Horizen is a blockchain platform that allows users to construct both public and private blockchains. People and businesses all around the world may use the network to execute daily transactions, send and receive messages, and create and publish decentralized apps. ZEN is Horizen's cryptocurrency.
Horizen allows users to interact secretly and offers the option of protected transactions for more privacy. Horizen works with a variety of crypto payment providers and is continually adding new ones in order to gain widespread acceptance.
Horizen was introduced in May 2017 with the goal of ensuring data integrity and privacy by allowing real-world use cases. Horizen promises to be totally decentralized, fully customizable, and privacy-focused, as well as supporting low-cost blockchain development with customized income structures and an unlimited amount of tokens and digital assets.
What is Horizen [ZEN]?
Horizen is a decentralized blockchain architecture. Its sidechain platform focuses on scalable data privacy, allowing companies and developers to create private or public blockchains utilizing Zendoo, a proprietary sidechain technology.
End-to-end zero-knowledge encryption and zk-SNARK are used to protect the transmission and storage of communications, data, and money. The Equihash mining algorithm and the PoW (Proof-of-Work) protocol are used by ZEN.
Who Are the Founders of Horizen [ZEN]?
Horizen was developed by two researchers named Robert Viglione and Rolf Versluis. Robert Viglione is the co-founder and CEO of Horizen Labs, as well as the Zen Blockchain Foundation's co-founder and president. He is a Ph.d. student in Finance at the University of South Carolina and formerly served at Lanmark Technology as an operations research analyst. He also operated for Tecolote Research as an advanced analyst and for the US Air Force as a project manager.
Rolf Versluis is the senior advisor and co-founder of Zen Blockchain Foundation. He runs a mid-sized mining company and is an experienced company entrepreneur in the IT industry. Rolf has worked with Cisco Systems, the semiconductor sector, and the US Submarine Force as a nuclear-trained officer.
Jane Lippencott was a co-author of the initial whitepaper and a member of the founding team. She is presently a Winklevoss Capital associate. She is also a member of All Rise's 2021 VC Cohort and a Teller Finance advisor.
What Makes Horizen Unique?
Horizen employs a sidechain design that may be used in a variety of real-world scenarios. This cross-chain transfer mechanism enables decentralized sidechains. These are independent blockchains that are linked to the parent blockchain and can operate at the same time.
Horizen's aim is to empower individuals and bring them closer together by creating an inclusive environment in which everyone can benefit from their contributions. Zendoo is a decentralized and configurable sidechain solution that addresses blockchain's existing scalability and extensibility issues.
Where Can You Buy Horizen [ZEN]?
Horizen (ZEN) coins are available on the majority of major exchanges, including:
- Huobi Global
- Bithumb Global
ZEN has been listed on several cryptocurrency exchanges, but unlike other major cryptocurrencies, it cannot be purchased using fiat currency. However, you may still acquire this currency by first purchasing Bitcoin from any fiat-to-crypto platform and then transferring to an exchange that trades ZEN. In this tutorial post, we will lead you through the procedures to purchase ZEN in detail.
Frequently Asked Questions
Can I Buy Horizen [ZEN] With Cash?
There is no direct method to purchase ZEN using cash. You can, however, utilize markets such as LocalBitcoins to first acquire BTC, and then complete the remainder of the procedures by moving your BTC to the appropriate AltCoin exchangers.
Are there any quick ways to buy Horizen [ZEN] in Europe?
Yes, in reality, Europe is one of the easiest countries to acquire cryptocurrency in general. There are also online banks where you can create an account and send funds to exchanges like Coinbase and Uphold.
What is the cheapest way to buy Horizen?
With Binance, you get reduced trading costs than on other exchanges. Use Discount Code: EE59L0QP to receive a 10% rebate on all trading costs.
Horizen Official website – https://www.horizen.io/
Horizen Twitter – https://twitter.com/horizenglobal
Horizen Reddit – https://reddit.com/r/Horizen