What is the current price of Horizen (ZEN)?

The current price of Horizen (ZEN) is 13.100167690854 AUD, representing a -5.06 from the day prior.

Can I buy Horizen (ZEN) on Coinstash?

Yes - you can easily buy and sell Horizen (ZEN) on Coinstash. Simply login or sign up, to start buying Horizen (ZEN) in minutes.

Where is the best place to buy Horizen (ZEN) in Australia?

The best place to buy Horizen (ZEN) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Horizen (ZEN) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Horizen (ZEN)?

The trading volume of Horizen (ZEN) is 44.0M AUD in the last 24hrs, representing a -5.06 from the day prior.

How can I buy Horizen (ZEN)?

Horizen (ZEN) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Horizen (ZEN)?

The current market cap of Horizen (ZEN) is 210.3M AUD.

Can I convert Horizen (ZEN) to cash?

Yes - With Coinstash you can convert your Horizen (ZEN) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Horizen (ZEN) are there?

The current circulating supply of Horizen (ZEN) is 15.9M.

Is Coinstash a safe place to buy Horizen (ZEN) in Australia?

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Horizen (ZEN) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

Buy Horizen (ZEN)

What is Horizen?

Horizen is a blockchain ecosystem that emphasises privacy, scalability, and real-world utility. It enables businesses and developers to create both public and private blockchains. The platform leverages zero-knowledge-enabled technology to enhance security and efficiency. Horizen aims to promote privacy as a human right and offers tools for building applications that maintain censorship-resistant publishing and data ownership.

How does Horizen work?

Horizen operates on a distributed blockchain architecture comprising a mainchain and multiple decoupled sidechains. The mainchain uses an Equihash Proof of Work (PoW) consensus mechanism, while the sidechains employ a modified Proof of Stake (PoS) system. Horizen supports smart contracts through its sidechain technology, providing the flexibility to build decentralised applications (dApps) with custom consensus mechanisms. The platform's Cross-Chain Transfer Protocol (CCTP) allows coin transfers between the main and sidechains, enhancing interoperability and scalability.

What are the potential use cases for Horizen?

Horizen offers diverse potential use cases, including:

Developing decentralised applications (dApps) with custom consensus models.
Enabling private, secure transactions using zero-knowledge proofs (zk-SNARKs).
Facilitating cross-chain transfers and interoperability.
Tokenising assets and creating new token standards.
Implementing privacy-enhanced audit solutions, such as zkAudit.
Deploying secure messaging and communication services like ZenChat.
Building decentralised finance (DeFi) applications.
Managing and tracking supply chains.

The platform's modular architecture allows for broad applications across sectors such as finance, real estate, healthcare, and gaming.

What is the history of Horizen?

Horizen was founded in 2017 as ZenCash by Rob Viglione and Rolf Versluis. It originated as a fork of ZClassic, which itself was a fork of ZCash, with the goal of creating a privacy-focused coin leveraging zk-SNARKs. Significant milestones in its history include:

Launching ZenCash in May 2017 and subsequent rebranding to Horizen in August 2018.
Introducing sidechain technology and releasing the Sidechain SDK.
Expanding functionalities with releases such as ZenHelp and Sphere by Horizen.
Establishing partnerships, such as with IOHK for research and development.

Horizen has evolved from a privacy-focused cryptocurrency to a multi-chain platform, enabling scalable blockchain solutions for various applications and services.