Review on Horizen by Fanuel PORPORTY
Horizen a token with privacy features
Horizen is a blockchain platform with cutting-edge privacy protection technology that allows everyone to maintain confidentiality and full control of their digital identity. The system allows completely anonymous exchanges thanks to cryptographic processes and advanced technology called “Zero knowledge”. This project was born to overcome the weaknesses of some already existing virtual currencies which do not guarantee anonymity in transactions. The Horizen platform allows real uses in addition to the ZEN token, including the possibility of chatting privately with other people.
The team is working toward the day when anyone will be able to build privacy-based apps on the Horizen platform and make money from them. Horizen currently offers a system of "securenodes" and "supernodes" to decentralize its network as much as possible, while paying operators of network nodes.
Pros
- Has an extremely decentralized network. Currently there are more than 23,000 securenodes and 3,000 supernodes.
- Excellent team located in several countries of the globe.
- A very active community
- Big partners
Cons
- The implementation of Securenode and Supernode is more complicated than for a conventional masternode, the criteria to be respected being more strict
- The future of anonymous cryptocurrencies is uncertain, with some governments having made clear their opposition to this type of crypto asset.
