Binance Announcing Support Horizen (ZEN) Network Upgrade & Hard Fork

Binance recently declared its support for the rebranding and subsequent two-phase hard fork of the Horizen (formerly Zencash) network. The anticipated conclusion of phase one is scheduled to begin at 2023-09-19 19:00 UTC, with transactional advances and withdrawals of tokens expected to suspend at 2023-09-19 18:00 UTC, and followed through to its finale on 2023-09-26 10:00 UTC, suspending token withdrawals a few hours prior at 2023-09-26 09:00 UTC.

Compared to its contemporary Bitcoin Fork, Zcash, the secretive privacy platform of Horizen provides Cavity Protocol enterprise blockchain applications that can construct unique public or private frameworks utilizing the properties of blockchain technology. Emitting a total supply of 21,000,000 ZEN coins, and dispensing 14,137,706 ZEN which floats about the cryptocurrency markets today with a rate of $7.31 USD an ounce, retaining an enticing pull for many prospective investors nonetheless.

Robert Wilson author
Articles: 12200