[ANN][ZEN] Horizen: Unbounded By Design

Horizen is an inclusive ecosystem where everyone is empowered and rewarded for their contributions. Horizen’s massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains on the largest node network in the industry. Horizen’s Sidechain SDK provides all necessary components for easy and fast deployment of a fully customizable blockchain. Horizen's native cryptocurrency, ZEN, is a mineable PoW coin available on exchanges including Bittrex, Binance, Huobi, and Changelly. Users can securely store and transact ZEN using Horizen's flagship app, Sphere, a multifunctional wallet that interfaces with most Horizen products and services.

Horizen’s History

In 2017, Horizen (formerly known as ZenCash) began as a chainsplit from Zclassic, providing a base of ZEN owners. Everyone who owned Zclassic at block 110,000 received ZEN by simply importing the Zclassic private keys into the new ZEN wallet after the launch, received the equivalent amount of ZEN. Horizen evolved from a privacy coin and into a sidechain-based system by building a technology platform with optional privacy features that aims to enable an application-rich and inclusive ecosystem to provide people with freedom and everyday usability. Once Horizen released their Sidechain Alpha, they shifted focus from being a privacy coin to a massively scalable general-purpose blockchain system. The shift allowed them to open more possibilities architecturally and better fit the direction of their project.

Horizen’s ecosystem

Zen Blockchain Foundation (ZBF) created in 2017 as a Delaware nonprofit corporation with the mission to facilitate focused protocol research and development, as well as the growth of the ecosystem.
Horizen’s ecosystem is a broad collection of stakeholders:

Horizen Community Council (HCC), a bridge between the community, the Foundation, and our corporate and academic partners.
Developer Environment (HDE) an open-source developer community organized into a curated and compensated.
Various corporate and academic partners, miners, node operators, and end-users.
Academy provides free education around the topics of blockchain technology, online privacy and the Horizen project itself.

Dev Environment

HDE will be the main focal point for decentralizing contributions and is on the way. It will be focused on enabling collaboration, making contributing to our project fun and adding incentives for quality contributions.

It will be founded on two pillars:

The GitHub process will add more structure to the collaboration on GitHub and Zen Improvement Proposals (ZenIPs) are a decision making process and governance mechanism that will be applied to new feature requests and proposed protocol changes.
It is an established process in many of the larger blockchain projects.

Network Infrastructure

Secure and Super node operators are incentivized with a share of the block subsidy of each mined block. Currently, both node classes receive 10% of the total block subsidy, respectively.
This incentivized user-owned infrastructure, achieving dynamic equilibrium in node count and returns to node operators, with the geographic placement of the infrastructure optimally dispersed to reduce network latency. Minimum requirements are necessary to ensure that Horizen’s node network is sufficiently capable of running a robust ecosystem of sidechains and the valuable applications that will reside on them.

Sidechains
Horizen is designing Sidechains and a Sidechain SDK to allow developers and enterprises to quickly and affordably spin up their own blockchains. We segregated application logic from the main blockchain for both security and scalability so applications can be fully independent, rapidly deployed, and done so without the consent of other stakeholders in the ecosystem. Single protocol Cross-Chain Transfer Protocol (CCTP), a unique protocol that must be used by all sidechains, and it doesn’t require the mainchain to follow the parallel blockchains will allow massive scalability and decentralization to the system. However, sidechains must track the mainchain.

Sidechain Use Cases

Tokenization
Privacy Preserving Blockchain Applications
Smart Contracts
Price Stable Assets

How is Horizen Financially Supported?

Horizen did not conduct an ICO or a pre-mine. Horizen uses a sustainable funding model with protocol-level solutions. Horizen funds project growth by using a portion of the miners’ reward, to be spent via a community governance model. In the Horizen network, 20% of the tokens are allocated for community development, marketing, maintenance, and other costs paid from the treasury. This ensures that there are always enough resources available for growth.

ZEN Specification

Horizen’s mainchain is currently a Bitcoin-like blockchain with Equihash Proof-of-Work (PoW) augmented with a delayed block penalty algorithm for additional protection against malicious chain reorganization. ZEN is the native cryptocurrency of Horizen. Its optional privacy feature allows you to control your digital footprint leveraging zero-knowledge cryptography.

Algorithm: Equihash
Total eventual supply: 21,000,000 (21 million), as per Bitcoin
PoW block reward: 12.5 ZEN
Current number of coins
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

Voting System

Horizen is building a decentralized autonomous organization (DAO) as a voting mechanism to allocate treasury funds to continue the development of the Horizen platform. The main purpose of the Horizen DAO Treasury and Voting model is to establish a decentralized and censorship-resistant funding mechanism for development and maintenance of the Horizen platform.
The Horizen Treasury and Voting model is one of the most elegant Decentralized Autonomous Organization (DAO) models in the market. This Is a result of work with IOHK and InfoPulse to deliver a highly complex programmatic solution to the Horizen Treasury System. The ZenDAO uses economic theory, game theory, liquid democracy, and the latest privacy technology to allocated treasury fund resources.

White Papers


	The Original White Paper


	51% Attack Prevention


	Horizen Application Platform


	Horizen Sidechain Model

Important Links

	Find out more about Horizen

\|	Horizen Website	\|
\|	Horizen Twitter	\|
\|	Horizen Facebook	\|
\|	Horizen Blog	\|
\|	Blog on Medium	\|
\|	Discord invite	\|
\|	Horizen Forum	\|
\|	Horizen Telegram	\|
\|	Horizen on Bitcointalk	\|
\|	Horizen YouTube	\|
\|	Horizen Reddit	\|
\|	Horizen on Github	\|
\|	Horizen on LinkedIn	\|
\|	Horizen Meetups	\|
\|	Horizen Instagram	\|
\|	Horizen CoinMarketCap	\|
\|		\|

	Translations


\|	Chinese	\|
\|	Dutch	\|
\|	Romanian	\|
\|	Spanish	\|
\|	Russian	\|
\|	Italian	\|
\|	Arabic	\|
\|	French	\|
\|	Indonesian	\|
\|	Serbian	\|
\|		\|

	Merchants and Services

\|	CoinPayments	\|
\|	Paytomat	\|
\|	Xeeda	\|
\|	Cointopay	\|
\|	AnyPay	\|
\|	Netcoins	\|
\|	CoolWallet	\|
\|		\|

	Partners

\|	IOHK	\|
\|	InfoPulse	\|
\|	Code Particle	\|
\|	Blue-Frontiers	\|
\|	Porhhub and Brazzers	\|
\|	CoinTigo	\|

	Horizen Block Explorer

\|	Officilal blockexplorer	\|
\|	Officilal blockexplorer (China)	\|
\|	zen-solutions.io	\|
\|	zen.tokenview	\|
\|		\|

	Mining profitability & Charts

\|	CoinMarketCap	\|
\|	Whattomine	\|
\|	CoinWarz	\|
\|	CryptoCompare	\|
\|	CoinGeko	\|
\|	Minerstat	\|
\|	CoinCodex	\|
\|	Masternodes 42ZEN	\|
\|	Masternodes 500ZEN	\|
\|		\|

	Sidechains & 51% attack protection

\|	Horizen Sidechains	\|
\|	Sidechains documentation	\|
\|	51% Attack Mitigation Penalty System	\|
\|	51% attack protection documentation	\|
\|	A new Sidechain Proposal by Horizen — Part 1	\|
\|	A new Sidechain Proposal by Horizen — Part 2	\|
\|		\|

	Super Nodes

\|	Horizen Nodes	\|
\|	About Super Nodes	\|
\|	Tracking & Payment System	\|
\|	SN profitability calc	\|
\|	How to Build	\|
\|	video guide	\|
\|	video guide 2	\|
\|	SN tracker	\|
\|	Hosting and Setup List	\|
\|	VPS List	\|
\|	Nodeasy Supernode	\|
\|		\|

	Secure Nodes

\|	Horizen Nodes	\|
\|	About Nodes	\|
\|	Tracking & Payment System	\|
\|	SN profitability calc	\|
\|	How to Build	\|
\|	SN video guide	\|
\|	video guide-German	\|
\|	SN tracker	\|
\|	Nodeasy Securenode	\|
\|		\|

	Horizen Mining pools

\|	https://zenmine.pro/	\|
\|	https://minez.zone/	\|
\|	http://www.luckpool.org/	\|
\|	http://zen.miningspeed.com/	\|
\|	https://zenpool-eu.hebusio.com ?	\|
\|	https://zen.suprnova.cc/	\|
\|	https://zencash.miningpoolhub.com/	\|
\|	http://zen.owlminingclub.com/	\|
\|	http://zen.zuzuca.ro/	\|
\|	https://zhash.pro/	\|
\|	http://zen.catspool.org	\|
\|	https://2miners.com/zen-mining-pool	\|
\|	https://zen.nibirupool.com	\|
\|	http://zen.ehashcoins.org/	\|
\|	http://zen.solopool.org/	\|
\|	https://treefrogmines.com/	\|
\|	http://zen.247mines.com/	\|
\|	https://equipool.1ds.us/	\|
\|	https://myzen.cash/	\|
\|	http://www.minermaniac.com/	\|
\|	https://www.ambitmining.io/	\|
\|	http://altcoinminingpools.com/equihash/zencash	\|

	Videos

\|	Horizen - Bringing privacy to life	\|
\|	What is ZenCash?	\|
\|	Hello Horizen	\|
\|	Horizen Introduction	\|
\|	Horizen R&D Partnership with IOHK and Project Goals for 2018	\|
\|	Horizen Secure Node System Overview	\|
\|	Horizen Secure Node System - Challenge Response Explanation	\|
\|	Robert Viglione Horizen Decentralized Governance	\|
\|	ZenCash \| Robert Viglione - CryptoFinance 2017	\|
\|	Robert Viglione Panel discussion \| Nexus Conference 2017	\|
\|	Robert Viglione & Charles Hoskinson & Jun Dam	\|
\|	Rolf Versluis at Texas Bitcoin Conference 2017	\|
\|	Horizen Statement on Mining Algorithm	\|
\|	Horizen and IOHK Partner for Research and Development	\|
\|	Rolf Versluis at Texas Bitcoin Conference 2018	\|
\|	Combinatorial Innovation & competing in an open-source world	\|
\|	Interview with - Angie Villarreal	\|
\|	Truly anonymous cryptocurrencies - Arno Pfefferling	\|
\|	Rob Viglione at Coinscrum	\|
\|	Angie Villarreal at Technosaviour Jan 26, 2019	\|
\|	Robert Viglione at Crypto Lark Jan 19, 2019	\|
\|	Arno Pfefferling at CryptoAssetConference Feb 28, 2019	\|

	Buy or Sell Zen

\|	Binance ZEN/BTC	\|
\|	Binance ZEN/ETH	\|
\|	Binance ZEN/BNB	\|
\|	Huobi ZEN/BTC	\|
\|	Bittrex ZEN/BTC	\|
\|	Bittrex ZEN/USD	\|
\|	OKex ZEN/BTC	\|
\|	OKex ZEN/USDT	\|
\|	OKex ZEN/ETH	\|
\|	Coss.io ZEN/BTC	\|
\|	Coss.io ZEN/USD	\|
\|	UPbit	\|
\|	Bisq_network	\|
\|	Changelly	\|
\|	Coindirect	\|
\|	Coinmonkey	\|
\|	CryptoWolf	\|
\|	Stocks.Exchange	\|
\|	BiteBTC	\|
\|	Panda.Exchange	\|
\|	Godex	\|
\|	All Exchanges	\|

Horizen Wallets


	Swing for Windows Swing for Mac OS Swing for Debian/Ubuntu Linux


	Arizen


	Horizen Android Wallet


	MyZenWallet


	Horizen Paper Wallet


	Sphere by Horizen (beta)

Horizen Co-Founders


	https://twitter.com/RolfVersluis
	blockops Bitcointalk/Discord


	https://twitter.com/robviglione
	finpunk Bitcointalk/Discord

Find out more about Team

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.

https://blog.horizen.global/zencash-and-iohk-rd-partner//

Hero/Legendary

Code:

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[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.io/][b][font=Proxima Nova][size=10pt][color=#1B2F59]Unbounded By Design[/size]
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[/size][/td][td][/td][td][center][size=8pt][font=arial][b][color=#00123e][url=https://horizen.global/invite/discord][color=#00123e]Discord[/url]  [url=https://bitcointalk.org/index.php?topic=2047435.0][color=#00123e]ANN Thread[/url]  
 [url=https://blog.horizen.io/][color=#00123e]Blog [/url][url=https://t.me/horizencommunity][color=#00123e]Telegram[/url]  [url=https://www.reddit.com/r/Horizen/][color=#00123e] Reddit[/url]   
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Sr. Member

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[td][/td][td][center][size=8pt][font=arial][b][color=#00123e][url=https://horizen.global/invite/discord][color=#00123e]Discord[/url]  [url=https://bitcointalk.org/index.php?topic=2047435.0][color=#00123e]ANN Thread[/url]  
 [url=https://blog.horizen.io/][color=#00123e]Blog [/url][url=https://t.me/horizencommunity][color=#00123e]Telegram[/url]  [url=https://www.reddit.com/r/Horizen/][color=#00123e] Reddit[/url]   
[url=https://forum.horizen.io/][color=#00123e]Forum[/url]   [url=https://twitter.com/horizenglobal][color=#00123e]Twitter [/url][/color]
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Full Member

Code:

[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]►►► Unbounded By Design[/b][/size][/color][/url]
[b][color=#244972][url=https://horizen.global/invite/discord][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/horizencommunity][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]

HORIZEN ►►► Unbounded By Design
Discord -------- ANN Thread -------- YouTube -------- Telegram -------- Forum -------- Twitter
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Member

Code:

[center][url=https://horizen.io/][u][b]HORIZEN[/b][/u] [b]►►► Unbounded By Design[/b][/url]
[b][url=https://horizen.global/invite/discord]Discord[/url] -------- [url=https://bitcointalk.org/index.php?topic=2047435.0]ANN Thread[/url] -------- [url=https://blog.horizen.io/]Blog[/url] -------- [url=https://t.me/horizencommunity]Telegram[/url]  --------  [url=https://www.youtube.com/channel/UCQ0v_lUnZHIKUQUXJzfgqOg]YouTube[/url] -------- [url=https://twitter.com/horizenglobal]Twitter[/url][/b]
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HORIZEN ►►► Unbounded By Design
Discord -------- ANN Thread -------- Blog -------- Telegram -------- YouTube -------- Twitter
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

Jr Member

Code:

[center]HORIZEN ►►► Unbounded By Design | https://horizen.io/[/center]

HORIZEN ►►► Unbounded By Design | https://horizen.io/

Press releases and media attention