Overview of Horizen

  • Horizen is building a technology platform with optional privacy features that aims to enable an application-rich and inclusive ecosystem to provide people with freedom and everyday usability.Launched in May 2017, the leading-edge platform enables real-life uses beyond its cryptocurrency – ZEN, including the ability to deploy sidechains and integrate third party technologies.Horizen is built upon an end-to-end encrypted system using zero-knowledge technology, over which communications, data, or value can be securely transmitted and stored.
  • Horizen practices Responsible Privacy: although they do not support illegal activities, the creators of the project believe that everyone deserves a right to send anonymous transactions be it to your friends or family or a merchant you prefer to hide from your regular bank statement. 
  • Horizen has a market cap of $ 1,310,362,972, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 1,015,168,858,198, Litecoin at $ 17,536,600,054, Ethereum at $ 319,195,431,222, Tether at $ 50,943,345,688, and XRP at $ 70,691,266,758.
  • Horizen’s partnership with StakeHound will enable users to participate in the burgeoning Ethereum-based DeFi ecosystem, while earning Horizen node staking rewards using stakedZEN (stZEN) — an ERC20 token issued by StakeHound as a 1-to-1 representation of a staked ZEN.
  • 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.
  • Horizen cooperates with many crypto payment providers and constantly adds new ones to achieve mass adoption.The system is based on the end-to-end zero-knowledge encryption and zk-SNARK, which helps transmit and store messages, data or funds securely.
  • Horizen claims to be completely decentralized, fully customizable with privacy features and supports low costs associated with building blockchains with configurable revenue models and unlimited number of tokens and digital assets.
  • Horizen isn’t your typical privacy coin – instead of catering to privacy advocates like Edward Snowden, they provide a full suite of secure and private tools for use by the institutions he despises.
  • Horizen attempts to enhance original Nakamoto Consensus by incorporating a penalty system for delayed block submission to make it much costlier to execute a successful 51% attack.
  • Horizen Director of Business Development Rowan Stone said, “Netcoins is a global network and its extensive reach makes it easier for consumers around the world to purchase ZEN.
  • Blockchain

    We use the APIs from https://explorer.horizen.io/ and https://zen.tokenview.com to present the updated values from the table above (Description provided by CryptoCompare)Zendoo – Horizen’s revolutionary sidechain and scaling solution.The Zendoo sidechain platform enables businesses and developers to affordably and quickly create real-world blockchain applications on Horizen’s fully distributed, secure, and privacy-preserving architecture.Zendoo extends the Horizen network from a cryptocurrency to a privacy-preserving platform that scales for commercial applications.


    The platform allows people and companies around the world to make daily transactions, exchange messages, release decentralized applications and publish them.Horizen has its own cryptocurrency, ZEN.



    a secret key, without revealing that information, and without any interaction between the prover and verifier.In order to have zero-knowledge privacy in Horizen, the function determining the validity of a transaction according to the network’s consensus rules must return the answer of whether the transaction is valid or not, without revealing any of the information it performed the calculations on.This is done by encoding some of the network’s consensus rules in zk-SNARKs (zero-knowledge succinct non-interactive arguments of knowledge).Zk-SNARKs are specific zero-knowledge proofs whereby one can prove possession of certain information, e.g.


    The benefit of adding ZK snark cryptography to Horizen’s blockchain protocol is that it supports “shielded transactions.” This means that it is possible to send Zen from User A to User B without disclosing the sender, recipient or transaction amount to the world.


    Horizen uses a Proof-of-Work (PoW) consensus mechanism to establish the chain of blocks with the most accumulated “work” (a.k.a., energy spent on solved hashes) as the valid chain.Mining nodes work to empty the mempool usually in a highest-to-lowest fee order by picking transactions to include in the next block and racing against each other to generate a hash less than the target number set by Horizen’s difficulty adjustment algorithm.Other network peers can cheaply verify the chain’s work.

    Are the ROI stats on your website accurate?

    For the time being, we are updating the stats manually on a daily basis; however, we will automate the process very soon.

    Can't access Sphere on a new computer?

    So I'm witnessing something fairly interesting here.I recently changed computers and now my account login for Sphere doesn't work.The error message I get is "wrong vault name or password", but I know it's correct because its what worked flawlessly on my other computer and nothing has changed except a new computer.

    Do I have to deposit a funding amount?

    No, we don't ask for a deposit.We only need your public address.

    Do I have to keep my wallet open in order to run a Secure Node?

    No, you don't have to keep your wallet open.Once you have created your Horizen Sphere account and your wallet and transferred the collateral of 42 ZEN to it, you can close your wallet.We make sure your Secure Node is running smoothly 24/7.

    Do I need any technical knowledge to set up a Secure Node?

    No, you don't need any technical know-how, nor any kind of hardware.In fact, that is why Blockwunder started in the first place.We make setting up and running Secure Nodes as convenient and easy as possible.

    Do you help with bulk orders?

    Yes, reach out to us via support@blockwunder.io or Telegram and we will help you automate the process.

    Do you offer shared Masternodes or Staking service?

    Not yet.We want to keep risk exposure as low as possible; therefore, we will offer shared Masternodes after we have developed a secure solution.

    Do you offer support?

    If you have any questions, you can reach us via our live support tab in the bottom right corner, via email at support@blockwunder.io or join our Telegram channel.

    Do you take care of Secure Node updates?

    Yes, your masternode will be automatically updated to the latest version.

    Horizen Zen Crypto: What’s the Catch?

    ZEN is a native currency of the Horizen ecosystem with a total supply of 21 million.One of its key features is optional privacy that offers extended anonymity to those who find this important.There are two available types of addresses for ZEN – T-Addresses for regular transactions and Z-Addresses for shielded private ones.

    How are ZEN tokens produced?

    The Horizen network combines proof-of-work (POW) with proof-of-stake (POS) so new tokens are rewarded to both miners doing POW and validators doing POS.Essentially, the Horizen mainchain uses POW to maintain consensus while the sidechains use POS.

    How can I contact you?

    If you have any questions, you can reach us via contact@blockwunder.io or join our Telegram channel.

    How do I buy Horizen?

    It is not possible to buy all cryptocurrencies with U.S.dollars.Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S.dollars using Coinbase or BlockFi.Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Horizen.

    How do I mine Horizen?

    Horizen can be mined using specialized mining software.XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards.CCMiner is another popular mining tool for computers with NVIDIA graphics cards.In addition to having mining software, you will need a Horizen and access to a mining pool that pools your effort with other miners and a wallet to store the Horizen that you earn from mining.Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

    How do I pay?

    You can pay with top tier crypto currencies or PayPal.

    How do I set up the Horizen Sphere wallet?

    We made a step by step tutorial on how to set up a Sphere wallet.Click on the following link to get redirected.

    How frequently do I get paid for running a Secure Node?

    The reward distribution is weekly between Tuesday and Wednesday.

    How Is the Horizen Network Secured?

    ZEN uses the Equihash consensus algorithm.As such, Horizen can support ASIC mining.

    How Many Horizen (ZEN) Coins Are There in Circulation?

    Horizen has a large network with a multi-tiered node system.The operators receive 20% of the total block subsidy, and the dispersed node network provides a large infrastructure to operate an ecosystem of both applications and sidechains.

    How much does it cost to run a Secure Node?

    Blockwunder's service costs you only 7.5% of your monthly generated reward or at least $2.80.No hidden costs guaranteed.

    How much ZEN do I need to run a Secure Node?

    You need 42 ZEN as collateral to run a Secure Node.

    How to buy Horizen on SimpleSwap?

    Let’s say you want to buy the coin of Horizen.

    Is Horizen Labs a good company to work for?


    Is my personal data safe?

    We don't collect any customer-related data.Our service is completely anonymous.

    What can you do with ZEN?

    The core crypto asset of the Horizen blockchain is ZEN with all of its privacy-focused features.There are two types of ZEN addresses: T-Addresses and Z-Addresses.T-Addresses are regular addresses similar to Bitcoin where anyone can see all of an account’s transaction history.Z-Addresses are where zero-knowledge proofs come in.If two Z-Addresses transact with each other the transactions remain private, anonymous, and completely hidden.

    What coins are similar to Horizen?

    The following coins use Horizen’s Equihash algorithm and proof of work (PoW) proof-type: Zcash, Bitcoin Gold, Pirate Chain, BitcoinZ, Alchemy Pay, Bitcoin Private, ZClassic, Zero, Hush, Bitcoin Interest, VoteCoin, V-Dimension and CrypticCoin.

    What do investment analysts think about Horizen?

    Weiss Research, an investment research firm that rates cryptocurrencies, has given Horizen an overall rating of “C-“, a technology and adoption rating of “C-“, and a market performance rating of “B-“.

    What do you need in order to start my Secure Node?

    All we need is your public address where you hold at least 42 ZEN and your email address.

    What else is different?

    Horizen has evolved a great deal since its days as ZenCash.The team is now focused on developing sidechain technology to allow anyone to develop dapps linked to the Horizen mainchain.

    What happens if my Secure Node crashes?

    If your Secure Node should crash, we will immediately get notified and take care of it.

    What hashing algorithm does Horizen use?

    Horizen is a proof of work (PoW) coin that uses the Equihash algorithm.

    What is a Secure Node?

    A Secure Node is part of the Horizen node infrastructure and has multiple functions setting it apart from regular nodes by other blockchains.The Secure Node works in combination with Horizen's Super Node.

    What Is Horizen (formally zencash)?

    Horizen is a platform focused on optional privacy (zk-SNARKs), finance, and a decentralized governance model (DAO) that envisions to “bring privacy to life“ for everyone.The founders Rob Viglione and Rolf Versluis' mission is to build “governance, economics, treasury, and privacy on a network level.“?Horizen forked of Zclassic, which is a fork of Zcash, while Zcash was originally forked of Bitcoin (therefore supply cap of 21 million ZEN).The Horizen network covers the essential aspects of the digitized world: ZenChat (a private messenger), ZenPub (an anonymous publishing platform), ZenHide (TOR-like endpoint masking), and economical sovereignty with ZEN, the native cryptocurrency coin used by the Horizen network.

    What Is Horizen (ZEN)?

    Horizen is an interoperable blockchain system, supported by a decentralized node infrastructure.Its sidechain platform focuses on scalable data privacy, and as such enables businesses as well as developers to build private or public blockchains using the unique sidechain technology known as Zendoo.

    What Is Horizen Network?

    Horizen (formerly called ZenCash) is a privacy-focused, zk-SNARKs based blockchain platform that forked from Zclassic, itself a Zcash fork.The Horizen network includes a decentralized autonomous organization (DAO), ZenChat (a private messenger), ZenPub (an anonymous publishing platform), and ZenHide (TOR-like endpoint masking).ZEN is the native cryptocurrency coin used by the Horizen network.

    What is Horizen?

    Horizen is a privacy focused blockchain that is a fork of ZClassic which was itself a fork of Zcash.As such it is one of the privacy coins that makes use of Zcash’s ZK-snark technology.This highly advance privacy technology makes use of Zero Knowledge Proofs.

    What is Horizen?

    Horizen is a platform with the latest privacy technology and a self-sustaining funding model with protocol-level solutions.

    What is Horizen?

    The core feature of the Horizen blockchain is privacy.Since its launch as ZenCash, the network has used zero-knowledge proofs to make its ZEN currency untraceable and unwatchable between its privacy-conscious users.It also believes any interaction between users should be private.So the company is building privacy solutions for smart contracts–with the intent of being a decentralized platform for private messaging, publishing, and decentralized application (dapp) development.

    What is Horizen?

    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 utilizing 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.Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on exchanges including Bittrex, Binance, and Changelly.ZEN is integrated on major wallets including Horizen's flagship app, Sphere by Horizen, a multifunctional wallet that serves as an interface with most Horizen products and services.Zendoo – Horizen’s revolutionary sidechain and scaling solution.The Zendoo sidechain platform enables businesses and developers to affordably and quickly create real-world blockchain applications on Horizen’s fully distributed, secure, and privacy-preserving architecture.Zendoo extends the Horizen network from a cryptocurrency to a privacy-preserving platform that scales for commercial applications.Zendoo is designed to be completely decentralized without the need to rely on pre-defined trusted parties – it solves the biggest problems in applying blockchain solutions to real-world use cases: Scalability and Flexibility, Decentralization, Privacy and Auditability.ZenNodes – Horizen has the largest node networks in the industry with a multi-tiered node system.Horizen’s massive and geographically dispersed node network improves the scalability, reliability, security and speed of the network.Horizen’s node infrastructure supports the public main blockchain as well as a large number of sidechains.Each node is rewarded for supporting the network.All Horizen Node Operators receive 10% of the block reward.Mining ZEN – ZEN is a proof-of-work, equihash-based cryptocurrency and is available to mine.We use the APIs from https://explorer.horizen.io/ and https://zen.tokenview.

    What is Horizen?

    Horizen is an interoperable blockchain network designed by a global team of developers for the purpose of building real-world use-cases such as dApps, services, and various products.The Horizen project boasts to be one of the most secure interoperable blockchain ecosystems out there.

    What is Horizen?

    Horizen is a platform that provides an opportunity to create public and private blockchains.The platform allows people and companies around the world to make daily transactions, exchange messages, release decentralized applications and publish them.Horizen has its own cryptocurrency, ZEN.It provides the opportunity to communicate privately and provides optional privacy with shielded transactions.Horizen cooperates with many crypto payment providers and constantly adds new ones to achieve mass adoption.The system is based on the end-to-end zero-knowledge encryption and zk-SNARK, which helps transmit and store messages, data or funds securely.ZEN uses the Equihash mining algorithm and PoW (Proof-of-Work) protocol.

    What is the function of a Secure Node?

    The Secure Node does not only secure the network and is responsible for its integrity.It is also responsible for its privacy by encrypting client-to-node and node-to-node connections.

    What is the Reddit page for Horizen?

    The official Reddit community (subreddit) for Horizen is r/Horizen/.

    What is the value of Horizen?

    One Horizen (ZEN) is currently worth $111.34 on major cryptocurrency exchanges.You can also exchange one Horizen for 0.00203696 bitcoin(s) on major exchanges.The value (or market capitalization) of all available Horizen in U.S.dollars is $1.23 billion.

    What is Horizen?

    Launched in 2017, Horizen is a customizable, decentralized sidechain protocol.The Horizen sidechain platform allows businesses and developers to quickly and affordably create blockchain applications leveraging Horizen’s fully distributed, secure architecture.It also encourages token mining and node hosting to encourage ecosystem adoption.Using the Equihash (200-9) algorithm, users can mine the Horizen token, ZEN, through a proof-of-work protocol.Users can also purchase ZEN on most crypto exchanges.Additionally, Horizen incentivizes ZEN shareholders with block rewards: sixty percent to miners, twenty percent to the treasury, and twenty percent to nodes.And users can get free ZEN every twenty hours from the Horizen Faucet, a rewards feature that makes it easy for beginners to get into cryptocurrency.Designed to overcome blockchain scalability and extensibility limitations, sidechains are a parallel platform that supplements the mainchain’s capabilities without the extra burden.Horizen’s Sidechain Protocol, zendoo, is a sidechain software developer kit that enables both public and private scalable, customizable blockchains for commercial applications.The largest incentivized node network, ZENNodes, is a multi-tiered node system where each geographically dispersed node is paid for supporting the network.Node operators get ten percent of the total block subsidy rewards.The massive node network increases the Horizen platform’s scalability, reliability, and speed.The Horizen platform is committed to creating a sustainable ecosystem through the sidechain protocol enabled developer toolkit, ZEN mining, its node network, and a growing offering of decentralized apps, products, and services, all based on a decentralized governance model.

    What Makes Horizen Unique?

    Horizen uses a sidechain architecture that can open up a myriad of potential real-world use cases.This cross-chain transfer protocol allows for decentralized sidechains.These are separate blockchains that are pegged to the parent blockchain that can run simultaneously.

    What time zone are you located in?

    We work Monday – Friday from 8 a.m.– 8 p.m.UTC+1.You can leave a message whenever you need assistance and we will reply as quickly as possible.

    What’s so special about it?

    It’s not an easy task to be a leader in the crypto world.Bitcoin has the highest market cap.Ethereum leads in active developers.Others claim to be the fastest.Horizen, however is the king of the node count.Its massive network of over 40,000 active nodes eclipses both Bitcoin and Ethereum–their closest rivals in node count.

    When do I pay?

    At the end of the month.You pay after we have delivered the promised service to you.More precisely, you receive a detailed invoice to your email address by the end of the month.The invoice provides all necessary information at a glance.If required, we provide a detailed step-by-step guide on how to pay the invoice using crypto currency.

    Where can I get Horizen wallet?

    Horizen produces its own wallet software that is available for download on its website, which allows you to store Horizen on your computer.For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X.If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

    Where did Horizen come from?

    ZenCash came to the world at the end of May 2017 (no ICO and no pre-mine).The cryptocurrency is the hard fork of ZClassic, which in its turn appeared as a result of the Zcash fork.In August 2018 ZenCash was renamed to Horizen as it was a part of the brand renovation.The founders and the team of ZEN are people from different parts of the world with diverse experience.The team is working towards opening up the Horizen platform to the world so that anyone can build privacy-based applications with the option to monetize their creations.This will allow Horizen to bring real-life services to the mass market.The team lead is Rob Viglione.

    Who Are the Founders of Horizen?

    The founders of Horizen are Robert Viglione and Rolf Versluis.

    Who Invented Horizen?

    In May 2017, co-founders Robert Viglione and Rolf Versluis launched ZenCash as a fork of ZClassic–itself a fork of Zcash.In August 2018, ZenCash rebranded itself to Horizen.

    History of Horizen

  • In 2018, Horizen experienced an attempted 51% attack.