Horizen (ZEN)

About Horizen

Horizen, formerly, ZenCash, is a blockchain platform with the best privacy technology providing people w/ privacy & complete control of their digital footprint. Horizen is one of the newly launched cryptocurrencies that is attracting crypto enthusiasts because of its focus on privacy. The coin is gaining traction because of its privacy feature which is why it's also being anticipated to be Bitcoin’s great grandson. Horizon is a decentralized blockchain platform that can be used for public, private and anonymous transactions, communications, and publishing. Its total supply is 21 million ZEN. It was launched on 23rd May 2017 without any premining or an Initial Coin Offering (ICO).

The ZenCash team is led by Ron Vigilione, who is the founder of ZenCash and William Wolf. It is backed by a robust team of veteran software developers which regularly posts updates. ZenCash is a hard fork from Zclassic. All holders of Zclassic coins before block 110,000 were awarded ZenCash coins as well through an airdrop in a 1:1 ratio. The team created ‘Super Nodes’ which maintained logic migration from off-server clusters to sidechains, which have better computation and storage. Super Nodes will support multiple applications like ZenGrid, ZenXchange, etc.

ZenCash uses a secure node system to relay data via connecting nodes and deliver it by the core protocol. They enforce strict privacy requirements and encrypt network data. The core protocol also delivers secure messages using the ZenChat service. A Domain fronting technique is used by ZenCash to conceal the endpoint of a communication. A commercial content distribution (CDN) network named ZenPub uses the Hypertext Transfer Protocol Secure (HTTPS) protocol to offer a secure standard web architecture for publishing documents securely. Another service named ZenHide helps mask network traffic data so that users facing regulatory or other filtering hurdles can connect to the ZenChat network without too much trouble.

ZEN coin is available to trade on multiple exchanges like Bittrex, Coss.Io, UPbit, Cryptopia, etc. But with the ZEN cryptocurrency being available over many exchanges, it can get difficult to get the best price for your transactions. While cryptocurrency exchanges provide you with a platform to buy or sell the ZEN cryptocurrency, CoinSwitch, the largest cryptocurrency conversion platform, comes in to help you make the right decision by providing the prices for ZEN. As of June 2018, its market capitalisation stands at $64.6 Million USD. The maximum supply of the ZenCash cryptocurrency (ZEN) is 21 million ZEN.

ZenCash is a true leader not only in privacy but with governance, economic incentives and sheer engineering ingenuity. Zen is the first ever Cryptocurrency to build in TLS. It protects not only the protocol but also the data packets sent between communications. Their secure node system allows a low barrier to entry, passive income stream for node operators. They serve the network by enforcing strict privacy requirements, maintaining full histories, and encrypting network data."