1. What is Zeniq?

Introduction to ZENIQ Cryptocurrency

ZENIQ is a cryptocurrency, but specific details are limited. Below is general information about ZENIQ:

1. Trading Platform: ZENIQ can be traded on several cryptocurrency exchanges, such as Binance.

2. Cryptocurrency Features: As a cryptocurrency, ZENIQ uses blockchain technology for transactions and record-keeping, characterised by decentralisation, security, and transparency.

3. Legal Status: In China, all cryptocurrency transactions, including ZENIQ, are considered illegal financial activities, with related services and trading strictly regulated and prohibited.

4. International Regulation: Institutions like the International Monetary Fund (IMF) have also discussed and regulated cryptocurrencies, highlighting the risks associated and the necessity for increased regulation.

Due to the limited details about ZENIQ, the above information primarily outlines the general characteristics and regulatory situation of cryptocurrencies.

2. Who founded Zeniq?

The Zeniq (ZENIQ) cryptocurrency was founded by Erwin Dokter and Michael Ofner.

3. Which venture capitals invested in Zeniq?

I couldn't find any information on a cryptocurrency called “ZENIQ” or any notable venture capital firms that have invested in it. It's possible that ZENIQ is a lesser-known or emerging cryptocurrency, or it may not have received significant investment from venture capital firms.

If you could provide more context or clarify which ZENIQ you are referring to, I'll do my best to provide a more accurate answer.

4. How does Zeniq work?

Zeniq is a cryptocurrency based on blockchain technology, and its operational principles are similar to other cryptocurrencies. Below are its main features and modes of operation:

1. Blockchain Technology: Zeniq uses blockchain technology to record and validate transactions. The blockchain is a decentralised distributed ledger, ensuring the security and transparency of transactions through cryptographic techniques.

2. Decentralisation: Zeniq is not controlled by any central authority or government. Transactions are peer-to-peer and anonymous, allowing for higher privacy and security.

3. Cryptographic Technology: Zeniq employs cryptographic techniques to secure transactions and control the creation of new units. This technology ensures transaction security and prevents fraud and hacking attempts.

4. Mining: New units of Zeniq are created through a mining process. Miners use computer power to solve complex mathematical problems, thereby validating transactions and creating new blocks.

5. Transactions: Transactions of Zeniq are conducted through cryptographic wallets. Users can store, send, and receive Zeniq using these wallets. Transactions necessitate a two-factor authentication process to ensure security.

6. Secure Storage: Zeniq can be stored in hot wallets or cold wallets. Hot wallets are online software, while cold wallets are offline electronic devices used for securely storing private keys.

The specific operational details of Zeniq may vary, but its fundamental principles are akin to those of other cryptocurrencies. For more detailed information about Zeniq, you can refer to its official documentation or related resources.