Positive Horizen opinions
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So far,1 of opinions have been recorded for Horizen. These opinions are not investment recommendations but the community's perspective on Horizen. Please do not make a purchase decision based on these Horizen opinions.
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Horizen opinion #1
I like the coin because the high anonymity makes it a prvacy coin. To further increase privacy, it is also a decentralised network.
As with the "grandfather" ZCasch, the consensus for the PoW (proof of work) is determined with the Equihash algorithm. As with Bitcoin, the maximum capitalisation is 21 million coins.
The Horizon Coin is a relatively young crypto currency and was released shortly before the hype phase of 2017 by a hardfork from Zclassic.
The Equihash algorithm excludes all ASIC (application specific integrated circuit) based miners to allow even more decentralised mining with "normal" CPU and GPU hardware.
As a last financial feature, there is the possibility to stack ZEN Coins in ZenNodes.
Apart from the financial aspect, the block chain also offers the possibility of sending chats to each other decentrally with the highest degree of anonymity, which is helpful against censorship of all kinds.
For holding the ZEN Coins I would recommend the Hardware Wallet Ledger with the Ledger Live.