Privacy coins continue to be important in cryptocurrency markets.
While most cryptocurrency transactions are traceable on the blockchain, privacy coins utilize a range of protocols to obscure the addresses of transacting parties. Some privacy cryptocurrencies are private by default. Others offer identity-preserving features as an option.
Horizen is a technology platform with optional privacy features that aims to enable an application-rich and inclusive ecosystem to provide people with freedom and everyday usability.
Like other privacy coins, its privacy features are optional, offering both T-Addresses (transparent) and Z-Addresses (private). Z-Addresses utilize zero-knowledge cryptography to allow users to obfuscate transaction amounts and sender and receiver addresses.
BREAKOUT INDICATOR SHOWING STRENGTH FORMING ON HORIZEN