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Horizen

ZEN

Horizen

ZK Enabled Network of Blockchains

horizen

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Categories:

PoW

Layer1

Infra

Founded:

2017

Horizen is a blockchain ecosystem focused on privacy and scalability through side chains. It enables businesses and developers to create their own public or private blockchains and decentralized applications on its distributed network. The project uses a verifiable cross-chain transfer protocol called Zendoo as its sidechain solution, and features a zero-knowledge proof protocol (zk-SNARK) to ensure secure communications with the sidechains.

Horizen Team

Horizen

ZEN

Add

-6.67%

Total dollar volume24H

$81,286,036

High24H

13.92 USDT

Low24H

11.757 USDT

Market Cap

#206$221,402,179

FDV

$265,818,000

Market Cap / FDV Ratio

0.83

Turnover rate

36.71%

Circulating supply

17,491,087

Total supply

21,000,000

Max supply

21,000,000

All time high

169.23 USDT

All time high date

May 08, 2021

Down from All time high

-92.52%

Cycle low

5.4 USDT

Cycle low date

Jun 10, 2023

Up from cycle low

134.41%

Official links

Socials

Introduction

Horizen is a modular privacy-first platform designed to make privacy technology, such as zero-knowledge proofs and TEEs accessible and usable across the web. Originally launched in 2017 as a fair launch, non-ICO project, Horizen is now undergoing a major evolution with the launch of Horizen 2.0, a next-generation Layer 3 (L3) appchain deployed on Base, the Ethereum Layer 2 developed by Coinbase.

Horizen 2.0 delivers performance, privacy, and scalability for developers building privacy-enabled and compliance-friendly applications, with significantly reduced cost and latency.

At the core of the ecosystem is ZEN, the native utility token used for governance, accessing privacy services, and fueling zkApp interactions. With its migration to Base, ZEN becomes an ERC-20 token, improving liquidity, interoperability, and composability across the broader Ethereum ecosystem.

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