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Horizen

ZEN

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About Horizen

Horizen is a distributed blockchain platform enabling truly decentralized applications. The system is composed of the main Horizen blockchain and its tradable ZEN token, a core protocol that behaves as a simple ”truth engine”, and decoupled sidechains that are fully generalizable in consensus and any other design characteristics.

Horizen (ZEN) is a blockchain network that utilizes zero-knowledge cryptography to provide a platform for the development of decentralized applications. It is powered by an extensive node infrastructure and employs the Zendoo protocol to enable blockchain interoperability. The network has the capacity to support up to 10,000 sidechains with a throughput limit of 10,000,000 transactions per second (TPS). Horizen's native digital asset, ZEN, is a mineable Proof-of-Work (PoW) coin that can be staked to participate in the network's extensive node system. The network seeks to provide a permissionless environment where developers can deploy their blockchains using a variety of Software Development Kits (SDKs).

Horizen operates through a network of blockchains powered by the Zendoo protocol, which employs SNARK-verification to enable blockchain interoperability. This allows for flexibility in sidechain type, consensus, and speed. The network has the capacity to support up to 10,000 sidechains, each capable of running up to 1,000 TPS. Developers can deploy their blockchains within the ecosystem using SDKs like Blaze and Latus, which are based on IOHK's Ouroboros proof-of-stake protocol. Horizen's native digital asset, ZEN, can be staked to participate in the network's node system, contributing to the network's decentralization.

Horizen strives to provide a platform for the development of decentralized applications. Its zero-knowledge-enabled network of blockchains allows developers to build scalable blockchains that can support tens of thousands of transactions per second while maintaining decentralization. Additionally, Horizen's sidechain solution, Zendoo, enables the deployment of thousands of independent sidechains that can communicate with the mainchain and each other, expanding the potential use cases for the network.

Horizen was established by Rob Viglione and Rolf Versluis. Rob Viglione, who holds a Ph.D. in Finance and has worked as a scientist in the space industry, is the co-founder and CEO of Horizen Labs and the team lead of the Zen Blockchain Foundation. Rolf Versluis, an experienced business owner in the IT industry and a former officer in the US Submarine force, is the co-founder and executive advisor of the Zen Blockchain Foundation. Jane Lippencott, a member of the founding team and co-author of the original whitepaper, is now a partner at a16z Crypto. Horizen is recognized for its expertise in zero-knowledge-based blockchain technology and has made several advancements in the cryptography space.

Market

France Market Stats

Market cap

€131.2M

Volume (24h)

€7.7M

Circulating supply

15.0M ZEN

Typical hold time

16 days

Popularity

#379

All time high

€154.97

France Market performance

Price change (1h)

+1.42%

Price change (1d)

+1.39%

Price change (1w)

+9.29%

Price change (2w)

+2.68%

Price change (1m)

+2.96%

Price change (1y)

+13.44%

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Coinbase Bytes

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Horizen is on the rise this week.

The price of Horizen has increased by 1.42% in the last hour and increased by 1.39% in the past 24 hours. Horizen’s price has also risen by 9.29% in the past week. The current price is €8.71 per ZEN with a 24-hour trading volume of €7.74M. Currently, Horizen is valued at 94.38% below its all time high of €154.97. This all-time high was the highest price paid for Horizen since its launch.

The current circulating supply of Horizen is 15,026,281.25 ZEN which means that Horizen has as total market cap of 15,026,281.25.

FAQ

What is the current price of Horizen?

We update our Horizen to EUR currency in real-time. Get the live price of Horizen on Coinbase.

What is the market cap of Horizen?

The current market cap of Horizen is €131.21M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Horizen?

The all-time high of Horizen is €154.97. This all-time high is highest price paid for Horizen since it was launched.

What is the 24 hour trading volume of Horizen?

Over the last 24 hours, the trading volume of Horizen is €7.74M.

How many Horizen are there?

The current circulating supply of Horizen is 15 million.

What is the typical holding time of Horizen?

The median time that Coinbase customers hold Horizen before selling it or sending it to another account or address is 16 days.

What is the relative popularity of Horizen?

Horizen ranks 199 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Horizen?

Currently, 60% of Coinbase users are buying Horizen. In other words, 60% of Coinbase customers have increased their net position in Horizen over the past 24 hours through trading.

Can I buy Horizen on Coinbase?

Yes, Horizen is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Horizen guide.