Review on Horizen by Pedro O. Alvino M.
Another project with privacy features
Horizen is a distributed blockchain platform that allows truly decentralized applications, in addition to privacy features and contains one of the longest network of nodes in the market.
The horizen architecture that allows an unlimited side chain
And accordingly fully decentralized through the system
(CCTP)
Horizen a platform that its native currency ZEN has good performance in the market and be available in renowned exchanges, includes many functions within the horizen ecosystem put a fluctuations in the platform, although it has been maintained in good shape and also its consensus protocol similar to that of Bitcoin but modified, it includes a malicious miner penalty thus protecting all the proof of work currencies by which its development team is well trained, in general it is an excellent project.
Pros
- Project with high performance privacy features
- Decentralized project
- Composed of great development team and engineers
- It allows the development of apps in its own chain.
- Offers the availability of obtaining ZEN daily
- It contains one of the longest networks of the mecardo nodes
- Its work protocol based on Equihash Proof-of-Work, establishes penalties in case of malicious chain reorganization.
Cons
- Broad competitors in the market
- The operation of horizen mining is harmful to the environment
- The rewards offered by ZEN in its faucet may vary according to how the market behaves (ZEN)
