Zencash
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July 26, 2017, 02:11:31 PM Last edit: February 04, 2019, 12:38:06 PM by Zencash |
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Horizen previously known as ZenCash extended its brand on 22nd August 2018. Horizen is a platform designed for private communications and private economic activity. Cutting-edge cryptography and zero knowledge proofs enable fully anonymous peer to peer communications with Horizen. Horizen's distributed and encrypted networking design is resistant to traffic correlation and metadata analysis. Why start this project?
Existing cryptocurrencies fall short of being fully anonymous; whether it's from network-level deficiencies or economic shortcomings. There is no cryptocurrency in existence that guarantees full end-to-end encryption of the distributed network. Horizen is designed to be fully encrypted as a network and also as a means to send and distribute money. What is zero-knowledge encryption?Zero-knowledge encryption allows for undecipherable encrypted communications to propagate throughout the network while providing protections against denial of service attacks and spamming. Zero-knowledge encryption allows for private economic activity where the recipient, sender, and amount of activity is kept confidential. What is Horizen and when was Horizen released? Horizen was launched May 30th, 2017. previously named as ZenCash Horizen is a platform for secure communications and for deniable economic activity. It is an evolution of the Zcash codebase aimed at primarily enabling secure communications and resilient networking. As a platform it enables secure global messaging, persistent file storage, and private economic activity. How is Horizen financially supported? Is it a ICO, pre-mine, or etc?Horizen did not conduct an ICO or a pre-mine. Horizen began as a chainsplit from Zclassic, providing a base of ZEN owners. Horizen funds growth using a redirection of a portion of the miner reward, to be spent on Horizen using a community governance mode. In the Horizen network, 20% of the tokens are allocated for community development, marketing, maintenance, and other costs paid for out of the treasury. This ensures that there are always enough resources available for growth. I am an early Zclassic investor, what does this mean to me? Anyone who held Zclassic prior to the block 110,000 chainsplit was allocated a 1:1 amount of Zen automatically. Simply import the Zclassic private keys into the new Zen wallet after the launch to redeem your tokens. Bittrex credited everyone who owned Zclassic at block 110,000 with an equivalent amount of Zen. Are full nodes going to be incentivized with block rewards? Anyone that runs a full node with additional requirements will qualify for the Secure Node reward and participates in the network node funds allocation program will receive their share of 10% of the coinbase rewards. The Secure Node System development is funded by the Horizen treasury. JOIN US!! Horizen is a system of products, services, and businesses built around an enabling technology stack employing zero-knowledge proofs and a core set of beliefs. As a distributed blockchain system with both public and private transactions, private messaging, fully encrypted communications, and a social and governance model designed for long term viability, Horizen will contribute to the human right to privacy and provide the necessary networking infrastructure for people to securely collaborate within a borderless ecosystem. Subscribe to our mailing list on our main website to engage with the Horizen Community and receive updates.
White Papers | | | | | | The Original White Paper | 51% Attack Prevention | Horizen Application Platform | Horizen Sidechain Model |
| | Horizen Specification
- Algorithm: Equihash
- Total eventual supply: 21,000,000 (21 million), as per Bitcoin
- PoW block reward: 12.5 ZEN
- Current number of coins: 5,130,188
- Division of each PoW block: 10% Secure Nodes reward, 10% Super Nodes, 20% Team's treasury, 60% miners reward.
- Coins per month: 216000 ZEN's
- Blocktime: 2.5 minute
- Reward halving period: every ~4 years, as per Bitcoin
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Horizen and IOHK R&D Partner!
| The research projects will be lead by Prof. Roman Oliynykov, a cryptographer, IT researcher, and lecturer. Prof. Oliynykov’s team will handoff the prototypes and provide guidance to InfoPulse, a software engineering firm assisting the Horizen engineering team with the implementation of the two research projects. InfoPulse is contracted directly with Horizen. Horizen production implementation date is not yet available.
The first component of the IOHK research project is to implement a custom version of IOHK’s reference treasury model for efficient decentralized resource allocation and community-driven preference adoption in governance.
The second key component of the IOHK research project is a core protocol upgrade to the Horizen blockchain to address one of the primary issues in the blockchain and cryptocurrency space: Scaling.
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[/tt][/size][/center][/tr][/td] [td][url=https://horizen.global/][font=Proxima Nova][size=18pt][color=#1B2F59][u][color=#1B2F59] [b]R I Z E N[/b][/u][/size][/font][/url][/td] [td][table][tr][td][center][url=https://horizen.global/][b][font=Proxima Nova][size=12pt][color=#1B2F59]Bringing Privacy To Life[/size] [color=#408DFF][size=2pt][color=#00123e]▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀[/color] ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ [color=#0AFF9D]▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀[/size][/td][/tr] [tr][td][url=https://www.horizen.global/zennodes/] [color=#001240][b]ZEN Nodes[/b][/color] [/url] [url=https://horizenofficial.atlassian.net/wiki/spaces/ZEN/overview][color=#001240] [color=#001240][b]Horizen Wiki[/b][/color] [/url] [url=https://horizenofficial.atlassian.net/servicedesk/customer/portal/1] [color=#001240][b]Help Desk[/b][/color] [/url][url=https://getzen.cash/] [color=#001240][b]Faucet[/b][/color] [/url][/td][/tr][/table][/td] [td][size=2pt][tt][color=transparent]█[/color] [color=#0AFF9D] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [/size][/td] [td][/td][td][center][size=8pt][font=arial][b][color=#00123e][url=https://discordapp.com/invite/Hu5mQxR][color=#00123e]Discord[/url] [url=https://bitcointalk.org/index.php?topic=2047435.0][color=#00123e]ANN Thread[/url] [url=https://blog.zencash.com/][color=#00123e]Blog [/url][url=https://t.me/zencash][color=#00123e]Telegram[/url] [url=https://www.reddit.com/r/Horizen/][color=#00123e] Reddit[/url] [url=https://forum.zencash.com/][color=#00123e]Forum[/url] [url=https://twitter.com/horizenglobal][color=#00123e]Twitter [/url][/color] [/td] [td][size=2pt][tt][color=transparent]█[/color] [color=#0AFF9D] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [color=#0AFF9D]█[/color] [/size][/td] [/tr] [/table] [/center]
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[center][font=proxima nova][url=https://horizen.global/][color=#001240][u][font=ariel][color=#001240][size=14pt][b]HORIZEN[/b][/size][/color][/font][/u] [color=#001240][size=14pt][b]►►► Bringing Privacy To Life[/b][/size][/color][/url] [b][color=#244972][url=https://discordapp.com/invite/Hu5mQxR][color=#408DFF]Discord[/url] -------- [url=https://bitcointalk.org/index.php?topic=2047435.0][color=#408DFF]ANN Thread[/color][/url] -------- [url=https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg][color=#408DFF]YouTube[/color][/url] -------- [url=https://t.me/zencash][color=#408DFF]Telegram[/color][/url] -------- [url=https://forum.zencash.com/][color=#0AFF9D]Forum[/color][/url] -------- [url=https://twitter.com/horizenglobal][color=#0AFF9D]Twitter[/color][/url][/color][/b] [color=#408DFF]▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬[/color][color=#0AFF9D]▬▬▬▬▬▬▬▬▬▬▬▬[/color][/font][/center] Member
[center][url=https://horizen.global/][u][b]HORIZEN[/b][/u] [b]►►► Bringing Privacy To Life[/b][/url] [b][url=https://discordapp.com/invite/Hu5mQxR]Discord[/url] -------- [url=https://bitcointalk.org/index.php?topic=2047435.0]ANN Thread[/url] -------- [url=https://blog.zencash.com/]Blog[/url] -------- [url=https://t.me/zencash]Telegram[/url] -------- [url=https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg]YouTube[/url] -------- [url=https://twitter.com/horizenglobal]Twitter[/url][/b] ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬[/center]
Jr Member
[center]HORIZEN ►►► Bringing Privacy To Life | https://horizen.global/[/center]
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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ocminer
Legendary
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Activity: 2338
Merit: 1229
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July 26, 2017, 02:12:20 PM |
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How many more threads do you guys need ? 
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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Madinvestor
Newbie
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July 26, 2017, 02:15:55 PM |
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Cool crypto, another promising ZEC fork just like HUSH with active devs
ZEC has good forks with HUSH and ZEN and so has MONERO with SUMOKOIN
Keep up the good work
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rowenta01
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July 26, 2017, 02:27:13 PM |
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Hey, On the other hand, do not forget to report the change to coinmarketcap! I hope that we will also see a new website very soon and other good news! 
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jimmybob_007
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July 26, 2017, 02:32:15 PM |
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Hey, On the other hand, do not forget to report the change to coinmarketcap! I hope that we will also see a new website very soon and other good news!  A new website would be great, I fully agree. Really sell the coin and document clearly the progress and direction it is going in.
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Bibi187
Full Member
 
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https://steemit.com/@bibi187
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July 26, 2017, 03:11:38 PM |
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Some SHA256 to verify eleos wallet sound nice Just my point of view !
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eXpl0sive
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July 26, 2017, 03:19:16 PM |
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OK, new thread. Good.
Please also update your website with direct links to wallet downloads. It is hard to locate any wallet links on your website.
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Confucio
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July 26, 2017, 07:47:25 PM |
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realstarlord
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July 26, 2017, 08:33:15 PM |
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I invested in ZenCash since the fork from Zclassic. The price has obviously gone down, but I am really pleased with how things have been progressing. Way to stick with it devs! Where is the most active forum for Zen? Would like to contribute 
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Confucio
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Activity: 87
Merit: 10
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July 26, 2017, 08:44:25 PM |
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I invested in ZenCash since the fork from Zclassic. The price has obviously gone down, but I am really pleased with how things have been progressing. Way to stick with it devs! Where is the most active forum for Zen? Would like to contribute  https://forum.zensystem.io/
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realstarlord
Member

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Activity: 84
Merit: 10
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July 26, 2017, 11:14:01 PM |
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I invested in ZenCash since the fork from Zclassic. The price has obviously gone down, but I am really pleased with how things have been progressing. Way to stick with it devs! Where is the most active forum for Zen? Would like to contribute  https://forum.zensystem.io/thanks, its a bit empty. Is it more active than the slack?
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Confucio
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July 26, 2017, 11:29:29 PM Last edit: July 26, 2017, 11:40:08 PM by Confucio |
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I invested in ZenCash since the fork from Zclassic. The price has obviously gone down, but I am really pleased with how things have been progressing. Way to stick with it devs! Where is the most active forum for Zen? Would like to contribute  https://forum.zensystem.io/thanks, its a bit empty. Is it more active than the slack? The slack has almost 2000 users, i would say it's one of the most active crypto slacks i ever encountered, but i'm biased  Slack Invitation : https://slackinvite.zensystem.io/
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cryptonia
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July 27, 2017, 12:04:47 AM |
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Is the team competent to run this project?
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finpunk
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Activity: 98
Merit: 37
Technologies Designed to Liberate the World
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July 27, 2017, 02:33:23 AM |
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I invested in ZenCash since the fork from Zclassic. The price has obviously gone down, but I am really pleased with how things have been progressing. Way to stick with it devs! Where is the most active forum for Zen? Would like to contribute  https://forum.zensystem.io/thanks, its a bit empty. Is it more active than the slack? The slack has almost 2000 users, i would say it's one of the most active crypto slacks i ever encountered, but i'm biased  Slack Invitation : https://slackinvite.zensystem.io/yeah, Slack is where most of the action has been happening, but it would be good to beef up the forum activity; make it more useful for FAQs, new project ideas, proposals, on-going project tracking, etc.
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finpunk
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Activity: 98
Merit: 37
Technologies Designed to Liberate the World
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July 27, 2017, 02:47:46 AM |
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finpunk
Member

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Activity: 98
Merit: 37
Technologies Designed to Liberate the World
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July 27, 2017, 03:07:36 AM |
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Hey, On the other hand, do not forget to report the change to coinmarketcap! I hope that we will also see a new website very soon and other good news!  Thanks for the reminder, just reached out to CMC with the update!
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Hawker
Legendary
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Activity: 1218
Merit: 1001
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July 27, 2017, 08:37:49 AM |
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i believe that it will trend upward in a short time. but the bountys for signature campaigns should be increased and more people should participate. 
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northgate
Newbie
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Merit: 0
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July 27, 2017, 09:33:52 AM |
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One of the most undervalued coins now, can't wait to see its success in long term.
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