Horizen, Formerly Known as ZenCash, to Improve Security and Privacy For Users
New Security Development from Horizen for ZenCash Ensures Better Privacy for Future Users
A massive expansion is now underway for ZenCash – to help improve privacy on the network – and expand user security. Operating with the ticker symbol ZEN, the company is using Horizen’s system to enhance privacy on the blockchain company. Not only is the company increasing user privacy options, but they are also going through a phase of rebranding. A new set of company goals has been made to change aesthetics for the company as well, namely the company logo, model and client perspective of them. With the help of Horizen, the company will improve their self-image as well as privacy options on their unique blockchain.
ZenCash is attempting to revamp the entire system of operations used by them. The team working on the project with Horizen is aiming to change their standards, so the platform is better accessible for real-world applications. Using the ZEN currency as their foundation, they are building security applications to increase privacy for a P2P-based network and further protect user’s personal information.
The primary goal, to give their users back control of their personal data. A democratic voting system is in place to help improve community participation on the platform. Voting is associated with the crypto-wallet used on the system and a new type of trading platform running on DAO.
Expansion is the name of the game, and both involved parties want to move further out – branching from just a privacy cryptocurrency to a more broadly used platform – thereby improving their user base. ZenCash is excited to see what Horizen will bring to the table, who is just as ready to show the community advancements they have up prepared for release on the platform.
The new branding is going to provide users with new capabilities not yet seen on the product line currently available on the system. Included in the new vision is the hope of creating more partnerships to improve usability and give the community better technology that isn’t outdated.
Changes are only going to affect wallet funds, wallets, and addresses, not mining pools. ZenCash is still a new company, an offshoot of Bitcoin that is again coming to fruition. ZCash is considered the father of ZenCash, which is a fork of ZCash – a highly successful cryptocurrency in its own right – which started with ZeroCash and ZeroCoin. Make no mistake; however, although ZenCash is similar to ZCash, it is still unique in several ways. One way has heightened privacy over the past platform it was forked from.
There are more privacy elements to come as well with the new collaboration between ZenCash and Horizen. Involved parties are confident that new technology advancements are going to help expand the blockchain & cryptocurrency company to new heights.
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