Join Our Mailing List
Thursday June 01, 2023
Bitcoin (BTC) $26,965.22   Ethereum (ETH) $1,871.82
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Featured

Blockchain platform Horizen launches sidechain system, releases new whitepaper

Horizen’s SDK allows developers to build a customizable blockchain (sidechain) leveraging Horizen’s node network (~30K), ZEN token, and privacy features...

Published by CryptoNinjas.net
10/21/2019
Blockchain platform Horizen launches sidechain system, releases new whitepaper

Horizen, a distributed blockchain platform enabling decentralized applications (formerly known as ZenCash), today announced a milestone breakthrough in its technological roadmap – Horizen Sidechain Alpha, and a re-introduction of Horizen with a new whitepaper release.

The Horizen system is composed of the main Horizen blockchain and tradable ZEN token, a core protocol that behaves as a simple ”truth engine” and decoupled sidechains that are fully generalizable in consensus and any other design characteristics.

Sidechain

The Horizen engineering team has been designing a unique sidechain solution that allows developers and enterprises to quickly and affordably create their own blockchains. Today’s milestone provides a sneak-peek into Horizen’s decentralized, programing language consensus agnostic, and sidechain architecture.

“Horizen Sidechain Alpha is the first milestone in achieving our vision of creating an application rich environment that will bring blockchain benefits to life, including privacy and decentralization. Horizen is built from a community with a strong ethos of privacy being a natural right. This new research and development direction is going to allow Horizen to have unbounded design opportunities while paving a more resistant path to achieve data privacy and freedom.”
– The Horizen Team

The Horizen Sidechain system architecture allows a modular protocol that stresses functionality over design choice. This framework allows any type of rules to be deployed as a sidechain – whether it is a blockchain or other types of computing systems. The Horizen mainchain function is purely to check whether such rules have been followed and to provide a common token of value.

This modularization permits massive scalability, application design freedom, and flexibility such that any component can be changed over time so long as the interfaces conform to standards.

Developers

Horizen is also launching the Horizen Developer Environment (HDE), a project to foster open-source software development as well as non-code-related contributions to the Horizen blockchain ecosystem. The goal of the HDE is to amplify the benefits of contributing to open source software and improve the Horizen ecosystem at the same time.

Horizen Whitepaper 2.0

Horizen has developed significantly from its birth as ZenCash in May, 2017. Therefore, along with the release of this milestone of the sidechain solution, the Horizen team has also re-introduced Horizen with a new whitepaper – A Blockchain Platform for Fully Customizable Decentralized Applications.

The whitepaper details information on the Horizen general-purpose blockchain system with Cross-Chain Transfer Protocol (CCTP) that enables an unbounded and fully decentralized sidechain ecosystem.

132
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Horizen and Dash team up to launch “reward marketing amplifier blockchain”

08/25/2021
Horizen and Dash team up to launch "reward marketing amplifier blockchain"

Horizen Labs, developer of an all-in-one public blockchain platform, today announced a new partnership with Dash, the payments-focused and e-commerce cryptocurrency to create a “reward marketing amplifier blockchain application.” The new blockchain will rewards...

Read more

DIA to bring financial data oracle capabilities to Horizen

03/16/2021
DIA to bring financial data oracle capabilities to Horizen

Horizen, a platform enabling users to create their own public or private blockchains, announced today a partnership with DIA (Decentralised Information Asset), an open-source data and oracle platform. This partnership will extend the functionality...

Read more

Horizen and StakeHound partner to launch new DeFi bridge for ZEN token

03/08/2021
Horizen and StakeHound partner to launch new DeFi bridge for ZEN token

Horizen, a bl platform that enables businesses and developers to create their own public or private blockchains, today announced a partnership with StakeHound, a liquid staking enabler. StakeHound will enable users to participate in...

Read more

Horizen to integrate IOTA Oracles on its sidechain protocol Zendoo

03/01/2021
Horizen to integrate IOTA Oracles on its sidechain protocol Zendoo

Horizen, a technology platform that enables businesses and developers to create their own public or private blockchains, today announced a partnership with IOTA, an open-sourced, feeless data and value transfer protocol. This partnership will...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Token.io launches new spin-out company focused on digital money solutions

Token.io launches new spin-out company focused on digital money solutions

12/10/2019
Gemini expands crypto exchange account coverage limit to $200 million

Gemini expands crypto exchange account coverage limit to $200 million

01/16/2020
RockX broadens suite with launch of new ether (ETH) native staking solution

RockX broadens suite with launch of new ether (ETH) native staking solution

05/23/2023
The Sandbox teams with Hex Trust to enable licensed and secure custody of its virtual assets

The Sandbox teams with Hex Trust for licensed, secure custody of its virtual assets

05/10/2023
CoinFlip launches new self-custodial cryptocurrency wallet platform 'Olliv'

CoinFlip launches new self-custodial cryptocurrency wallet platform ‘Olliv’

04/28/2023
Crypto exchange Deribit to launch zero-fee spot trading

Crypto derivatives exchange Deribit to launch zero-fee spot trading

04/20/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy