Where Horizen (ZEN) is Accepted Locally and Globally
ZEN is a valorous privacy coin, a shot across the bow of the beastly legacy financial system, and a competitive commerce crypto. Having achieved a top 100 CoinMarketCap ranking and a respectable token price, it’s accepted by businesses around the world. From a Peruvian tourism operator (so you can get that selfie there at Macho Pichu) to a London-based interior designer offering some truly striking furniture.
Who accepts Horizen…
Are you an Entrepreneur, freelancer, or manager of a business accepting cryptocurrency?
Should you buy Horizen?
If you share libertarian values or value privacy, yes! Horizen is on a mission to liberate the world via a peaceful economic revolution. But they want to stay on the right side of the law while doing so, cofounder Rob Viglione explained in an interview, “We need to ride this fine line with regulators because we want to mainstream our technology but we have to make sure the regulators don’t totally shut us down…” The fact that the founders and developers are public and stand behind the coin imbues credibility. If you’re a freedom-loving economic dissident, why not add some ZEN to your privacy coin portfolio…
It’s a fixed, hard-cap crypto and thus deflationary, so it should serve as a decent store-of-value. It remains unclear whether they will establish themselves as a top privacy coin, They are a little less aggressively innovative, relative to the wide blockchain business, because security and privacy are non-negotiable priorities. But their privacy technology is competitive, the cryptographic protocol utilizes zero-knowledge proofs and transport layer security (TLS). One of the cool features it has that you can attach fully encrypted private notes to transactions in the wallet, a “duh” feature that I’ve wished many times that Bitcoin had when I received payments from unknown addresses. Horizen has the largest node network with a multi-tiered node system in the industry, with +40,000 nodes, they’ve achieved unequaled decentralization.
About ZEN
Horizen is a rebranding of ZENCASH, which was a fork of Zcash, another privacy coin.
ZEN is the native cryptocurrency of Horizen. Its optional privacy feature allows you to control your digital footprint.
From horizen.io
Zen is an end-to-end-encrypted system with zero-knowledge technology over which communications, data, or value can be securely transmitted and stored. It is an integration of revolutionary technologies that create a system over which innovation can accelerate by combining three functions that are traditionally done separately: 1) transactions 2) communication, and 3) competitive governance. This is done in a secure and anonymous manner, using a worldwide distributed blockchain and computing infrastructure. The system integrates multiple best-in-class technologies to form an open platform for permissionless innovation that can evolve with user preferences
From the abstract of the ZEN whitepaper
