Horizen (ZEN)
Loading...
Loading...
About ZEN
Horizen (ZEN) is a decentralized, open-source cryptocurrency that empowers developers to build secure and private applications through its flexible Layer 1 platform. With a focus on zero-knowledge technology, Horizen enables both privacy and verifiable trust, making it an attractive option for developers and users seeking secure and private transactions. The platform's modular architecture and multiple proof verifiers allow for customizable and scalable applications, while its limited supply of 21 million ZEN coins maintains its value and scarcity. As a pioneer in the zero-knowledge space, Horizen is poised to revolutionize the way we think about blockchain technology, offering a unique combination of security, scalability, and innovation that sets it apart from other cryptocurrencies.
Convert Fiat to Horizen
Fact Sheet
News
Tim Draper: Bitcoin Goes to Infinity Against the Dollar—$250K BTC Is Just the Start
Tim Draper envisions a future where bitcoin dominates, fiat crumbles, and people scramble to convert dollars before they become worthless, calling BTC the ultimate global currency. Tim Draper Says Fiat Is Doomed—Bitcoin to Replace the Dollar for Everything Tim Draper,…
Republican Thomas Massie Embraces Bitcoin Amid Trump Feud Over Fiscal Clashes
U.S. Representative Thomas Massie, a Republican hailing from Kentucky, has recently disclosed that he received more than $261,000 in contributions to his campaign. This week, the staunch advocate for fiscal responsibility, currently engaged in a spirited political clash with President…
US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve
Sources disclose that U.S. Representative Byron Donalds (R-FL) plans to introduce legislation on March 14, 2025, to permanently establish President Donald Trump’s Strategic Bitcoin Reserve and Digital Asset Stockpile, aiming to shield the initiative from reversal by future administrations. U.S.…
North Korea’s Lazarus Group Moves 400 ETH to Tornado Cash Following $1.5B Bybit Hack
North Korea-linked Lazarus Group transferred 400 ETH (worth $750,000) to Tornado Cash on March 12, 2025, likely laundering proceeds from the record $1.5 billion Bybit hack, blockchain researchers report. ZachXBT: Tornado Cash Demix Exposes North Korea’s $3.1M PEPE Token Purchase…
Blackrock’s BUIDL Soars 50% in 6 Days—Tokenized Fund Now Commands $1B AUM
Six days ago, on March 8, 2025, the tokenized Blackrock USD Institutional Digital Liquidity Fund (BUIDL) held $668 million in assets under management (AUM). Since then, its AUM has soared by 50.3%, eclipsing the $1 billion threshold. From $668M to…
Frequently Asked Questions about Horizen
What is Horizen (ZEN)?
Horizen (ZEN) is a privacy-first Layer 1 EVM blockchain and platform designed to empower developers with the flexibility to build zero-knowledge (ZK) applications.
What is Horizen 2.0?
Horizen 2.0 is the next-generation Layer 1 platform optimized for ZK applications, offering enhanced privacy and scalability. It represents a transformative leap forward, optimizing the platform for ZK applications and enhancing privacy features.
What is the architecture of Horizen?
Horizen is designed to be a Substrate-based parachain, working in conjunction with the zkVerify chain. It uses the Polkadot-SDK and is composed of multiple pallets working together, including FRAME, Cumulus, Aura, and Frontier.
What is the consensus mechanism used in Horizen?
Horizen uses the Aura consensus mechanism, which is Parity's Proof-of-Authority (PoA) consensus engine. The selection of authorities is governed by a Proof-of-Stake (PoS) mechanism, and collators are rewarded with transaction fees and coinbase (newly minted ZEN).
What is the staking process in Horizen?
Horizen uses the Parachain Staking pallet, which allows users to stake their ZEN tokens to support the parachain. The staking pallet is responsible for managing the staking process, including staking, delegation, and rewards distribution.
What is the zkVerify token and its relationship with Horizen?
Horizen 2.0 is designed to work in conjunction with the zkVerify chain - the latter operating as the relay chain. zkVerify relay chain validators secure both the relay Chain and the Horizen parachain. The zkVerify token is the utility token for the zkVerify network and the governance token for the future zkVerify ecosystem. Eligible ZEN holders will be included in zkVerify's initial token supply at the launch of mainnet.
What are the benefits of using Horizen?
Horizen offers users a secure, private, and scalable blockchain platform for various use cases. Its zero-knowledge technology provides an additional layer of privacy, while its sidechains enable developers to build a wide range of applications. Horizen's decentralized nature and limited supply make it an attractive option for investors and users alike.