Name: Horizen
Ticker: ZEN
Website: horizen.global
Explorer: explorer.zensystem.io
Total Supply: 21,000,000 ZEN
Premine: No
Algo Type: POW/MN
Algorithm: Equihash
Block Time: 2.5mins
Block Reward: 12.5 ZEN
Block Split: 10% Secure nodes, 10% Super nodes, 70% Miners, 10% Treasury
Masternode Collateral: 42 ZEN, 500 ZEN
Use Case?: Yes
Exhanges: Binance, Cryptopia, and more.
Trading Pairs: BTC, ETH, USDT, and more.
Staking Pools: None

ZEN Use Case

Horizen built a platform to allow users to send and receive ZEN privately as well as chat privately. The platform also allows other developers to build privacy-based applications. Also, ZEN is a digital currency with real world use through a few partnerships.

Why Invest In ZEN?

Masternode investors that can afford to put up a secure node without it being the whole portfolio should do so and here’s why. Horizen is one of the platforms that are going to be around as more people care about their privacy. Nodes are needed to maintain a secure network and keep transactions private. Which means node owners are always needed and since people are using ZEN for real world use. There will always be people buying and selling ZEN.

ZEN Exchanges & Volume

ZEN is listed on a lot of popular exchanges. However, if you don’t want to join a centralized exchange. You can use changelly to go from whatever crypto you own to ZEN. The top crypto trading pairs; BTC, ETH, USDT, LTC, and DOGE. The only fiat pair I’ve found is USD. Daily trading volume is over 77 BTC with 44% of the trading volume at Binance.

ZEN Masternode

At the time of writing this review, ZEN has 2 different masternode collateral; 42 ZEN for a secure node and 500 ZEN for a super node. The cost for a secure node is 0.11399 BTC (or $803.80) and the return on investment is close to 2 and half years. The cost for a super node is 1.34937 BTC (or $9,549.67) and the return on investment is over 3 and half years.

ZEN Shared Masternodes

None of the shared masternode services I currently use have ZEN available. A quick google search show’s some services have it available.