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All about cryptocurrency Zen: Why Horizon is unique

In an increasingly digitized world, cryptocurrencies continue to change the way we look at privacy, security and innovation. One notable example is the cryptocurrency ZEN, a digital currency that brings zero-knowledge proof technology and decentralized applications with a focus on privacy to the forefront.

If you are wondering where and how to buy the cryptocurrency ZEN, this article is for you. Specifically, we will discuss the Abarai platform, a simple and fast solution for cryptocurrency purchases. Want to get started right now? Access Abarai and discover how easy it can be to trade ZEN!

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Ce este Horizen

Horizen was originally launched in May 2017 as ZenCash through a fork of Zclassic and is a blockchain platform that allows users to conduct private transactions, develop decentralized applications (dApps) and actively participate in platform governance. The platform’s native currency, ZEN, plays a central role in the ecosystem, providing rewards, governance participation, and network usage.

Who are the founders of Horizen?

The founders of Horizen are Rob Viglione and Rolf Versluis, two blockchain technology enthusiasts, both with extensive experience in the field.

  • Rob Viglione, co-founder and CEO of Horizen Labs, has a strong background in physics, statistics and economics. He has dedicated his work to creating scalable and secure blockchain networks that enable valid decentralized transactions where transaction details (such as amounts and parties involved) are hidden.
  • Rolf Versluis, co-founder of Horizen, is a former U.S. Navy officer and engineer with a strong background in security and infrastructure.

Horizen runs on its own blockchain and uses a sidechain architecture. This architecture allows developers to create secure blockchains, both private and public, and connect them to the main Horizen blockchain.

Key features:

  • Privacy: The main focus is on protecting users’ privacy.
  • Scalability: The lateral node architecture allows the network to scale and handle a high volume of transactions.
  • Security: The hybrid consensus algorithm and distributed node network ensure a high level of security.

Below are some of the most important features and technologies behind the Horizen blockchain:

Zero-Knowledge Technology

Zero-knowledge technology is one of the most advanced innovations in blockchain. It allows you to verify a fact (e.g. identity or ownership of money) without publishing unnecessary details. By using this technology, Horizen provides an increased level of privacy for users, allowing them to control what information can be disclosed.

Practical example: An app created on Horizen could check someone’s eligibility for a loan without accessing their full credit history.

Privacy-oriented applications

Horizen gives developers all the tools they need to create apps that protect user privacy. Whether we’re talking about financial, logistics or health-related applications, this is a platform built for a more secure and private future.

Interoperability and Scalability through Lateral Nodes

Horizen uses an innovative architecture that enables seamless interoperability between all private or public blockchains created in its network. Each side node can operate independently with its own rules and tokens, but remains connected to the main Horizen blockchain.

Using Horizen: Increased privacy and security

The Horizen team is made up of professionals with solid expertise in blockchain technology, cryptography and software development, and the Horizen platform has been designed with the following applications in mind:

2Private Transactions

One of the most important benefits of using Horizen is the option to trade privately. Thanks to the zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Non-Interactive Argument of Knowledge) technology, the identity and balances of users are completely protected.

What does Horizon provide through private transactions?

  • Protection of the identity of transfer participants
  • Anyone can use Horizen to make anonymous transactions without the risk of being monitored.

How it works:

  • Transactions can be made using a public address or a private Z address.
  • The balances in address Z are visible only to the owner.
  • It’s all backed by Horizen’s advanced encryption.

Example: If you send ZEN to a friend using the private transaction option, neither the amount nor your identity will be visible on the blockchain. The security and confidentiality of the transfer is thus guaranteed.

Decentralized Applications (dApps)

On the Horizen platform, developers can create their own dApps that benefit from the speed, privacy and security of the network.

What are decentralized applications?

Decentralized applications (dApps) are software that run on a blockchain in order to provide solutions that do not require the intervention of a central authority.

With Horizen, developers benefit from:

  • Extended security thanks to sidechains.
  • Built-in privacy thanks to zk-SNARKs.
  • Increased scalability for more complex projects.

Usage examples for dApps on Horizen:

  • Decentralized news platforms: No censorship, allows free publication of information.
  • Anonymous markets: Traders can make secure trades anonymously.
  • Electronic voting solutions: Confidential and secure.

Governance

Horizen blockchain governance is based on active community participation. ZEN holders have the opportunity to:

  • Vote on proposals for project development and direction.
  • Influence future platform priorities.
  • Part of a global community dedicated to blockchain innovation.

How does governance work?

By owning ZEN, you can:

1. Discover active proposals in the ecosystem.

2. Vote on proposals with major impact.

3. Get involved in debates that decide the future of the project.

Node Reward

The Horizen network is built on secure nodes and their operators are rewarded for their contribution. Nodes are an essential part of the network, guaranteeing the integrity and performance of the entire blockchain.

What are nodes?

Nodes are computers that connect and validate transactions in a blockchain. Horizen includes:

  • Security Nodes: Maintain network stability.
  • Super secure nodes: Add an extra layer of security.

In addition, side nodes help increase the scalability of the Horizen network. By distributing the processing tasks across multiple blockchains, congestion on the main blockchain is reduced, allowing a higher volume of transactions to be handled. Node operators receive ZEN cryptocurrency rewards for their work.

How can you become a node operator?

1. Set up a node with appropriate specifications.

2. Connect to the Horizen network.

3. Start getting monthly rewards.

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Totul despre criptomoneda ZEN

At the center of the Horizen ecosystem is the cryptocurrency ZEN, which plays a key role in the platform.

Here’s what you should know about the cryptocurrency ZEN

ZEN cryptocurrency’s role in the ecosystem

Cryptocurrency ZEN is the native currency of the Horizen platform. It is used to fuel transactions but also to support the entire ecosystem.

Fair launch

ZEN was one of the first cryptocurrencies with a fair launch, meaning it did not involve processes such as ICOs (Initial Coin Offerings) or pre-mining. This adds an extra level of credibility and transparency.

Limited number of coins

Like Bitcoin, the cryptocurrency ZEN has a fixed supply of 21 million tokens. This cap helps maintain its long-term value, giving investors greater financial security.

According to available data:

  • The all-time high (ATH) price of the cryptocurrency ZEN was 168.07 USD on May 8, 2021.
  • The all-time low (ATL) price of the cryptocurrency ZEN was USD 3.09 on July 31, 2017.

Today, March 5, 2025, the cryptocurrency ZEN is worth approximately 11.26 USD.

 

cryptocurrency zen price chart
Grafic de pret ZEN, 1 Y – Sursa CoinGeko

Cryptocurrency ZEN – Price analysis for February 2025

Analyzing the price development of Horizen (ZEN) during February 2025, we can observe a clear downward trend. Comparing the opening, high, low and closing values of the price, as well as the trading volume and market capitalization, a picture of a period of decline emerges.

Price cuts:

  • The opening price of the ZEN cryptocurrency dropped considerably, from USD 17.11 at the beginning of the month to USD 13.57 at the end of the month, marking a decrease of about 20.71%.
  • The highs reached by the cryptocurrency ZEN followed the same trend, dropping from USD 17.48 to USD 13.85, a fall of 20.78%.
  • Even the minimum prices saw a decline, albeit more moderate, from $13.61 to $12.45, a reduction of 8.53%.
  • The closing price dropped from USD 14.19 to USD 12.56, indicating a fall of 11.45%.

Trading volume and market capitalization:

  • Trading volume saw a dramatic decrease from USD 30.17 million to USD 16.53 million, representing a 45.22% reduction. This significant drop suggests a diminished investor interest.
  • The market capitalization of the ZEN cryptocurrency also fell from USD 224.8 million to USD 199.67 million, a decrease of 11.18%.

In conclusion, data analysis indicates a clear downward trend in February 2025. Declining trading volume and market capitalization support this observation, suggesting a withdrawal of investor interest.

Why is Horizen a unique project?

The Horizen Blockchain stands out for its innovative features, which make it a unique project in the field:

Sidechains – Collaboration and efficiency

The sidechain idea was originally proposed in 2014 in a paper called “Enabling Blockchain Innovations with Pegged Sidechains”. This paper explored the possibility of creating separate blockchains that would be connected to a main blockchain, enabling the transfer of assets between them.

The uniqueness of Horizen lies in the way it has implemented the concept of sidechain, being among the first blockchains to implement this concept in a practical and scalable way.

What are the benefits of using sidechains?

  • Enables scalability, so applications can run without loading the main blockchain.
  • Increase data security by separating individual transactions and applications.
  • High flexibility – developers can customize each sidechain according to their needs.

Security and privacy

Horizen stands out by placing enormous emphasis on privacy and security. As we have seen, it uses advanced technology (zk-SNARKs) to allow verification of transactions without revealing sensitive information.

Why does it matter?

  • Transactions are protected from unauthorized access.
  • User data remains anonymous, respecting your privacy.

Node Rewards Program

Horizen manages one of the largest networks of full nodes in the blockchain ecosystem.It rewards not only nodes that process transactions, but also nodes that provide a high level of security and stability to the network.

Nodes are essential for validation and security operations. As an incentive, participants who operate nodes receive rewards in the form of ZENs, which helps to increase network involvement.

Scalability for commercial projects

Horizen is one of the most popular platforms for companies that want to develop decentralized applications, as its blockchain can host complex projects such as:

  • Play-to-earn games.
  • Secure data analytics platforms.
  • Scalable financial applications.

Why is so special Abarai to buy cryptocurrency ZEN?

The cryptocurrency ZEN, associated with the Horizen blockchain, can be purchased through the Abarai platform using the swap function. The Abarai platform is at the top of investors’ preferences because it offers the possibility of fast and secure transactions.

Why users choose Abarai:

  • No need to create an account or register – just provide your billing details
  • Fast transactions – Most transactions are completed in less than 5 minutes.
  • Various payment methods – You can use credit/debit cards, Revolut Pay, bank transfers and more.
  • You are in control of your funds – The control of your money is 100% yours, as Abarai is a non-custodial exchange platform.
  • No hidden fees – All costs are transparently displayed before any transaction is made.
  • Global availability – Services are available to users in over 180 countries, including Romania.

These benefits make the Abarai platform an excellent alternative to other platforms that require lengthy and cumbersome procedures.

Step by step guide – How to buy the cryptocurrency ZEN on Abarai via swap

One of the most attractive features of the Abarai platform is the swap function, which allows you to exchange cryptocurrencies quickly and hassle-free. Follow these simple steps to purchase ZEN cryptocurrency:

1. Visit the Abarai website

Log in to the official Abarai platform using your favorite device (PC, tablet or smartphone).

2. Select the “Swap” function

From the main menu, go to the cryptocurrency swap section.

3. Choose source cryptocurrency and ZEN for purchase

  • In the “From” field, enter the cryptocurrency you want to exchange (e.g. Bitcoin or Ethereum).
  • In the ‘To’ field select the cryptocurrency ZEN.

4. Enter the swap amount

Specify the exact amount you wish to exchange. Abarai will instantly display the ZEN rate and value you will receive.

5. Fill in your ZEN wallet details

To complete the transaction enter the address of your ZEN wallet where you wish to receive the cryptocurrency.

6. Confirm and finalize the transaction

Check the transaction details, use the desired payment method and confirm the transaction. Within minutes, the ZEN cryptocurrency will be in your wallet.

How does Abarai compare to other ZEN buying platforms?

Unlike other cryptocurrency exchange platforms, Abarai stands out:

  • Remove account creation requirements for amounts less than 5000 RON.
  • Faster transfer processing compared to other traditional platforms, where transfers can take up to several hours.
  • Multiple payment options, including Apple Pay and Google Pay.

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