↘ Horizen: Shaping the Modular Blockchain Landscape Amidst Challenges
Reports indicate that privacy coins, including Horizen , are under scrutiny with the potential risk of being delisted by Binance. However,...
Horizen, formerly ZenCash, has been making notable strides in the cryptocurrency market which is predicted to bring about a bull market. The coin offers privacy solutions but has recenty decided to part ways with the privacy coin moniker due to regulatory scrutiny. This move has been seen as a means of improving transparency which has affected it's listing status on certain exchange platforms like Binance.
Proving itself as an innovative blockchain project, Horizen Labs has launched zkVerify, a modular blockchain revolutionizing blockchain settlement. This product aims to bring utmost efficiency in ZK Proof Verification. Horizen Labs in conjunction with Offchain Labs, and the Arbitrum Foundation are working on developing an Apechain powered by Arbitrum. In addition, Horizen has also launched EON, a solution for Web 3.0 developers available on Mainnet.
Collaborations have also been made with Gateway.fm to improve the modular blockchain scape. Following seed funding of $7M, Horizen proceeded to release its cross-chain protocol, Zendoo, to mainnet, further solidifying its position as a leader in blockchain innovation. Advocate for privacy, Barry Silbert, projects that privacy will become a more popular investment theme.
From the current market trends, the Horizen cryptocurrency is consistently showing an upward trend with reports of a 112% increase within a week as it approached ZEN halving. This trend and other factors combined, contribute to the positive price prediction of the ZEN token for the coming years.
Horizen Coin News Analytics from Fri, 24 Aug 2018 03:10:28 GMT to Sat, 01 Jun 2024 07:00:00 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor 4
