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Horizen Network (ZEN)

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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.

Swapzone's AMA Sessions: Horizen ❘ A Recap

Today, we’ve kicked off our brand new AMA session and taken a closer look at Horizen, the most secure interoperable blockchain ecosystem with a sidechain platform focusing on scalable data privacy and enabling businesses and developers to custom-buil...

Swapzone 11 minute read 7 May 2021 2 comments $0.53

Mining adventures and other kind of felines

I will make two articles this weekend, one about mining and masternodes profits, and another about other blockchain networks than ETH, that I tested lately with surprising results (more than 4000% gains, but of course this was partially to dumb luck...

Heruvim78 2 minute read 16 Apr 2021 5 comments $0.21

What is Zen?

The Horizen project was launched as ZenCash by Rob Viglione and Rolf Versluis in May 2017. Originally created to provide a peer-to-peer economic system for money, media, and messaging, it was rebranded as “Horizen” in July 2018. The team expanded its...

Teresa1995 3 minute read 3 Apr 2021 0 comments $0.03

What is Horizen? A guide by NOWPayments

March 29, 2021 by NOWPayments.io What if there was a platform that could unite people around the world and reward everyone according to their contribution? Horizen is on a mission to build such an ecosystem, fully decentralized, robust, sustainable,...

NOWPayments 1 minute read 29 Mar 2021 2 comments $0.17

StZEN a new ERC20 token coming soon

Horizen, launched in 2017, and StakeHound, a swiss company that is focusing on building bridges between staking protocols and Ethereum’s DeFi, partnered to enable ZEN users to participate in the Ethereum-based DeFi ecosystem. This marks a milestone i...

TigerTn 1 minute read 13 Mar 2021 1 comment $0.04

One of the biggest revelation of this year - Horizen (ZEN) - new Roadmap revealed!

Hello guys I'm gonna present you one of the TOP 100 coins and soon, probably, a top 50 one. According to this project's website: "Horizen is the most secure interoperable blockchain ecosystem supportedby the largest and most decentralized node infras...

VNFC 2 minute read 6 Mar 2021 0 comments $0.38

Top 10 Best Performing Rewards Earning Crypto Assets - January 2021 Summary

Hi, Insight Readers. The year 2021 has just begun yet we are already seeing cryptocurrencies making a surge. Different cryptos are hitting a brand new all-time high (ATH) mark, and enthusiasts are onboard on these lifetime events. Altcoins are growin...

Chriss 1 minute read 23 Feb 2021 1 comment $0.41

Horizen currency (ZEN) Analysis

Do you remember what we said before about Horizen currency (ZEN)   2 weeks = Double >>> 3 weeks = ReDouble   If you missed our last article you could read it here >>> Horizen currency (ZEN) Analysis >>> 19/1/2021   (ZEN) currency has been recording a...

Ayman Crypto 1 minute read 16 Feb 2021 0 comments $0.13

Horizen currency (ZEN) Analysis

Congratulations to all our genuine traders & followers. 2 weeks = Double >> 3 weeks = ReDouble We have got the Horizen Currency  (ZEN) target as we predicted exactly & I wish you were able to make more than 150 % of your investment.   Let’s remember...

Ayman Crypto 1 minute read 19 Jan 2021 0 comments $0.04

Top 5 Cryptocurrency Movers for January 10, 2021

Welcome to “Top 5 Cryptocurrency Movers” where I look at all the major crypto coins on the market and choose the five that made the biggest move (either positive or negative) on this day, explaining my thoughts why the move happened, as well as the h...

JakeB 2 minute read 11 Jan 2021 0 comments $0.13