Everyday upsides

Self-managed data

Control is rare. The Zucoin wallet app doesn’t sync your entire app usage data with a central company. In fact, almost everything, including your full list of recent transactions, contacts and of course, your wallet encryption keys are stored locally on your device. After settlement, the Splitchain network caches your latest settled transaction result. Other peers find this result when they validate your current state.

Making it easy and delightful

We’ve spent a lot of time making the entire process, from installing the app, sharing your wallet address, managing on-device contacts, to doing a transaction, all the way down to the nitty-gritty technical stuff as simple as we can think of. The aim is to save time and keep those grey hairs at bay.

No transaction fees

As the heavily lifting happens on your device, the Splitchain network doesn’t have to do much in comparison. This means the usage cost is pretty low—so low in fact, there’s no default fees built into the network or in the Zucoin app for doing a transaction. $0 transfers, that’s more like it.

Easy tap-to-confirm push notifications

The Zucoin wallet app accepts transfers by a tap on a push notification. The system also keeps legacy copy-paste abilities intact for those who prefer to choose their own transfer communication channel.

No mining, way less pollution

It’s pretty clear that mining is a race to the cheapest energy, which will be those who are closest to fossil fuel sources for quite some time to come. Staking is a pathway to centralized control, which defeats the whole point of Web3. Instead, Zucoin users validate transactions using a unique truth-searching mechanism, not a mining or validator pool network. It’s far more energy efficient and effective at helping users find proof of transactions on the Splitchain network.

In-built 2FA for better safety, less spam

​Ever sent a package or email to the wrong person? To solve this, Zucoin uses a two-way transaction system. The sender and receiver both confirm a transaction. We’ve completed audits and investigations from Australia’s Austrac (anti-terrorism and anti-money laundering regulator) and ASIC (securities regulator). Why? Well in part, it’s because every transaction is peer-to-peer. You decide who to accept transactions from. Less spam and less annoyances.

On-device processing

The Zucoin wallet app does much of the heavy lifting in the palm of your hands—in your device that is. After settlement, the Splitchain network caches each peer’s latest settled transaction result. This flips the way blockchain systems work, where you send your info to a pool of validators, who process your transaction for you.

If you switch off your phone, the next peer still finds the latest settled result needed for validation.