Horizen: ZK-Enabled Network

Horizen: ZK-Enabled Network. Horizen (formerly known as ZenCash) is a privacy-focused blockchain platform that aims to provide users with secure and anonymous transactions, communications, and data storage. Horizen’s platform is based on a modified version of the Bitcoin protocol and uses a consensus mechanism called Proof of Work Equihash, which is designed to be ASIC-resistant and more secure than traditional proof-of-work systems.

Horizen offers a range of features including privacy-focused messaging, secure nodes for hosting applications and a cryptocurrency called ZEN that is used for transactions and as a reward for securing the network. The platform also supports sidechains, allowing developers to create their own custom blockchain solutions that can be integrated with the Horizen ecosystem.

Horizen was launched in 2017 and is managed by a team of experienced blockchain and privacy experts. The platform has gained popularity among privacy advocates and cryptocurrency enthusiasts due to its strong focus on privacy and security.

FUN FACTS ABOUT HORIZEN

1. Horizen was initially launched as ZenCash in May 2017 but rebranded to Horizen in August 2018 to better reflect its broader vision of creating a privacy-focused platform.
2. The Horizen team is distributed across the world, with members located in more than 15 countries.
3. Horizen has a unique treasury system that allocates a portion of block rewards to fund development, marketing, and community initiatives. This allows the Horizen community to have a say in how the project is developed and funded.
4. In addition to its privacy-focused blockchain platform, Horizen has also developed a secure messaging app called ZenChat, which allows users to send encrypted messages and files.
5. Horizen’s cryptocurrency, ZEN, has a fixed maximum supply of 21 million, similar to Bitcoin.
6. Horizen’s Proof of Work Equihash consensus mechanism was designed to be ASIC-resistant, meaning that it is intended to be mined using standard consumer hardware rather than specialized mining equipment.
7. Horizen’s sidechain technology allows developers to create their own custom blockchain solutions that can be integrated with the Horizen ecosystem, providing flexibility and customization options for building decentralized applications.
8. Horizen has partnerships with several blockchain companies and projects, including IOHK, Komodo, and Viberate.

Furthermore, Horizen has several unique features that set it apart from other blockchain platforms. Here are some of its key features:

1. Privacy-focused: Horizen is a privacy-focused blockchain platform that uses advanced cryptography and zero-knowledge proofs to protect user privacy. Additionally, transactions, communications, and data storage on Horizen’s platform is designed to be secure and anonymous.
2. Sidechains: Horizen’s platform supports sidechains, which allows developers to create their own custom blockchain solutions that can be integrated with the Horizen ecosystem. This also provides flexibility and customization options for building decentralized applications.
3. Secure nodes: Horizen’s platform features secure nodes that provide an extra layer of security and enable users to host their own applications and services on the network.
4. Treasury system: Horizen has a unique treasury system that allocates a portion of block rewards to fund development, marketing, and community initiatives. This allows the Horizen community to have a say in how the project is developed and funded.
5. Consensus mechanism: Horizen uses a consensus mechanism called Proof of Work Equihash, which is designed to be ASIC-resistant and more secure than traditional proof-of-work systems.
6. Messaging app: Horizen has developed a secure messaging app called ZenChat, which allows users to send encrypted messages and files.
7. Partnership: Horizen has established partnerships with several blockchain companies and projects, including IOHK, Komodo, and Viberate, to advance its ecosystem and bring more value to its users.

Overall, Horizen’s privacy-focused approach, sidechain technology, secure nodes, treasury system, consensus mechanism, and partnerships make it a unique and valuable blockchain platform.

WHAT ARE THE PRODUCTS OF HORIZEN

Moreover, Horizen offers a range of products and services to support its privacy-focused blockchain platform. Here are some of its main products:

• Horizen Node
  Horizen Node is a software application that allows users to run a secure node on the Horizen network. This provides an extra layer of security and enables users to host their own applications and services on the network.
• Horizen Sidechains
  Horizen Sidechains are customizable, decentralized blockchain networks that can be integrated with the Horizen ecosystem. Developers can create their own custom blockchain solutions that are interoperable with the Horizen network.
• Horizen Wallet
  The Horizen Wallet is a multi-currency wallet that supports the ZEN cryptocurrency as well as other cryptocurrencies. The wallet is designed to be user-friendly and secure.
• ZenChat
  ZenChat is a secure messaging app developed by Horizen that allows users to send encrypted messages and files. The app is designed to protect user privacy and security.
• Sphere by Horizen
  Sphere is a user-friendly platform that provides access to Horizen’s products and services. It features a simple and intuitive interface that allows users to easily navigate and interact with the Horizen ecosystem.
• Horizen Academy
  Horizen Academy is an educational platform that provides resources and training to help users learn about blockchain technology, cryptocurrency, and privacy.

HORIZEN EON IS NOW LIVE ON YUMA PUBLIC TESTNET

Horizen EON Is Now Live On Yuma Public Testnet – Horizen’s First Public EVM Is Open For Testing. The Horizen EON is ZEN’s first public proof-of-stake sidechain and a fully EVM-compatible smart contracting platform that allows developers to efficiently build and deploy dapps on Horizen, while fully benefiting from the Ethereum ecosystem.

EON (Ethereum Open Network) is opening up the Horizen ecosystem to more developers than ever before! Ethereum has the largest and most diverse public blockchain ecosystem. This makes Ethereum Virtual Machine (EVM) compatibility one of the key ingredients for other blockchains to build a successful ecosystem. This includes Horizen.

By harnessing the power of the Ethereum ecosystem, we will be able to:

• Welcome the Ethereum developer community into the Horizen ecosystem to build products
• Leverage the existing Ethereum DeFi infrastructure to fast grow the Horizen ecosystem
• Build a more interconnected ecosystem

Overall, Horizen’s products and services are designed to provide a secure and private ecosystem. It also empowers users to take control of their data and digital assets. Horizen continues to develop and expand its privacy-focused blockchain platform. Form partnerships with other companies in the blockchain space. Last but not the least, enhance its products and services to provide more value to its users.

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