About Horizen (ZEN)
Horizen is a privacy-focused decentralized network that emerged as a fork from ZClassic, itself a fork from ZCash (a similarly privacy-focused cryptocurrency). Originally called ZenCash, Horizen is represented by its legal entity, the Zen Blockchain Foundation, which uses zero-knowledge proofs (Zk-proofs) to ensure its users’ privacy.
When Horizen was in the midst of its rebranding from ZenCash in 2018, it set out to make smart contracts private. The platform went on to develop a decentralized network that would support private messaging, decentralized application (DApp) development, and publishing on private smart contracts.
Horizen’s network cryptocurrency, ZEN, is used for operations on its decentralized platform. ZEN price is updated and available in real time on Binance.