Horizen ZEN logo

Horizen Network (ZEN)

204 Articles 12 Followers

$4.60

Horizen Network (ZEN) is a cryptocurrency made by Rob Viglione and Rolf Versluis in 2017. It is a decentralized blockchain network with optimal privacy features that aim to provide users with complete control over their digital footprint.

Horizen is a privacy-focused Zk-SNARKS based blockchain platform which includes a Decentralized Autonomous Organization (DAO) amongst a host of privacy tools to help users control their privacy on the internet. Forked from ZClassic in 2017 and rebranded to Horizen in 2018, the Zen cryptocurrency is mined using the Equihash Proof-of-work consensus mechanism. The implementation of ZK-Snarks allows users to retain privacy on their transactions as they are all shielded so they can not be seen by the outside public. 

Decentralized Applications (dApps) are a core feature of the Horizen Network and it is how they distribute their host of privacy-preserving tools. So far, they have released ZenChat, a secure P2P messaging application, ZenPub, an anonymous document publishing platform, and ZenHide, a domain fronting service.

The Horizen Network secures its network through a series of Secure Nodes and Super Nodes. Secure Nodes are nodes that verify the transactions and help to create new blocks. They are required to deposit collateral of 42 ZEN to reach the status of Secure Node. This provides an incentive for the node operator not to attack the network as he has collateral which will be attacked. The Secure Node operators must also meet minimum requirements in their hardware selection ensuring a minimum level of memory, processor speed, and reliability. The Super Nodes are pretty much beefed-up versions of Secure Nodes, however, Super Nodes require much higher minimum hardware requirements. Furthermore, Super Nodes require collateral of up to 500 ZEN to reach the Super Node status. The Super Node operators have greater weight when it comes to voting on governance as they are incentivized to keep the network healthy.

How to get recurring payments with Horizen coin?

Try Recurring Invocing in Horizen NOW   It’s hard to imagine another cryptocurrency providing as powerful a combination of efficiency and decentralization as Horizen. It is simply on another level when it comes to throughput and transaction costs...

NOWPayments 3 minute read 29 Nov 2022 2 comments $0.87

Horizen Community Led Party - Memes and Punkz Hero Victors

The 1st Horizen Community Led Party took place on the 31st of October, with a meme competition, the Horizen Weekly Insider and the Punkz Hero gaming competition. Horizen is THAT project that keeps innovating the Cryptoverse and drives forward the ad...

PVM 1 minute read 1 Nov 2022 6 comments $1.40

Sarcasm Saturday #14 - Snap! The bird is freed ...

Many things happened this week in the Cryptoverse, many breaking news from the real life but none were linking the Metaverse and IRL stuff like the Twitter deal! Elon was inevitable and the Snap took place! The bird if freed ... said Elon! Was the b...

PVM 6 minute read 29 Oct 2022 18 comments $3.18

Crypto Events and Competitions By PVM Entertainment & Leisure

We are approaching the end of the month, and Halloween, and I am putting blood, sweat and tears into organizing a plethora of events! Do you want to join a poker tournament and earn NFTs? Do you want to participate in a gaming tournament and earn som...

PVM 5 minute read 27 Oct 2022 1 comment $1.84

Horizen Halloween Party - Punkz Hero Gaming Competition

The 1st Horizen Community Led Party will take place on the 31st of October, with the Punkz Hero competition as the main event. Meme Lords are invited to the party, as the meme competition will be live over the weekend.  Horizen is THAT project that...

PVM 2 minute read 25 Oct 2022 5 comments $1.74

Top 10 Horizen influencers 2.0

Horizen is one of the market’s most robust blockchains. Horizen is powered by the world’s leading and autonomous multi-tiered node mechanism. Horizen’s objective is to secure data integrity and privacy through actual applications. Horizen’s native co...

NOWPayments 7 minute read 10 Oct 2022 1 comment $2.15

Building a Supply Chain Management System on Horizen Ecosystem

Cryptocurrency has opened up access to financial services for worldwide users nowadays. The radical new way of making payment has found acceptance and DeFi or decentralized finance has almost become a movement. Institutional money has started to flow...

paragism 3 minute read 7 Aug 2022 10 comments $1.95

How to accept Horizen crypto and get fiat?

Horizen is building a secure blockchain that possesses complete interoperability with other networks. Horizen particularly prides itself on the exceptional level of data integrity and privacy that it offers to users. The native crypto of Horizen, ZEN...

NOWPayments 4 minute read 21 Jul 2022 6 comments $1.28

A Quick Dive into Horizen – The Zero Knowledge Powerhouse

The world has witnessed massive growth in the virtual currency industry in recent times as the radical new way of making payments drew investor attention significantly. In a public blockchain, transactions can be traced very easily and be linked to r...

paragism 4 minute read 11 Jul 2022 3 comments $2.13

ZENvangelist Journal - Apeing into the Horizen Ecosystem

Wrapping up 2021 ... getting ready for a better 2022 I joined the Cryptoverse in 2015 and back then the blockchain was presented like a solution for modern age dilemmas, not as a place flooded by memecoins and tokens with no real life utility. Crypto...

PVM 3 minute read 21 Apr 2022 6 comments $0.57