What Is Horizen (ZEN)?
Horizen is a blockchain platform that focuses on privacy, scalability, and security, utilizing zero-knowledge (ZK) technology to support decentralized applications (dApps). Launched in 2017, Horizen operates as an Ethereum Virtual Machine (EVM)-compatible network, making it a versatile choice for developers. Its ecosystem is optimized for ZK-based use cases, such as decentralized finance (DeFi), identity verification, and gaming. ZEN, the native cryptocurrency of Horizen, plays a critical role in powering the network and facilitating governance through the Horizen Decentralized Autonomous Organization (DAO).
How Horizen Works
Horizen operates on a Layer 1 blockchain architecture designed for efficiency and modularity. It integrates zkVerify, a solution for proof verification that reduces costs and enhances performance. Developers can utilize precompiled contracts for ZK proof verification, simplifying the creation of private and secure dApps. The network leverages the Substrate framework, which divides the system into two main components: the Core Client for network activity and the WebAssembly (Wasm) Runtime for state transitions. This structure enables Horizen to support a variety of use cases, from private financial transactions to secure supply chain management.
Who Are the Founders of Horizen?
Horizen was co-founded by Dr. Rob Viglione, Rolf Versluis, and Jane Lippencott.
How Many Horizen (ZEN) Tokens Are in Circulation?
ZEN, the native token of the Horizen ecosystem, is available on various exchanges. It has a maximum supply of 21million tokens.
How to Buy Horizen (ZEN) on Bitget?
Consider investing in Horizen (ZEN)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available ZEN trading pairs on Bitget.
Is Horizen a Good Investment?
Determining whether Horizen is a good investment depends on various factors, including market conditions and individual investment goals. As the native token of a privacy-focused blockchain, ZEN offers utility in staking, transaction fees, and governance within the Horizen ecosystem. Its fixed supply of 21 million tokens adds an element of scarcity, similar to Bitcoin. However, potential investors should carefully evaluate the risks associated with cryptocurrency investments, including market volatility and regulatory developments, before deciding to invest in ZEN.
Simple 3-step guide to buying ZEN today in Uzbekistan
Create your free Bitget account
Select a funding method
Complete your Horizen purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Horizen using a payment method of your choice:
Buy Horizen with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Horizen order.
How to buy crypto with credit/debit cardBuy Horizen with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Horizen is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Horizen order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Horizen order.Buy Horizen with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Horizen order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Horizen in your Bitget spot wallet
Bitget—where the world trades Horizen
How to buy Horizen for free
- Learn how to earn Horizen for free through the Learn2Earn promotion
- Earn free Horizen by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Horizen airdrops by joining ongoing challenges and promotions
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FAQ
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Uzbekistan, officially known as the Republic of Uzbekistan, is a country in Central Asia. It neighbors Kazakhstan to the north, Kyrgyzstan and Tajikistan to the east, Afghanistan to the south, and Turkmenistan to the southwest. Despite being a landlocked country, Uzbekistan has two rivers running through, the Syr Darya to the northeast and the Amu Darya to the southwest.
The country has an area of 448,978 km2 (56th largest country in the world) and a population of 35,955,400 (40th most populated country in the world). The official national currency of Uzbekistan is Uzbek soum (UZS) and the capital, which is also the biggest city, is Tashkent. No matter where you are in the nation, be it Tashkent, Kuvasoy, Nukus, or Angren, you can buy Horizen(ZEN) and many other coins using UZS on the Bitget platform in a few seconds. Bitget also offers a variety of services for cryptocurrencies such as Crypto Deposit, P2P Trading, and Third-Party Payments.
Uzbekistan is a rich and diverse country in terms of culture and natural resources. The ancient cities of Samarkand, Bukhara and Khiva were important stops on the ancient Silk Road trading route, and they managed to maintain a lot of architectural sites and relics from that time. At the present time, the country is the leading producer and exporter of natural gas, petroleum, oil, coal, cotton, and sheep in the region. Even though the official language of Uzbekistan is Uzbek, Russian language is widely used and understood by many people. Russian is a language that is extensively supported by the Bitget website and mobile apps.