What Is Horizen?
Horizen is the most secure interoperable blockchain ecosystem supported
by the largest and most decentralized multi-tiered node infrastructure in the industry. The sidechain platform focuses on scalable data privacy and enables businesses and developers to custom build their own public or private blockchains using its unique sidechain
Horizen Storage Key Points
|Circulating Supply||453,509,553.92 LINK|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
Transparency And Fairness
The Horizen goal is to decentralize the decision-making processes for resource allocation and other substantive changes to the system. The Improvement Proposal System (ZenIP) standardizes the process for suggesting major changes to the codebase and protocols. This is a key element of transparent, collaborative, and stable governance. Bringing other organizations into the ecosystem, extending decision-making authority to collaborative processes, like ZenIPs, and ultimately implementing a democratic system where every ZEN holder is a voter.
The Zendoo sidechain SDK includes all necessary components required for building blockchains and their custom business logic with the Horizen public blockchain as the mainchain. The Zendoo framework allows developers to focus only on the specific features of their blockchain and applications instead of low-level tasks, making the deployment of a complete blockchain system much easier and faster.
A Horizen scalable general-purpose blockchain system with a novel Cross-Chain Transfer Protocol that enables an unbounded and fully decentralized sidechain ecosystem. Sidechains enable blockchain scalability and extensibility by creating platform and application layers that are bound to the mainchain without imposing a signiﬁcant burden.
HDE is a platform that makes contributing to the blockchain system easy and rewarding. It simplifies the contribution process by gathering open GitHub issues and other tasks across repositories in one place and curating work for individuals or teams. HDE is also a social platform and educational resource for all levels of developers. It provides members with the opportunity to work on cutting edge technologies alongside the Horizen engineering team and developers from around the world.
Equipped with zk-SNARKs for elective privacy.
Horizen Protected against 51% attacks by enhanced consensus, multi-chain block notarization, and TLS end-to-end encryption.
Powered by the largest and most decentralized multi-tiered node infrastructure in the industry.
Horizen designed for extensive commercial usage in a fully customizable decoupled interoperable blockchain ecosystem powered by Zendoo.
At Horizen, they seek to empower people and bring the world together through technology and economic incentives to generate a robust and sustainable ecosystem.
Research & Development Focus
They consider it a priority to contribute to the broader blockchain ecosystem and body of knowledge. They have multiple active R&D projects in the pipeline with many more planned:
- Decentralized Autonomous Organization Treasury Study
- Scalability Study
- Privacy Study
Horizen invests in the continued R&D of blockchain technology.
Horizen strives to push technological boundaries and bring new products and services to those who need them most. Horizen’s culture is research-driven, and they believe in the development of open source technology. The R&D and Engineering teams are building an open, permissionless and multipurpose blockchain platform that will help make the world a better place. Below is the original whitepaper along with they updated Application Platform paper and the project-specific contributions to the Distributed Ledger Technology industry.
Horizen Contributing to open-sourced software projects benefits both contributors and projects, but it can be difficult to get started. The HDE makes contributing to the Horizen ecosystem as easy as finding open issues and earning rewards for your contributions. Navigating open issues is intuitive and they reward quality contributions with bounties. The HDE provides task information, structure, and the ability to find a team to work with for a seamless, user-friendly experience.