Crypto Challenge Evaluate, know complete information about ZEN Coin

Crypto Challenge Evaluate, know complete information about ZEN Coin



Horizen (ZEN) was launched in 2017 and is based on 0-Wisdom (ZK) technology. blockchain is aimed at providing a more effective and economical solution for ZK Proofs. Horizen 2.0 Community is fully compatible with the Ethereum Digital Gadget (EVM) and benefits from integration with zkVerify.

What is Horizen (ZEN)

Horizen (ZEN) is operated by Horizen DAO. Horizen aims to provide the right and cost effective solution for ZK Proofs. Horizen 2.0 Community features full compatibility with EVM (Ethereum Digital Gadget) and integration with zkVerify, which can reduce the cost of Evidence Verification by up to 90%. This network is the first platform to create Appropriate EVM for ZK Apps, providing extraordinary potency and value effectiveness for ZK Software.

Who is the founder of Horizon?

Horizen was founded by Dr. It was done by Rob Viglione, Rolf Versluis and Jane Lippencott. Dr. Rob Viglione, Co-Founder and CEO of Horizen Labs, has a deep understanding of finance, physics, and mathematics. Rolf Versluis, a skilled businessman and specialist in IT companies, has previously worked at Cisco Technologies.

Why is Horizon Distinctive?

Horizen is known for its 0-Wisdom (ZK) Based Totally Experience in the Blockchain Era. Horizen 2.0 is the first EVM-based fully blockchain, which includes pre-compiled words for evidence verification. This makes ZK a good platform for dApps. Horizen 2.0 is connected to the EVM via zkVerify Relay Chain, which provides the preferred form for verification of ZK Proofs. This ensures that ZK Software can reduce costs and operate at higher speeds without Go-Chain Communication.

How many Horizon (ZEN) Cash are there in Move?

The total supply of Horizen (ZEN) is 21,000,000 Tokens, of which approximately 15,200,000 Tokens are available in the market as of July 2024.

How is Horizon Community secure?

Delegated Evidence of Stake (DPoS) has been used to provide security to Horizen 2.0, which increases the efficiency and scalability of the Blockchain Community. In this model, token holders vote for selected collators to generate blocks and maintain network operation. DPoS provides Horizen with high performance and stability. Horizon’s purpose Web3 To make a significant contribution and increase security, privacy and transparency in Blockchain through ZK Evidence.

Conclusion

Horizen aims to promote security, privacy and transparency in the Blockchain Era through ZK Proofs. Its technology provides an effective and cost-efficient platform for ZK dApps, making it important in the Web3 world.


Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *