Horizen (ZEN) is a platform designated for private communication and private financial activities. The platform allows people and companies around the world to make daily private transactions, exchange messages, release decentralized applications and publish them.
Horizen has its own cryptocurrency ZEN. It provides the opportunity to communicate privately when conducting transactions, and publish documents in the Horizen blockchain by using the Inter-Planetary File System. Horizen cooperates with many crypto payment providers and constantly adds new ones to achieve mass adoption. The system is based on 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 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 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.