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Horizen

ZEN

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About Horizen

Horizen is a distributed blockchain platform enabling truly decentralized applications. The system is composed of the main Horizen blockchain and its tradable ZEN token, a core protocol that behaves as a simple ”truth engine”, and decoupled sidechains that are fully generalizable in consensus and any other design characteristics.

Horizen (ZEN) is a blockchain network that utilizes zero-knowledge cryptography to provide a platform for the development of decentralized applications. It is powered by an extensive node infrastructure and employs the Zendoo protocol to enable blockchain interoperability. The network has the capacity to support up to 10,000 sidechains with a throughput limit of 10,000,000 transactions per second (TPS). Horizen's native digital asset, ZEN, is a mineable Proof-of-Work (PoW) coin that can be staked to participate in the network's extensive node system. The network seeks to provide a permissionless environment where developers can deploy their blockchains using a variety of Software Development Kits (SDKs).

Horizen operates through a network of blockchains powered by the Zendoo protocol, which employs SNARK-verification to enable blockchain interoperability. This allows for adaptability in sidechain type, consensus and privacy. The network has the capacity to support up to 10,000 sidechains, each capable of running up to 1,000 TPS. Developers can deploy their blockchains within the ecosystem using SDKs like Blaze and Latus, which are based on IOHK's Ouroboros proof-of-stake protocol. Horizen's native digital asset, ZEN, can be staked to participate in the network's node system, contributing to the network's decentralization.

Horizen strives to provide a platform for the development of decentralized applications. Its zero-knowledge-enabled network of blockchains allows developers to build scalable blockchains that can support tens of thousands of transactions per second while maintaining decentralization. The network also offers optional privacy features, making it suitable for applications that require user privacy. Additionally, Horizen's sidechain solution, Zendoo, enables the deployment of thousands of independent sidechains that can communicate with the mainchain and each other, expanding the potential use cases for the network.

Horizen was established by Rob Viglione and Rolf Versluis. Rob Viglione, who holds a Ph.D. in Finance and has worked as a scientist in the space industry, is the co-founder and CEO of Horizen Labs and the team lead of the Zen Blockchain Foundation. Rolf Versluis, an experienced business owner in the IT industry and a former officer in the US Submarine force, is the co-founder and executive advisor of the Zen Blockchain Foundation. Jane Lippencott, a member of the founding team and co-author of the original whitepaper, is now a partner at a16z Crypto. Horizen is recognized for its expertise in zero-knowledge-based blockchain technology and has made several advancements in the cryptography space.

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Market

United Kingdom Market stats

Market cap

£88.1M

Volume (24h)

£6.2M

Circulating supply

15.6M ZEN

Typical hold time

14 days

Popularity

#315

All time high

£129.67

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

-0.02%

Price change (1d)

+5.03%

Price change (1w)

-6.59%

Price change (2w)

-6.56%

Price change (1m)

-5.78%

Price change (1y)

-33.23%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Related Assets

Social

Some highlights about Horizen on social media

218 unique individuals are talking about Horizen and it is ranked #1,119 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Horizen has an average sentiment score of 4 out of 5. Finally, Horizen is becoming more newsworthy, with 0 news articles published about Horizen. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Horizen. There were 29.41% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Horizen. 70.59% of tweets were neutral about Horizen. These sentiments are based on 17 tweets.

On Reddit, Horizen was mentioned in 36 Reddit posts and there were 44 comments about Horizen. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

218 people

Posts

17 posts

Dominance

0.01%

Volume rank

#1,119

Average Sentiment

4 out of 5

Twitter

Reddit

Posts

36

Comments

44

Post Score

155

Comment Score

166

Horizen is on the decline this week.

The price of Horizen has decreased by 0.02% in the last hour and increased by 5.03% in the past 24 hours. Horizen’s price has also fallen by 6.59% in the past week. The current price is £5.64 per ZEN with a 24-hour trading volume of £6.20M. Currently, Horizen is valued at 95.65% below its all time high of £129.67. This all-time high was the highest price paid for Horizen since its launch.

The current circulating supply of Horizen is 15,617,993.75 ZEN which means that Horizen has as total market cap of 15,617,993.75.

FAQ

What is the current price of Horizen?

We update our Horizen to GBP currency in real-time. Get the live price of Horizen on Coinbase.

What is the market cap of Horizen?

The current market cap of Horizen is £88.14M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Horizen?

The all-time high of Horizen is £129.67. This all-time high is highest price paid for Horizen since it was launched.

What is the 24 hour trading volume of Horizen?

Over the last 24 hours, the trading volume of Horizen is £6.20M.

What other assets are similar to Horizen?

Assets that have a similar market cap to Horizen include Tectum, Polymesh, Artificial Liquid Intelligence, and many others. To see a full list, see our comparable market cap assets.

How many Horizen are there?

The current circulating supply of Horizen is 16 million.

What is the typical holding time of Horizen?

The median time that Coinbase customers hold Horizen before selling it or sending it to another account or address is 14 days.

What is the relative popularity of Horizen?

Horizen ranks 199 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Horizen?

Currently, 60% of Coinbase users are buying Horizen. In other words, 60% of Coinbase customers have increased their net position in Horizen over the past 24 hours through trading.

Can I buy Horizen on Coinbase?

Yes, Horizen is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Horizen guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024