Mithat Can Kartlaşmış 
Horizen (ZEN) is a blockchain ecosystem that targets to build a Proof-of-Work (PoW) cryptocurrency with a Proof-of-Stake (PoS) sidechain platform. Also, Horizen has a main blockchain and a sidechain. Therefore, Horizen can contribute developers to making customized blockchains and dApps.
You might like: Curve Finance (CRV) was exploited. Hackers stole over $47M.
What are the purposes of Horizen (ZEN)?
Horizen is used as a decentralized payment method in the blockchain. Thus, users can purchase products or services. Horizen which aims at data integrity and security enables developers to build their blockchain because of special sidechain technology (Zendoo). Moreover, four main features that Horizen has are as below:
- Private: Horizen has been created with zk-SNARKs for high privacy.
- Security: The team guarantees that Horizen is defended against 51% of hacking because it has features such as end-to-end encryption and Consensus.
- Reliable: The project strongly supports that Horizen has the biggest and most decentralized multi-tiered node infrastructure. Thus, it is clear ZEN is reliable.
- Scalability: ZEN created by Zendoo technology is also completely customizable and interoperable with blockchain.
The founders and Partners of Horizen
Robert Viglione, the CEO of Horizen Labs, is also the founder of Zen Blockchain Foundation. Furthermore, Rolf Versluis, the former of Cisco, is the founder and advisor of Zen Blockchain Foundation.
Partners
Horizen has many partnerships with large companies. For example, some of them are Binance, BitMax, OKEx, Bitfinex, Bittrex, Huobi, and ShapeShift.
Token distribution
Horizen (ZEN) has a maximum supply of 21,000,000 tokens and the circulating supply is 13,959,375 ZEN according to data on Coinmarketcap. Also, token distribution is as below:
- Public sale: 25.00%
- Seed Sale: 6.00%
- Private Sale: 15.00%
- Team: 5.00%
- Advisors: 2.00%
- Ecosystem Development: 33.00%
- Community Growth: 10.00%
Roadmap
The team Horizen has many plans to be done in 2023 according to Roadmap. These are:
- Make security higher
- Develop protocol utility and durability
- Increase product usage
- Expand project awareness
- Increase market liquidity/access points
Which exchanges we can buy ZEN?
ZEN token is current on Binance, Coinbase, Kucoin, and Gate.io. Also, you can buy it from those exchanges If you want.
You can type your opinions in the comments. Follow us on Telegram and YouTube for this kind of news.