All about the Zen cryptocurrency: why is Horizon a unique project

In an increasingly digitized world, cryptocurrencies continue to change how we look at confidentiality, security and innovation. A remarkable example is the Zen , a digital currency that brings to the fore the zero-knowledge proof technology and decentralized applications with emphasis on confidentiality.

If you wonder where and how you can buy the Zen cryptocurrency, this article is for you. Specifically, we will discuss the Abarai , a simple and fast solution for cryptocurrency purchases. Do you want to start right now? Access  Abarai and discover how easy it is to be trading Zen!

cryptocurrency zen
Image generated with AI

What is Horizen

Horizen was initially launched in May 2017 under the name of Zencash, through a Zclassic Fork and is a blockchain platform that allows users to carry out private transactions, develop decentralized applications (DAPPS) and actively participate in the platform governance. The native currency of the platform, Zen, plays a central role in the ecosystem, ensuring rewards, participation in governance and use in the network.

Who are Horizen founders?

The founders of Horizen are Rob Viglione and Rolf Versluis, two enthusiasts of Blockchain technology, both of which have a vast experience in the field.

  • Rob Viglione , co -founder and CEO of Horizen Labs, has a solid background in physics, statistics and economy. He has dedicated the activity of creating scalable and safe blockchain networks to allow valid decentralized transactions in which the transaction details (such as the amounts and parties involved) are hidden.
  • Rolf Versluis , a co -founder of Horizen, is a former officer in the American navy and an engineer with a solid experience in security and infrastructure.

Horizen works on his own blockchain and uses a side knots architecture (Sidechains). 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 emphasis is on protecting the private life of the users.
  • Scalability: Architecture with side knots allows the network to scalify and managing a large volume of transactions.
  • Security: The hybrid consensus algorithm and the distributed knot network ensure a high level of security.

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

Zero-Knowledge technology

Zero-Knowledge technology is one of the most advanced blockchain innovations. This system allows the verification of a fact (for example, the identity or holding of a sum of money) without publishing unnecessary details. By using this technology, Horizen offers an increased level of confidentiality for users, allowing them to control what information can be revealed.

Practical example: An application created on Horizen could verify one's eligibility for a loan without accessing its full credit history.

Privacy oriented Applications

Horizen offers developers all the necessary tools to create applications that protect the confidentiality of users. Whether we are talking about financial, logistics or health applications, this is a platform built for a safer and more private future.

Interoperability and scalability by side knots

Horizen uses an innovative architecture, which allows fluid interoperability between all private or public blockchain created on its network. Each side knot can operate independently, having its own rules and tokens, but remains connected to the main Horizen blockchain.

Horizen uses: Increased Confidentiality and Security

The Horizen team consists of professionals with solid expertise in blockchain technology, cryptography and software development, and the Horizen platform has been designed in order to facilitate the following applications:

2 private tensions

One of the most important benefits of Horizen's use is the option to perform private transactions . Thanks to the ZK-Snarks technology (zero-knowledge succinct non-interactive argument of knowledge), the identity and the users' hips are fully protected.

What does Horizon assure through private transactions?

  • Identity protection of participants in transfer
  • Anyone can use Horizen to perform anonymous transactions without the risk of being monitored.

How it works:

  • Transactions can be performed using a public address or private address Z.
  • The balances in the Z address are visible only for the owner.
  • Everything is supported by the advanced cryptography of the Horizen network.

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 are thus guaranteed.

Decentralized applications (DAPPS)

On the Horizen platform, developers can create their own DAPPS that benefit from the rapidness, confidentiality and security of the network. 

What are decentralized applications?

Decentralized applications (DAPPS) are software running 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 due to sidechain.
  • Privacy incorporated due to ZK-Snarks.
  • Increased scalability for more complex projects.

Examples of use for DAPPS on Horizen:

  • Decentralized news platforms: without censorship, allow free publication of information.
  • Anonymous markets: Traders can do secure aninime transactions.
  • Electronic voting solutions: confidential and safe.

governor

The Horizen Blockchain's governance is based on the active participation of the community. Zen holders have the opportunity to:

  • Vote proposals for the development and direction of the project.
  • Influence the future priorities of the platform.
  • It is part of a global community dedicated to the innovation of blockchain technology.

How does the governance work?

By holding Zen, you can:

1. Discover the active proposals in the ecosystem.

2. Vote the proposals with a major impact.

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

Reward nodes

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 whole blockchain.

What are the nodes?

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

  • Security nodes: Maintain network stability.
  • Super security nodes: add an additional layer of security.

In addition, the lateral nodes contribute to the increase of the scalability of the Horizen network. By distributing processing tasks between several blockchains, congestion is reduced on the main blockchain, allowing the management of a larger volume of transactions. The nodes operators receive for their work rewards in the Zen cryptocurrency. 

How can you become a knot operator?

1. Configure a node with appropriate specifications.

2. Connect to the Horizen network.

3. Start receiving monthly rewards.

cryptocurrency zen (2)
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All about the Zen cryptocurrency

In the center of the Horizen ecosystem is the Zen , which plays an essential role within the platform.

Here's what you should know about the Zen cryptocurrency

The role of Zen cryptocurrencies in the ecosystem

Cryptomoneda Zen is the native currency of the Horizen platform. It is used to feed the transactions, but also to support the whole ecosystem.

Fair launch

Zen was one of the first cryptocurrencies with a fair launch , which means he did not involve processes such as ICOs (initially Coin Offerings) or Mining Pre-Wting. This adds an additional level of credibility and transparency.

Limited number of coins

Like Bitcoin, the Zen cryptocurrency has a fixed offer of 21 million tokens. This ceiling contributes to maintaining its long -term value, giving investors greater financial safety.

According to available data:

  • The maximum historical price (ATH) of the Zen Cryptocurrency was $ 168.07, registered on May 8, 2021.
  • The minimum historical price (ATL) of the Zen Cryptocurrency was $ 3.09, registered on July 31, 2017.

Today, March 5, 2025, the Zen cryptocurrency is worth about $ 11.26.

 

cryptocurrency zen graphic price
Zen price graph, 1 y - Coingeko source

Cryptocyda Zen - Price analysis for February 2025

Analyzing the evolution of the Horizen price (Zen) during February 2025, we can see a clearly descending trend. Comparing the opening values, maximum, minimum and closing of the price, as well as the volume of trading and market capitalization, an image of a period of decline is outlined.

SCAINS PRICE:

  • The opening price of the Zen cryptocurrency decreased considerably, from $ 17.11 at the beginning of the month, to $ 13.57 at the end of it, marking a decrease of about 20.71%.
  • The maximum values ​​reached by the Zen cryptocurrency followed the same trend, lowering from $ 17.48 to $ 13.85, which represents a decrease of 20.78%.
  • Even the minimum prices recorded a decline, although more moderate, from $ 13.61 to $ 12.45, ie an 8.53%discount.
  • The closing price decreased from $ 14.19 to $ 12.56, indicating a decrease of 11.45%.

Trading volume and market capitalization:

  • The trading volume experienced a dramatic decrease, from $ 30.17 million to $ 16.53 million, representing a 45.22%reduction. This significant decrease suggests a diminished interest of investors.
  • The market capitalization of the Zen cryptocurrency has also decreased from $ 224.8 million to $ 199.67 million, which represents a decrease of 11.18%.

In conclusion, the data analysis indicates a clear price of lowering the price in February 2025. Decreased trading volume and market capitalization support this observation, suggesting a withdrawal of investors interest. 

Why is Horizen a unique project?

Blockchain Horizen is noted for his innovative characteristics, which make him a unique project in the field. Here are some of them:

Sidechaines-collaboration and efficiency

The idea of ​​Sidechain was initially proposed in 2014 in a work called "Enabling Blockchain Innovations with Pegg Sidechains . This work has explored the possibility of creating separate blockchains to be connected to a main blockchain, allowing the transfer of assets between them.

The uniqueness of Horizen is the way he implemented the concept of Sidechain, being among the first blockchains that implemented this concept in a practical and scalable way. 

What are the benefits of using sidechain?

  • Allow scalability so that applications run without loading the main blockchain.
  • Increase data security because they separate individual transactions and applications.
  • High flexibility - developers can customize each sidechain according to their needs.

Security and privacy

Horizen stands out by the fact that it puts a huge emphasis on confidentiality and security. As we have seen, he uses an advanced technology (ZK-Snarks) that allows the transactions without revealing sensitive information.

Why does it matter?

  • Transactions are protected by unauthorized access.
  • Users' data remain anonymous, respecting confidentiality.

The reward schedule for nodes

Horizen manages one of the largest nodes (Full Nodes) in the blockchain ecosystem. It rewards not only the nodes that process transactions, but also the nodes that offer a high level of security and stability to the network.

Nodes are essential for validation and security operations. As an incentive, participants operating nodes receive zen rewards, which helps increase the involvement on the network.

Scalability for commercial projects

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

  • Games in the Play-to-Earn category.
  • Platforms for analyzing secure data.
  • Scalable financial applications.

Why choose Abarai to buy Zen cryptocurrency?

The Zen cryptocurrency, associated with Blockchain Horizen, can be purchased through the Abarai , using the swap function. Abarai platform is in the first place in investors' preferences because it offers the possibility of fast and safe transactions.

Why users choose Abarai:

  • No need to take into account or register -you just need to provide billing data
  • Rapid transactions - most operations are completed in less than 5 minutes.
  • Various payment methods - you can use credit/debit cards, Revolut Pay, bank transfers and others.
  • You have control over your funds -money control is 100% in you, Abarai being a non-customs exchange platform.
  • No hidden fees - all costs are displayed transparently before any transaction.
  • Global availability - services are available for users from over 180 countries, including Romania.

These benefits make the Abarai platform an excellent alternative compared to other platforms that impose long and cumbersome procedures.

Step -by -step guide - how to buy the cryptocurrency zen on Abarai by swap

One of the most attractive elements of the Abarai platform is the SWAP function, which allows you to change cryptocurrencies quickly and without complications. Follow these simple steps to purchase the Zen cryptocurrency:

1. Access the website Abarai

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

2. Select the "Swap" function

From the main menu, access the Swap for cryptocurrencies.

3. Choose the source and zen cryptocurrency for purchase

  • In the field "from" insert the cryptocurrency you want to change (for example, bitcoin or ethereum).
  • In the field "to" select the Zen .

4. Introduce the amount for swap

Specify the exact amount you want to change. Abarai will instantly display the course and the zen value you will receive.

5. Complete your zen's wallet data

To complete the transaction enter the address of your zen wallet, where you want to receive cryptomoneda.

6. Confirm and complete the transaction

Check the transaction details, use the desired payment method and confirm the operation. In a few minutes, cryptocurrency zen will be in your wallet.

How do you compare Abara with other Zen purchase platforms?

Unlike other cryptocurrency exchange platforms, Abarai is noted by:

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

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