Horizen coin is a mined token based on the Proof of Work (PoW) algorithm. Horizen’s mission is to empower people and bring the world together by creating a fair and inclusive ecosystem where everyone is rewarded for their contributions.
In this article, we will discuss topics such as “Horizen coin, how to buy Horizen coin, purchase Horizen coin, ZEN Coin, where to buy ZEN coin, and how to purchase ZEN coin”.
What is Zen Coin?
ZEN coin is a cryptocurrency that operates on the proof-of-work algorithm.
Horizen, the platform for ZEN coin, is reportedly the market‘s first fully decentralized and completely customizable sidechain platform, offering a sidechain and scaling solution.
Horizen’s sidechain platform is designed to enable businesses and developers to create real-world Blockchain applications quickly and cost-effectively within Horizen’s fully distributed, secure, and privacy-preserving architecture.
Launched in May 2017, the platform offers real-world applications beyond the mineable cryptocurrency ZEN, which is available on major crypto exchanges. Users can securely store and transact ZEN using Horizen’s multi-functional wallet application, Sphere by Horizen, which interfaces with Horizen products and services.
In addition, Horizen boasts a global community, a team of over 50 professionals, and a roadmap driven by continuous investments in research and development.
Horizen also claims to have the largest incentivized node network in the industry with a multi-tiered node system. Node operators receive 20% of the total block subsidy. Horizen’s geographically dispersed node network provides the necessary infrastructure to run an ecosystem of sidechains and applications.
Opinions on ZEN Coin
Looking at the comments on ZEN coin, it is perceived as a reliable project since it has been in the market since 2017. In addition, Horizen coin investors seem hopeful about the token.
Furthermore, the platform’s features and steps are thought to support ZEN coin and affect its price movements. However, like any coin, there are as many critics of ZEN coin as there are supporters.
Which Exchanges List Zen Coin
ZEN coin is available on several exchanges including Binance, CoinEx, OKEx, Bittrex, and Huobi Global. Answers to questions like “How to buy Horizen coin, where to buy Zen coin?” can be found here.
You can purchase ZEN coin through the aforementioned exchanges by following the “purchase Horizen coin” step.
Additionally, some data might be useful for those looking to buy ZEN coin. As of the time this article was prepared, ZEN coin was trading at $6.91, with a market cap of $68,258,737 USD, ranking 125th according to CoinMarketCap. The answer to “How much is 1 Horizen in Turkish Lira?” is 51.41 TL at the time of writing. Also, Horizen coin reached its peak at $67.29 on January 1, 2018, and its lowest point at $3.09 on July 31, 2017.
Lastly, it is worth noting that there are currently 9,872,813 ZEN in circulation, and like Bitcoin, the total quantity will be 21 million.
How to Purchase Zen Coin?
You can purchase ZEN coin via Binance, the world’s fastest, most reliable, and largest cryptocurrency exchange in terms of trading volume.
