Horizen is a platform that provides an opportunity to create public and private blockchains. The platform allows people and companies around the world to make daily transactions, exchange messages, release decentralized applications and publish them.
Horizen has its own cryptocurrency, ZEN. It provides the opportunity to communicate privately and provides optional privacy with shielded transactions. Horizen cooperates with many crypto payment providers and constantly adds new ones to achieve mass adoption.
The system is based on the end-to-end zero-knowledge encryption and zk-SNARK, which helps transmit and store messages, data or funds securely. ZEN uses the Equihash mining algorithm and PoW (Proof-of-Work) protocol.
ZenCash came to the world at the end of May 2017 (no ICO and no pre-mine). The cryptocurrency is the hard fork of ZClassic, which in its turn appeared as a result of the Zcash fork. In August 2018 ZenCash was renamed to Horizen as it was a part of the brand renovation.
The founders and the team of ZEN are people from different parts of the world with diverse experience. The team is working towards opening up the Horizen platform to the world so that anyone can build privacy-based applications with the option to monetize their creations. This will allow Horizen to bring real-life services to the mass market.
The team lead is Rob Viglione.
Let’s say you want to buy the coin of Horizen. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy ZEN.