ZenCash Announces Rebranding, Plans to Integrate DAO + Smart Contracts

News
Thu, 08/23/2018 - 16:38
Yuri Molchan
ZenCash changes its name
ZenCash Announces Rebranding, Plans to Integrate DAO + Smart Contracts
Cover image via U.Today

ZenCash, the coin at the far end of the top 100 coins’ list judging by the market capitalization volume has changed their name and is registered as Horizen.

The new website ready

The website of ZenCash has been changed correspondingly and users now can find there brand new interface and extra features.

ZEN is still the major virtual asset of the updated platform. The company now intends to launch a decentralized autonomous organization (DAO), introduce smart contracts and work with sidechains.

Major updates on the “Horizen”

The startup team plans to create a system of voting, which will enable the network members to make votes on proposals to do with the operation of the system. Apart from that the company intends to offer its users a ZenVault wallet, soon enough, and add block DAG protocols along with resistance to ASIC mining.

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The new vision

The team believes that the ZenCash platform has gone a long way of development and improvement and now it is time to boost the brand, so it better demonstrates the company’s mission, which is to give the humanity back their right to privacy all over the planet. From now on, as the website promises, the platform will host a lot of privacy-targeted apps, including a secure application for messaging.

Apart from that, the team plans to expand the scale of ZEN’s adoption around the world. Reportedly, members of the community have supported the company with their comments all along and the team finds it very encouraging and efficient.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.