Zucoins are a digital asset designed to be transferred between users in a simple, peer-to-peer way of exchanging value.
Understanding how Zucoins move between users helps explain the rest of the Zucoins and Zutopia ecosystem.
How Zucoins Are Used
Zucoins can be:
Bought and sold between individuals on the Zutopia marketplace
Transferred directly between wallets on the SplitChain network
Exchanged as part of peer-to-peer transactions
How Transfers Work
Zucoin transfers happen directly between wallets on the SplitChain network.
When a transfer is made:
The sender initiates the transfer from their Zucoins Wallet
The network processes and records the transaction
The recipient’s wallet is updated once the transfer is confirmed on-chain
Once confirmed, the transfer is permanent and cannot be reversed.