ZEN Horizen is a cryptocurrency that was launched in 2017. It is a privacy-focused cryptocurrency that aims to provide users with a secure and private way to transact online. ZEN Horizen is built on the Horizen blockchain, which is a fork of the Zcash blockchain. The Horizen blockchain uses a unique consensus algorithm called Equihash, which is designed to be ASIC-resistant and prevent centralization. This means that anyone with a computer can participate in the network and help secure it. One of the key features of ZEN Horizen is its privacy technology. ZEN Horizen uses a technology called zk-SNARKs, which allows users to transact anonymously. This means that transactions are not linked to any real-world identities, making it difficult for anyone to trace them. ZEN Horizen also has a feature called ZenHide, which allows users to hide their IP addresses when using the network. This provides an additional layer of privacy and security for users. Overall, ZEN Horizen is a promising cryptocurrency that offers users a secure and private way to transact online. |