Horizen Builds Toward Goal Of Secure, Private & Scalable Ecosystem
Click HERE for the full copy of this report in PDF format.
Horizen is a blockchain platform structured as a cross-chain network that provides infrastructure and tools to support the creation of third-party decentralized applications ("dApps") with elective privacy features. At the beginning of Q4 2020, we released our primer report Horizen: Web 3.0 Platform Targeting Big Tech Super App Disruption, followed by an update note at the end of Q4 2020 Horizen Update: ZEN Moving Higher As Halving Approaches. Since our last note's publication, Horizen has witnessed consistent growth in nodes deployed and a substantial increase in the number of wallets holding Horizen's native ZEN token. Horizen is now entering a new development phase as Zendoo, Horizen's sidechain solution, is launched on a public testnet and prepares for a mainnet launch.
Horizen's unique sidechain architecture aims to bridge scalability with privacy and security. Horizen utilizes modular Proof-of-Stake (PoS) sidechains to institute custom sets of rules on top of a central, secure proof-of-work (PoW) public mainchain. The custom sidechains are interoperable and can transfer value without requiring verification from the public mainchain, thus introducing a unique element of privacy and scalability ...Reports you may have missed
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