Equipped with a resilient infrastructure and a range of cutting-edge products and services, Horizen empowers both individuals and businesses to fully capitalize on the immense potential of blockchain technology. In this article, we will explore the key features of the Horizen ecosystem, its unique use cases, and why you should consider buying ZEN, the native cryptocurrency of Horizen.
Understanding Horizen
Horizen, formerly known as ZenCash, is a layer-0 blockchain that enables the zero-knowledge network of blockchains that aim to build real-world use cases, decentralized applications (dApps), and various products. It was created in May 2017 by co-founders Robert Viglione and Rolf Versluis, with a vision to empower individuals and bring the world together through technology and economic incentives. Horizen is backed by a global team of developers and boasts one of the most secure interoperable blockchain ecosystems in the industry.
The Horizen Ecosystem: Secure, Decentralized, and Scalable
Privacy as the Core Feature
At the heart of the Horizen blockchain lies privacy.Horizen believes that every user should be able to access privacy-centric applications, which is why the platform is actively developing zero-knowledge enhanced solutions for smart contracts and dApp development.
Node Infrastructure: The Foundation of Security
A standout aspect of the Horizen ecosystem lies in its strong and decentralized node infrastructure. Boasting a vast network of more than 40,000 active nodes, Horizen guarantees exceptional security and resilience. Becoming a ZenNode operator not only aids in supporting the ecosystem but also presents an avenue to earn additional Horizen cryptocurrency.
Zendoo: Implementing Sidechain Technology
Zendoo, enabling the sidechain network of Horizen, is a game-changer for businesses and developers around the world. It enables the creation of custom blockchains, both private and public, with customizable data privacy on a truly scalable network. With Zendoo, developers can design their own rules for sidechains while the mainchain ensures compliance. This unique approach offers absolute scalability, flexibility, and the ability to change components whenever required.
