What is Horizen (ZEN) Zencash ?

Horizen ZEN Official Logo
Horizen ZEN Official Logo

ZEN is a cryptocurrency that powers Horizen. Horizen is a private, reliable blockchain based platform for transactions, communications, and publishing. Horizen or ZEN, previously Zencash, is a decentralized, open-source cryptocurrency with a blockchain platform that provides privacy and anonymity for its users. ZEN is the native cryptocurrency coin utilized by the Horizen platform. ZEN is rewarded to miners and secure nodes and can be traded on the open cryptocurrency market. Horizen uses the same Zerocash protocol as Zcash, Zclassic and other privacy coins, making it susceptible to the same backdoors and glitches. Horizen seeks to empower people and bring the world together through technology and economic incentives to generate a robust and sustainable ecosystem. They focus heavily on R&D and community development. In addition to the coin, ZEN, the Horizen platform includes the ability to privately chat with others through the Sphere by Horizen App.

Original author – Rob Viglione
Initial release
 – May 2017
Development status – Active

Website – horizen.io

Leave a comment

Your email address will not be published. Required fields are marked *