ZOS, while remain true to our original aspiration, to the future we sail！
Official website: https://www.zos.cm Coming Soon
官网：https://www.zos.cm Coming Soon
We are the Canadian ZOS community, and we represent the assertion of some members from ZOS project. We are deeply intrigued by the concept of DEFI, we are dedicated into truly promoting the decentralization and community of DEFI, and we have been concerned about and participating in the development of the ZOS projects. However, recently with the continuous increasing attention brought into the ZOS community, in the process of communicating with some members from the project side, we have made conceptual differences on the development of ZOS in the decentralization technology and the protection of asset security of community investors. We belong to the party that adheres to the original concept of ZOS.
ZOS cryptocurrency was first released in the world's top public chain EOS. The security, efficiency and technology scalability levels of EOS have been recognized by the global blockchain community, and it can fully support the development route of ZOS at current stage. So we hope that ZOS can be similar to case of MAKER DAO on Ethereum that it can as well operate transparently and publicly on EOS.
On contrary, some members of ZOS project began to violate above concept. They are planning to list ZOS coins in IEO on the MXC exchange, issued in the private public chain. This private public chain is not mature and has not been tested by the market. There are too many uncertainties in terms of decentralization and security. In the event of a potentially unknown risk, it will seriously threaten the safety of investors' assets and is highly likely to cause irreversible investment risks.
Given that ZOS is operating well in EOS public chain at this stage, we are not in favor of moving ZOS to a private public chain with various unknown risks. We insist on continuing to use the EOS public chain.
From the perspective of global blockchain technology development trends, including Binance Dex, Cosmos is used as the bottom layer of their public chain. We also hope that in the near future, after the seamless decentralized cross-chain technology leading developed by Cosmos and Polkadot matures, we will adopt the latest cross-chain technology to safely land ZOS's cross-chain lending and other distributed financial business, instead of using "private public chain" this purely centralized retreat, to promote the so-called "distributed finance".
In addition, the corruption events of centralized exchange have occurred from time to time. ZOS first listed on Zhuibi.com, a decentralized exchange based on the Bancor model, was a result of careful consideration of prudent safety and responsibilities for the assets of community investors. We strongly recognize the decentralized process of issuance and circulation which is based on Bancor. Since the development of global decentralization technology, Bancor has been the most decentralized exchange model in terms of pure on-chain trading, openness, transparency and non-corruption. We don't want ZOS project to abolish Bancor's decentralized protection model in the early stage of development, leaving investors to enter a risk-intensive, purely centralized secondary trading market.
That’s why we insist the original concept of true ZOS and DEFI decentralized finance!
Only by persisting in transparency, adhering to asset security, persisting in decentralization, and adhering to community governance, ZOS has a future!