Horizen Crypto Price Prediction, Value and Chart (ZEN)

Horizen (ZEN) Frequently Asked Questions

What is Horizen?

Horizen is an inclusive ecosystem where everyone is empowered and rewarded for their contributions. Horizen’s massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains utilizing the largest node network in the industry. Horizen’s Sidechain SDK provides all necessary components for easy and fast deployment of a fully customizable blockchain. Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on exchanges including Bittrex, Binance, and Changelly. ZEN is integrated on major wallets including Horizen's flagship app, Sphere by Horizen, a multifunctional wallet that serves as an interface with most Horizen products and services. Zendoo - Horizen’s revolutionary sidechain and scaling solution.The Zendoo sidechain platform enables businesses and developers to affordably and quickly create real-world blockchain applications on Horizen’s fully distributed, secure, and privacy-preserving architecture.Zendoo extends the Horizen network from a cryptocurrency to a privacy-preserving platform that scales for commercial applications. Zendoo is designed to be completely decentralized without the need to rely on pre-defined trusted parties - it solves the biggest problems in applying blockchain solutions to real-world use cases: Scalability and Flexibility, Decentralization, Privacy and Auditability. ZenNodes - Horizen has the largest node networks in the industry with a multi-tiered node system. Horizen’s massive and geographically dispersed node network improves the scalability, reliability, security and speed of the network. Horizen’s node infrastructure supports the public main blockchain as well as a large number of sidechains. Each node is rewarded for supporting the network. All Horizen Node Operators receive 10% of the block reward. Mining ZEN - ZEN is a proof-of-work, equihash-based cryptocurrency and is available to mine.   We use the APIs from https://explorer.horizen.io/ and https://zen.tokenview.com to present the updated values from the table above (Description provided by CryptoCompare)

How do I buy Horizen?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Horizen.

What do investment analysts think about Horizen?

Weiss Research, an investment research firm that rates cryptocurrencies, has given Horizen an overall rating of "C-", a technology and adoption rating of "C-", and a market performance rating of "B-".

Where can I get Horizen wallet?

Horizen produces its own wallet software that is available for download on its website, which allows you to store Horizen on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Horizen?

One Horizen (ZEN) is currently worth $21.28 on major cryptocurrency exchanges. You can also exchange one Horizen for 0.00086110 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Horizen in U.S. dollars is $270.44 million.

What hashing algorithm does Horizen use?

Horizen is a proof of work (PoW) coin that uses the Equihash algorithm.

How do I mine Horizen?

Horizen can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Horizen and access to a mining pool that pools your effort with other miners and a wallet to store the Horizen that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What coins are similar to Horizen?

The following coins use Horizen's Equihash algorithm and proof of work (PoW) proof-type: Zcash, Bitcoin Gold, Pirate Chain, Alchemy Pay, Bitcoin Private, BitcoinZ, Hush, ZClassic, Bit Hotel, Zero, VoteCoin, Battle Saga, V-Dimension, Evodefi and Bitlocus.

What is the Reddit page for Horizen?

The official Reddit community (subreddit) for Horizen is r/Horizen/.