Horizen Staking

To actively participate in ZEN staking, a user must lock up a certain amount of coins, becoming a Forger. The more coins staked, the higher the likelihood of being selected to create (forge) a block. Another solution is to run a Super Node. To help run the infrastructure, users can use node hosting services.

Forger Nodes: Rewards are generated based on the forger's stake proportion from the previous two consensus epochs, which cover up to 25 hours. Regular payments to forgers occur every 100 mainchain blocks, or approximately every 4-5 hours, known as the withdrawal epoch. Additionally, a weekly payment is made on Mondays, determined by the number of blocks a forger created compared to the total blocks forged.

Super Nodes: Running this type of node earns operators 10% of the block reward.

While Miners create new block and validate transactions, Super Nodes maintain the logic migration from off-server clusters to sidechains,

which have better computation and storage.

Super Nodes will support multiple applications like ZenGrid, ZenXchange and others.

Horizen is an inclusive ecosystem where everyone is empowered and rewarded for their contributions. Horizen’s massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains utilizing the largest node network in the industry. Horizen’s Sidechain SDK provides all necessary components for easy and fast deployment of a fully customizable blockchain.

Horizen’s native cryptocurrency, ZEN, is a mineable PoW coin currently trading on exchanges including Bittrex, Binance, and Changelly. ZEN is integrated on major wallets including Horizen’s flagship app, Sphere by Horizen, a multifunctional wallet that serves as an interface with most Horizen products and services.

Launched on the 30th May 2017, Horizen (formerly Zencash) is a chainsplit of Zclassic.

All holders of Zclassic coins before block 110,000 were awarded ZenCash coins through an airdrop in a 1:1 ratio.