The concept of the VAULT

The Vault is in the Z ecosystem what a bank is to a country's financial system and central bank. It is a location where you can inject and take back funds, buy and sell coins. It is the only non-user in the system. It holds and manages the distribution of all coins created within the Z ecosystem.

In other words, the Vault is the access to the Z ecosystem and is the doorway to where the real funds are held.

Actions can be done through the vault but they differ between the user and collector view. Any coin interaction is solely available for users using the collector view. In user view, the vault is limited to injections (deposits of funds) and extraction (withdrawals of funds).