Zenith

Purpose and Utility

Horizen (ZEN) is a privacy-focused blockchain platform that aims to provide secure communications and private transactions through its zero-knowledge proof technology. The platform enables the creation of private sidechains for businesses and developers to build decentralized applications (dApps).

Business Model

The project operates through a dual node system: Secure Nodes and Super Nodes that help maintain network security and process transactions. Node operators are rewarded with ZEN tokens for their services. The platform generates revenue through sidechain deployment fees and transaction fees, which are distributed to node operators and the Horizen treasury.

Real-World Adoption

Horizen has established partnerships with several enterprises and maintains an active development community. The network currently supports thousands of nodes globally. The platform's Zendoo sidechain system is being used by various projects for building privacy-focused applications.

Development Activity

The project maintains regular development activity with frequent updates to its core protocol and tools. The team consistently releases technical updates and improvements to the platform's infrastructure.

Token Distribution

The token distribution appears reasonable with no excessive concentration among founders. The project maintains transparency regarding token allocation and uses a sustainable emission schedule for node rewards.