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Horizen ZEN |
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$8.6 |
-4.72% (24h) |
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Marketcap |
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$151,663,986 |
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Volume 24h |
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$36,693,320 |
Description
Horizen is a privacy-focused blockchain platform that leverages zero-knowledge proofs to ensure transaction confidentiality and scalability.
The platform allows for private transactions via zk-SNARKS, a cryptographic technique that ensures the security and privacy of data without revealing sensitive information.
Horizen is designed to support the creation of sidechains, enabling developers to build and deploy customized blockchains for a variety of applications.
By providing decentralized and scalable solutions, Horizen aims to become the go-to platform for privacy-sensitive applications.
In addition to its strong focus on privacy, Horizen also supports a community-governed ecosystem, where stakeholders can vote on important protocol decisions, ensuring the network remains decentralized and user-centric.