Horizen

Horizen ZEN

$5.97
Market Cap $ 59.800 MM (#171)
24h Volume $ 3.903 MM
Chg. 24h: 0.82%
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Horizen project purpose and description

Horizen clarity of purpose

Horizen purpose and aspects

Horizen offers a privacy-focused blockchain platform for several use cases such as messagng and more using the zk-snark technology.

Horizen additional differentiation against competition

**Horizen was formerly Zencash

Horizen categories

PrivacyMessagingPlatformDigital currency

Short description

Horizen is an inclusive ecosystem where everyone is empowered and rewarded for their contributions. Horizen’s massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains on the largest node network in the industry. Horizen’s Sidechain SDK provides all necessary components for easy and fast deployment of a fully customizable blockchain.

Abstract

Launched in 2017, Horizen’s leading-edge platform enables real-life uses outside of their cryptocurrency - ZEN. Horizen is a massively scalable general-purpose blockchain system that enables an unbounded and fully decentralized sidechain ecosystem. Horizen is creating an ecosystem with a censorship-resistant peer-to-peer network owned by its users, permissionless in participation, and constructed with incentives for endogenous growth. Horizen’s goal is to create a sidechain system that enables real-world applications to be mapped on a fully distributed, secure, privacy-preserving blockchain architecture, and sharing the use of ZEN as a well established and tradable token with real value. Such a system will allow developers the creation of decentralized applications implemented as sidechains to the Horizen main blockchain with their own logic and data.

Link to Roadmap: https://www.horizen.global/roadmap/
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