ZenCash Looks To 'Horizen' For Privacy Development Zencash News - BitCoin Wealth 247 News Blog
SUBTOTAL :

Follow Us

Zencash News
ZenCash Looks To 'Horizen' For Privacy Development Zencash News

ZenCash Looks To 'Horizen' For Privacy Development Zencash News

Short Description:

Product Description

😱 Haven Protocol Attack! Ernst & Young Enter Crypto | China Crackdown! ZenCash Rebrand | $ECOM $XHV

ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

Ethereum Community Debates Consensus Algorithm Targeting ASIC Miners

Iran Moves Forward With Creation Of National Cryptocurrency

Zencash News,ZenCash Looks To 'Horizen' For Privacy Development
Russian Airline Using Blockchain To Improve Fueling Process

As Venezuela’s Economic Chaos Continues, Dash Sees An Opening

Learn the basics of Ethereum and various cryptocurrency technologies

Understand the underlying principles of the Ethereum Platform

Discover the revolutionizing technology known as the blockchain

Submit a press release for consideration on ETHNews

Submit a story or DAPP to be considered for publication on ETHNews.

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

The platform’s recent “brand expansion,” as the team calls it, signals a heightened focus on privacy.

ZenCash, a privacy-driven blockchain and cryptocurrency (ticker symbol ZEN), is donning a new look:

Zencash News,ZenCash Looks To 'Horizen' For Privacy Development
. The brand expansion (not a rebrand, the team notes) zeroes in on the crew's "refined strategic vision" moving forward. Besides a different name, logo, the team notes) zeroes in on the crew's "refined strategic vision" moving forward. Besides a different name Zencash News , Horizen aims to further pursue privacy developments and other projects in the blockchain space.

Although the ZEN cryptocurrency remains intact (and the Horizen name certainly incorporates the coin's heritage), the team wants to delve into the realm of "real-life uses beyond peer-to-peer transactions using the ZEN cryptocurrency." Some examples include censorship-resistant publishing, as well as enabling users to build privacy-based applications and generate basic income through personal data ownership.

Some other features in the works include a treasury voting system, which would allow the community to vote on important issues, such as work proposal resource allocation, within the system; a flagship wallet; and a DAO treasury system.

Horizen president and co-founder Robert Viglione spoke to the expansion of the organization: "What initially launched as a privacy-focused cryptocurrency has transformed into a much broader and deeply capable platform."

Zencash News,ZenCash Looks To 'Horizen' For Privacy Development
Horizen special advisor and co-founder Rolf Versluis also expressed his enthusiasm for the brand expansion: "Our expanded brand encompasses our unlimited capability to deliver new product offerings, improve our platform for partners to build even more profitable applications Zencash News , and enable personal freedom and liberty using technological privacy."

With Horizen's big change, some folks had questions about what it would mean for them. The Horizen crew assured the community that the new brand would not affect individuals' nodes, ZenCash Wallet funds, or wallet addresses. Additionally, there will be no effect on mining pools.

The ZenCash blockchain and cryptocurrency is a fairly recent addition to the cryptospace. Put one way, ZenCash is the

In 2013, researchers introduced Zerocoin, a privacy enhancement to the Bitcoin network. Zerocoin eventually led to the

with people from the privacy technology team Least Authority, leading to what we know today as ZCash.

ZenCash, ultimately, is a fork of a ZCash fork, ZClassic. In forking, the ZenCash team wanted to develop a cryptocurrency that represented its ideology and goals.

Like ZCash, ZenCash is built upon zero-knowledge succinct non-interactive arguments of knowledge, or

. A zk-SNARK, at its core, allows verifiers to confirm that computations occurred correctly without having any knowledge of the computations. This setup enables confidentiality among blockchain transactions.

Although ZenCash and ZCash are borne of the same concept, ZenCash

the zk-SNARK system, features a secure node system, and operates under a different funding model.

Zencash News,ZenCash Looks To 'Horizen' For Privacy Development
ZenCash Zencash News , ZenCash, now Horizen, believes it has a future full of privacy developments and other technological advancements. If so, the horizon is expanding for this blockchain and cryptocurrency platform.

Daniel Putney is a full-time writer for ETHNews. He received his bachelor's degree in English writing from the University of Nevada, Reno, where he also studied journalism and queer theory. In his free time, he writes poetry, plays the piano, and fangirls over fictional characters. He lives with his partner, three dogs, and two cats in the middle of nowhere, Nevada.

to receive the latestZenCash,ZEN or other Ethereum cryptocurrencies and tokens news.

MtGox Creditors To Begin Filing Claims To Retrieve Lost Funds

[UPDATED] SEC Rejects ETF Proposals From Three Companies

MtGox Creditors To Begin Filing Claims To Retrieve Lost Funds

MtGox is accepting civil rehabilitation claims until October 22.

Copyright 2018 ETHNews. A division of Blockchains Management Inc. All rights reserved.

Zencash News,ZenCash Looks To 'Horizen' For Privacy Development
ETHNews is an editorially independent, non-monetizing media outlet—our site does not publish any form of advertising, including sponsored content, including sponsored content Zencash News

0 Reviews:

Post Your Review