Cryptos: 9 180
Exchanges: 4
Market capitalization: $3.61T
Currency icon

Horizen
ZEN

About Horizen

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...

Interested To Stay Up-To-Date With Cryptocurrencies?

Get the latest crypto news, updates and reports by subscribing to our Telegram updated channel!

CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.

IMPORTANT DISCLAIMER: All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms "Site" is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.

© 2023 CMC.IO. All rights reserved