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What is Horizen coin (ZEN) and how does it work?

by Financial Economy

Horizen (ZEN) Coin is a cryptocurrency running on the Horizen network, which claims to have the largest and most decentralized infrastructure. ZEN Coin, which can be traded with pos side chains, is a coin used for staking purposes. ZEN Coin is a cryptocurrency that can be mined thanks to the Horizen network, which has a Pow infrastructure other than side chains. On the network with the ZK-Snark privacy scale, transactions that offer privacy can be made with ZEN Coin. Detailed information about what Horizen coin ZEN is and how does it work, can it be mined, how to buy, etc. is located in the continuation of the article.

What is Horizen coin (ZEN) and how does it work?

The aim of the Horizen (ZEN) Coin project is to create a network that offers a minimum of 51% protection against attacks and to develop a coin that can perform confidential transactions. Achieving this goal, the project offers investors highly secure transactions. You can browse here for information about Sushiswap (SUSHI).

Another aim of the project is to be able to offer the fastest renders using the scaling called ZK-Snark. In the project, it is based on presenting second-to-second transfers and buying and selling approved per minute. The project has the first network structure created with TSL end-to-end encryption technology. In this respect, there are also security procedures between the nodes for maximum security.

How much is Horizen (ZEN) coin? How to buy Horizen?

As of 22.06.2021, the price of 1 Horizen is around $59,514. Horizen’s total supply in the market is 11,219,744 ZEN. Horizen is listed by many crypto currency exchanges. Preferring reliable and well-known crypto currency exchanges when purchasing ZEN will be in the best interest of the investor. Horizen coin (ZEN) is a mining cryptocurrency. In other words, investors who want to own Horizen can mine ZEN instead of buying ZEN.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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