The creators focused on the privacy of users of cryptocurrency ZenCash announced the expansion of an existing brand, in which the project changed the name, designed to display technical and commercial progress made since the launch in may 2017.

The new project name now sounds like Horizen. Also presented the new logo, while the main focus is on the Treasury oncein-voting system and supporting smart contracts sydeny.

Our brand expansion represents our community”s perspective with a refined strategic vision while providing a hint to our heritage. Hello Horizen! Learn more about our rebrand from Co-founders @robviglione and @RolfVersluis https://t.co/wTiJsZJoMO

— Horizen (@horizenglobal) August 22, 2018

At the same time, representatives of the project, traded on the stock exchanges of the cryptocurrency will retain the same Ticker symbol ZEN.

“ZenCash project has achieved a great deal since the launch last year, and now it’s time to expand our brand in order to more accurately reflect our mission the global promotion of fundamental human rights to privacy”, — said the President and co-founder of Horizen Robert vil’on.

According to him, what had once started as a privacy-oriented cryptocurrency, transformed into a broader and more plentiful the platform that will cover a number of applications, including secure messaging and placement records.

“Brand Horizen fully embodies our technically-innovative mission and aspirations of the community is a conceptual platform with a focus on privacy, in which people can believe and to which they can be,” added Robert vil’on.

With the expansion of the brand platform promises to let users and other features, except for p2p transactions using the cryptocurrency ZEN. This includes censorship-resistant publishing activity, the opportunity to create privacy-oriented app, as well as the ability to generate a basic income by owning your own personal data.

In addition, Horizen will receive a Treasury system of voting that allows the community members to vote on issues such as the allocation of resources for work offers. Also in the plans of developers working on the wallet ZenVault, protocols blockDAG for a more substantial zoom, and resistance to ASIC mining.

We will remind, earlier this month, the developers ZenCash reported that the number of gcd that focused on increased privacy of bitcoin has reached 17 000, which, according to them, makes this network the largest and most decentralized in blachan space.

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