Horizen is a privacy-focused blockchain with sidechains and nodes.
Horizen started as ZenCash in 2017, focusing on privacy, scalability, and security with innovative sidechains, multi-tier nodes, and dual consensus mechanisms, and can be purchased on major exchanges.
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What is Horizen (ZEN)?
Horizen originally launched as ZenCash in May 2017 and rebranded as Horizen in August 2018. The project focuses on privacy and aims to address scalability and security challenges common to many blockchains. It emphasizes scalable data privacy through its distinct sidechain platform called Zendoo, which allows developers and businesses to create customized blockchains. Horizen employs a multi-tier node network architecture: Regular full nodes store all transaction data; Secure Nodes have encrypted communication to enhance security; and Super Nodes are powerful versions of Secure Nodes that support sidechains. Zendoo enables the creation of independent blockchain or dApps atop Horizen’s network, integrating specific logic or data as needed. Horizen’s consensus mechanism combines proof-of-wor...
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Horizen price live information
As of now, Horizen is trading at 8.46 USD, with a 24-hour trading volume of approximately 929.54K USD. The ZEN to USD price is updated in real time. Over the past 24 hours, Horizen has increased by 3.88%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 135.35M USD. Currently, there are 15 999 181.25 ZEN in circulation out of a maximum supply of 15 999 181.25 ZEN.
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