Horizen is a blockchain platform that is focused on data integrity and privacy. They enable real-world use cases with their interoperable blockchain ecosystem. The Horizen ecosystem includes their scaling solution, Zendoo, an SDK to build dapps on the Horizen Zendoo network, A private messaging app called ZenChat, and their wallet application, Sphere by Horizen.
It has a native cryptocurrency called ZEN. The total number of ZEN will not exceed 21 million. Horizen will cross a halving every four years. It has an optional privacy feature which is the perfect way to be in control of your digital transaction anonymity. ZEN coin positions itself as not a volatile currency. The ZEN market is very liquid and ZEN has never collapsed drastically. Horizen (ZEN) is listed on several major exchanges such as Binance, OKEx, and Bittrex.
ZEN offers two different types of addresses:
Horizen Payment Benefits:
- T-Addresses – Regular addresses for making transactions similar to Bitcoin. These transactions are public and transparent on the blockchain.
- Z-Addresses – Also known as shielded addresses, transactions between Z-Addresses are completely private and anonymous.
Horizen allows for «shielded transactions» which provide total anonymity.
With ZEN, you can choose to use private transactions. You can also control your privacy with ZenChat, their private messaging option.
ZEN transactions are secure and also protected against the 51% attack.
Horizen has the most nodes of any blockchain network: more than 40,000.