ZENHorizen (ZEN) Price

1. Project introduction

Horizen is a zero-knowledge-enabled network of blockchains powered by the largest node infrastructure in the industry. Blockchain interoperability is enabled by the Zendoo protocol, which uses SNARK-verification and allows for complete flexibility in sidechain type, consensus, and speed.

Cryptographic verification of networked chains offers massive scale, and the network currently supports up to 10,000 sidechains with a throughput limit of 10,000,000 TPS.

Zendoo makes Horizen a permissionless network of blockchains. Developers can deploy their blockchains within the ecosystem using a variety of SDKs. In 2023, the ecosystem team launched Horizen EON, a public proof-of-stake sidechain and an EVM-compatible smart contracting platform that allows developers to efficiently build and deploy dapps on the Horizen ecosystem while benefiting from the Ethereum ecosystem.

Horizen's native cryptocurrency, ZEN, is a mineable PoW coin that can be staked to participate in Horizen's nearly 50,000 full node network. While ZEN was previously a privacy token, following ZenIP 42204 in June of 2023, the network removed its existing privacy features in favor of moving towards a vision of adaptability and responsible, scalable growth.

2. Team introduction

Co-founder, CEO: Robert Viglione

Linkedin: https://www.linkedin.cn/incareer/in/robert-viglione-2780634/

Co-founder: Rolf Versluis

Linkedin:https://www.linkedin.com/in/rolfversluis

3. Investment institution

Sound ventures, Deribit, Artist capital, Deus, Lion tree, etc.

4. Application

Total supply: 21,000,000

ZEN is used for payments, store of value, network fees and is the fuel for sidechains.