Horizen (ZEN)

Horizen is a zero-knowledge-enabled network of blockchains.

Horizen is a Zcash fork that uses TLS encryption for secure inter-node communication. Z-addresses (shielded addresses) can be used for completely private and anonymous transactions.

Horizen nodes are of 3 types:

  1. Regular full nodes have a full copy of blockchain network transactions & data.
  2. Secure Nodes are regular full nodes with special encryption, which secures communication between nodes.
  3. Super Nodes are powerful Secure Nodes that host Horizen sidechains.

The Cross-Chain Transfer Protocol (CCTP) enables ZEN tokens to be transferred between the Horizen mainchain and the individual sidechains.

The Horizen mainchain uses proof-of-work (POW) to maintain consensus while the sidechains use proof-of-stake (POS).

This is how new ZEN tokens are distributed:

  • Miners: 60%
  • Secure Node Operators: 10%
  • Super Node Operators: 10%
  • Horizen DAO: 20%

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