Horizen Coin, or as some may know it best from its previous name ZenCash, is a privacy focused Blockchain that is a fork of the ZClassic, which was a fork of the original Zcash coin.
The technology that Horizen Coin utilises is the Zcash’s ZK-snark technology, which is a highly advanced privacy technology system that makes use of Zero Knowledge Proofs.
The Horizen network has been shaped in order to embody a range of privacy-focused capabilities, which include:
- A decentralised autonomous organisation
- A private messenger, known as ZenChat
- An anonymous publishing platform, known as ZenPub
- A TOR-like domain fronting service, known as ZenHide
These features make Horizen Coin the first ever TLS end-to-end encrypted anonymous money network, messaging service, content platform and decentralised autonomous organisation (DAO) all wrapped up into one.
Privacy and security is at the forefront of Horizen Coin, offering large enterprises the full package of secure and private tools, which include messaging and publishing means, and private and secure data storage on the Horizen Blockchain.
Horizen has purposely positioned itself and set up relevant privately-focused capabilities to become a sustainable Blockchain ecosystem.
“We live in a hyper-regulated and surveilled world where billions of individuals are deprived of” – The Horizen Team
Benefits of Mining Crypto’s Through NGS Crypto
NGS crypto is 100% Australian owned and we are Australia’s largest crypto mining experts focusing on delivering the best outcomes in encrypted currency investing for our clients worldwide.
We are in the business of helping individuals and institutional investors identify cryptocurrency mining investment opportunities.
Our core objectives are maintaining a high return on investment (ROI) using multi-coin mining agreements.
Through our knowledge and expertise in strategic insights and operational skills in Blockchain, we make sure all potential risks are avoided.
It is our mission to use the most efficient mining rigs to continually increase our hashing power to successfully mine the most profitable cryptocurrencies, providing our clients across the globe with the highest quality of service and world class return on investment consistency.
Cryptocurrency mining is a process in which transactions for various forms of cryptocurrencies are verified and added to the Blockchain digital ledger. Also known as cryptocoin mining, altcoin mining, digital asset mining or Bitcoin mining.
Cryptocurrency mining has increased both as a topic and activity as cryptocurrency usage itself has grown exponentially in the last few years.
Each time a cryptocurrency transaction is made, a cryptocurrency miner (NGS Crypto) is responsible for ensuring the authenticity of information and updating the Blockchain with the transaction.
The mining process itself involves competing with other crypto miners to solve complicated mathematical problems that are associated with a block containing the transaction data.
The first cryptocurrency mining rig to crack the code is rewarded by being able to authorise the transaction, and in return for the service provided, crypto miners earn small amounts of cryptocurrency of their own.
In order to be competitive with other crypto miners a cryptocurrency miner needs a computer with specialised hardware, which is where NGS Crypto comes to the table.
By entering into a mining investment with NGS Crypto you have the opportunity to mine crypto’s, including Horizen, in a safe and stable environment, earning between 9% – 15% ROI per annum, depending on your initial investment amount.
Benefits of Crypto Staking
Proof Of Stake (PoS) is the concept of a miner, mining or validating block transactions according to how many coins they hold. This means that the more Bitcoin or altcoin owned by the miner, the more mining power they have.
PoS was created as an alternative process to PoW. As mentioned above PoW requires huge amounts of energy whereas PoS gives mining power based on the percentage of coins held by the miner.
Overall, PoS is seen as a less risky procedure in terms of the potential for miners to attack the network, due to the way in which it is structures compensation.
NGS Crypto is always utilising the best technologies and up to date procedures in order to ensure our mining farm is always operating at full potential.
We specialise in both PoW and PoS when it comes to our mining procedures. It is our core belief that innovation and technology is at the forefront of our digital asset mining operations and ensuring that the most efficient technologies are always used.