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Erica Hamilton

Horizen Communications Manager
Joined February 2020
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HorizenHorizen was edited byErica HamiltonErica Hamilton
February 23, 2020 4:36 pm
Article  (+7/-7 characters)

HorzienHorizen uses a the Proof-of-Work (PoW) Equihash hashing algorithm. The division of each Horizen PoW block reward and transaction fees are distributed using the following rules: 60% to miners, 20% to treasury, 10% to secure node operators, and 10% to super node operators.

HorizenHorizen was edited byErica HamiltonErica Hamilton
February 21, 2020 6:40 pm
Article  (+12/-8 characters)

Horizen (ZEN), formerly ZenCash (which was a forkchainsplit fromof ZClassic), is a cryptocurrency with optional privacy features that officially launched on May 23, 2017 and was founded by Rob Vigilione and Rolf Versluis. Horizen is an ecosystem where users are rewarded for their contributions. Horizen’s platform enables businesses and developers to create their own public or private blockchains utilizing Horizon's node network. Horizen’s Sidechain SDK provides components for deployment of a customizable blockchain.

HorizenHorizen was edited byErica HamiltonErica Hamilton
February 21, 2020 6:40 pm
Article  (+75/-105 characters)

The re-branding of ZenCash to Horizen was done after BrandTuitive, a New York based branding and marketing firm,off conductedof research on the cryptocurrency market including Horizen community members, miners, node operators, investors, and employees. BothThe companiesproject came to the conclusion after analyzing their finding that re-branding ZenCash to Horizen reinforces the companies commitment to ensuringcreating usercommunity-focused privacyproducts.

HorizenHorizen was edited byErica HamiltonErica Hamilton
February 21, 2020 6:37 pm
Article  (+264/-280 characters)

Horizen (ZEN), formerly ZenCash (which was a fork from ZClassic), is a cryptocurrency with optional privacy privacy cryptocurrencyfeatures that officially launched on May 23, 2017 and was founded by RonRob Vigilione and WilliamRolf WolfVersluis. Horizen is an ecosystem where users are rewarded for their contributions. Horizen’s platform enables businesses and developers to create their own public or private blockchains utilizing Horizon's node network. Horizen’s Sidechain SDK provides components for deployment of a customizable blockchain.

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Horizen's native cryptocurrency, ZEN, is a mineable PoW coin currently trading on exchanges including Bittrex, Binance, and Changelly. ZEN is integrated on major wallets including Horizen's flagship app, Sphere by Horizen, a multifunctionalmulti-functional wallet that serves as an interface with most Horizen products and services.

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Horzien uses a the Proof-of-Work (PoW) Equihash hashing algorithm that was created by Alex Biryukov and Dmitry Khovratovich at the University of Luxembourg. It has a block reward of 12.5 ZEN, a block generation time of 2.5 minutes, and a block size of 2 MB. The division of each Horizen PoW block reward and transaction fees are distributed using the following rules: 8860% to miners, 5 20% to one or more DOAstreasury, 3.510% to secure node operators, and 3.510% to thesuper corenode teamoperators.

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Funding for the development of Horizen is generated by miners. 20% of block rewards goes into the Horizen treasury.

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Horizen did not have an ICO.

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