A privacy-focused ecosystem for interoperable blockchains at scale
Blockchains have traditionally grappled with tensions between scalability, security, and decentralization. Horizen solves this through its innovative application of cryptography. The massively scalable platform enables businesses and developers to quickly and affordably create their own public or private blockchains.
The Horizen network is composed of its main chain, secured by Proof-of-Work, and an ecosystem of sidechains, secured by Proof-of-Stake. Zendoo, the sidechain platform, extends the Horizen network from a cryptocurrency to a privacy-preserving platform that scales for commercial applications. It is powered by a multi-tiered node system, comprising Super Nodes and Secure Nodes, which cost 500 ZEN and 42 ZEN, respectively, to operate.
01 How do I stake ZEN with Foundry?
Horizen offers multiple options for staking ZEN. You can either stake from multiple wallets, at a 1:1 ratio nodes and wallet funded with ZEN required per node (42 for Secure Node and 500 Super Node). For example, if you want to stake 420 ZEN, you would have 10 unique wallet addresses funding 10 unique nodes.
The second option for staking ZEN utilizes Horizen’s single address staking feature. This allows users to stake on multiple nodes from a single address. Users can also select up to 5 payout addresses for rewards.
Foundry supports both options for ZEN staking. Contact us at [email protected] to get started.
02 What is the difference between a Secure Node and a Super Node?
Secure Nodes and Super Nodes are both crucial to securing the Horizen Network. Secure Nodes require 42 ZEN per node while Super Nodes require 500 ZEN per node. The nodes also have different technical requirements.