at work bringing innovative features to life:

• Web Wallet: A simple and secure way to manage Zether.
• Cross-Chain Bridge: Seamlessly connecting Zether with other blockchain ecosystems.
• Lottery Game: A fun and interactive way to engage with the network.
• Zether API: A developer-friendly API to empower integration with Zether's blockchain for building applications, tools, and services.

📝 Blogs Launched

The Zether website now features a dedicated blog section, where readers can stay updated on the latest developments, stories, and announcements. The inaugural article shares the vision and journey behind Zether, offering a glimpse into the passion driving this project.

🌊 Z1Swap – Zether’s First DeFi Platform

Developed by the community, Z1Swap marks Zether’s entry into the world of decentralized finance. This AMM-based DEX allows users to swap tokens effortlessly and is already gaining traction as a foundational DeFi application on Zether.

🎨 Community Contributions

The Zether community has shown incredible enthusiasm by contributing to the ecosystem:

• Some NFTs were created by the community, showcasing their creativity and passion.
• The community has expressed a strong desire to build even more applications and projects on the Zether blockchain.