Horizen (ZEN), formerly, ZenCash, aims to be a private, distributed, & reliable platform for communication, transactions, and publishing. ZenCash launched on 23 May 2017 as a fork of Zclassic without any premining or Initial Coin Offering (ICO). Horizen uses a secure node system to relay data via connecting nodes. The core protocol is reportedly capable of delivering secure messages using the ZenChat service.
Horizen uses domain fronting to conceal the endpoint of a communication. A commercial content distribution (CDN) network named ZenPub uses the Hypertext Transfer Protocol Secure (HTTPS) protocol to offer a secure standard web architecture for publishing documents securely. Another service named ZenHide helps mask network traffic data so that users facing regulatory or other filtering hurdles can connect to the ZenChat network without too much trouble.
Horizen accepts ASIC Miners
Despite suffering a double spend attack in June 2018 the Horizen team made the decision to remain with the Equihash algorithm rather than switching to an ASIC-resistant algorithm.
The main reason this decision was made is that the team found the Horizen network had become more secure with ASICs mining, even though Horizen isn’t the largest Equihash currency being mined.
They are connected to many crypto-payment providers and are constantly adding more, encouraging mass adoption of platform. They sidechains will enable anyone to build privacy-based applications, allowing us to bring thousands of real-life services to the world.
5 Horizen Mining Pools
So, which mining pools are best for ZEN miners?
In general mining pools tend to be very similar, and with Horizen you aren’t going to have to search hard to find mining pools. The official Horizen website lists 27 mining pools to choose from. We’ve narrowed that down and present to you the most popular Horizen mining pools.
Remember, it’s never wise to increase the hashing power of a mining pool beyond 25%, so simply choosing the largest mining pool is rarely a good idea. Horizen is somewhat unique among altcoins though, because its hashing power is spread out quite evenly, for the most part.
When choosing a good mining pool the fees are important, as is the uptime of the pool, and its geographical proximity to your location. Keep those things in mind and read on to find out the top 5 Horizen mining pools.
Dowbload Horizen Wallet
Tips for securely storing your Power Ledger
- Do your own research. Before sending any coins or private data to a wallet, make sure you have researched the wallet provider to make sure everything is above board. Keep an eye out for scam wallets, such as those using URLs only slightly different to the URLs of legitimate wallet providers, and check out some independent reviews for all the pros and cons.
- Back it up. Make use of your wallet’s back-up and restore facility so that if something ever goes wrong with your wallet, you’ll be able to recover your funds.
- Set a strong password. Now is not the time to be lazy when creating a password; take your time to create a strong and uncrackable code.
- Make use of all available security features. Make the most of all the security features your wallet offers, such as two-factor authentication or multi-signature transactions. It’ll offer increased protection for your funds and greater peace of mind for you.
- Update your antivirus software. Take care to regularly update the antivirus protection and anti-malware software on any device you will be using to access your wallet.
- Keep your private keys private. Last but not least, don’t underestimate the importance of your private keys. Store them somewhere safe and don’t share them with anyone else.
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