Horizen
ZEN #276Project Safety Score: 85%
Updated 1 day, 2 hours ago& Market
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Horizen is a modular platform focused on privacy technology, initially launched in 2017 without an ICO. The project is currently evolving with the introduction of Horizen 2.0, a Layer 3 appchain deployed on Base, which leverages Ethereum's security features. This iteration emphasizes application-level security and decentralization of privacy layers, moving away from the earlier hybrid model of Proof of Work and Proof of Stake.
The native token, ZEN, plays a key role in the ecosystem, facilitating DAO governance, accessing privacy services, and supporting zkApp interactions. With the migration to Base, ZEN has transitioned to an ERC-20 token, enhancing interoperability within the Ethereum ecosystem. The governance model is community-driven via the Horizen DAO, allowing for transparent decision-making.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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0xf43eb8de897fbc7f2502483b2bef7bb9ea179229Market Stats
Recent News
Crypto News: ZEN Migration to Base Blockchain Marks Major Privacy Pivot for Horizen
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Convert Horizen to USD | Horizen Price in US Dollars
Posts from the Horizen
community on Reddit