sidechain: News of Horizen (ZEN) - July 2024 Price Update - 7.61% Breakout Crypto News and Analysis

Explore the Core.

Horizen is known for its expertise in zero-knowledge-based blockchain technology. The Horizen team has made several advancements in the cryptography space, including the release of one of the first zero-knowledge-based scalability solutions called Zendoo. Their blockchain network provides a unique sidechain solution that allows developers to build their own scalable blockchains with the ability to support tens of thousands of transactions per second while maintaining true decentralization across tens of thousands of nodes. Horizen also features Zendoo, a sidechain system that enables the deployment of thousands of independent sidechains that communicate with the mainchain and each other. Horizen has expanded its ecosystem with the release of Horizen EON, an EVM compatible smart contracting platform with lots of integrations in the DeFi, RWA, and NFT space.

To God be the Glory

Explore the Core.

ZEN is the governance and utility token for Horizen, 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.

Trade hard. Joy is coming

Explore the Core.

Horizen is known for its expertise in zero-knowledge-based blockchain technology. The Horizen team has made several advancements in the cryptography space, including the release of one of the first zero-knowledge-based scalability solutions called Zendoo. Their blockchain network provides a unique sidechain solution that allows developers to build their own scalable blockchains with the ability to support tens of thousands of transactions per second while maintaining true decentralization across tens of thousands of nodes. Horizen also features Zendoo, a sidechain system that enables the deployment of thousands of independent sidechains that communicate with the mainchain and each other. Horizen has expanded its ecosystem with the release of Horizen EON, an EVM compatible smart contracting platform with lots of integrations in the DeFi, RWA, and NFT space.

Student

Explore the Core.

ZEN is the governance and utility token for Horizen, 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.

Student

Explore the Core.

ZEN is the governance and utility token for Horizen, 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. Since going live with Horizen EON, DeFi projects including SpookySwap, Ascent Exchange, and Yuzu have successfully integrated into the Horizen ecosystem.

Explore the Core.

ZEN is the governance and utility token for Horizen, 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

Football coach and sports analyst

Explore the Core.

Horizen aims to build a Proof-of-Work cryptocurrency, with a Proof-of-Stake sidechain platform enabling fully customizable decentralized applications. The system has a Bitcoin-like blockchain at the core, with Equihash Proof of Work featuring a delayed block penalty algorithm for additional security.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.