Horizen

Horizen

Privacy and Scalability via Sidechain Technology

Launch Year
2017
Consensus
Proof of Work (Equihash)
Max Supply
21,000,000 ZEN
Block Time
~2.5 minutes
ZEN
ZEN
Horizen
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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  • 1000+ supported exchange pairs
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Horizen Price Chart

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About Horizen

Horizen (ZEN) is a privacy-focused blockchain platform that uses zk-SNARKs for shielded transactions and a unique sidechain technology called Zendoo to enable scalable, purpose-built blockchains secured by the Horizen main chain. Originally launched as ZClassic (a Bitcoin/Zcash fork), it rebranded to ZenCash and then Horizen. The platform's node system is unique: Super Nodes earn 10% of block rewards for providing network services, while Secure Nodes earn 10% for operating encrypted communications. Horizen's EVM-compatible Zendoo sidechain (EON) allows Ethereum smart contracts to run on a Horizen-secured sidechain.

History

2017
ZenCash launches as a fork of ZClassic, emphasizing privacy and communications infrastructure.
2018
ZenCash suffers a 51% attack, costing $550,000; security improvements implemented.
2019
ZenCash rebrands to Horizen; Zendoo sidechain technology whitepaper published.
2021
Horizen EON (EVM-compatible sidechain) announced and development begins.
2022
Zendoo sidechain technology launches on mainnet enabling permissionless sidechain deployment.
2023
Horizen EON mainnet launches with full Ethereum compatibility.

How to Swap ZEN

Exchanging Horizen (ZEN) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose ZEN as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending ZEN from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store ZEN

ZEN is stored in Horizen-compatible wallets. Sphere by Horizen is the official full-featured wallet supporting both transparent and shielded ZEN addresses. Cobalt (browser extension) provides lightweight access. Ledger hardware wallets support ZEN. Exodus wallet also supports ZEN. For EON (EVM sidechain), MetaMask can be configured with the EON network RPC.

Frequently Asked Questions