The new version ZEN 5.0.4 is available to download on GitHub and via Docker.
Node Operators, please be sure to update to ZEN 5.0.4 before September 12th, 2024.
Learn more about this upgrade in our blog post: https://blog.horizen.io/mainnet-node-software-upgrade-zen-5-0-4-is-available-to-download/
Node Operators, please be sure to update to ZEN 5.0.4 before September 12th, 2024.
Learn more about this upgrade in our blog post: https://blog.horizen.io/mainnet-node-software-upgrade-zen-5-0-4-is-available-to-download/
Horizen Blog
Mainnet Node Software Upgrade: ZEN 5.0.4 is Available to Download - Horizen Blog
The new version ZEN 5.0.4 is available to download on GitHub and via Docker.
1/ ZenIP 42407 Proposal Published: Tokenomics for Horizen 2.0
The full ZenIP 42407 proposal has been posted to the Horizen DAO Discourse, have you had a chance to review yet? Let’s dive in with an overview of what it is and what it means for the Horizen Ecosystem!
What Is This About?
This proposal, submitted by Horizen Labs, puts forward a plan for future $ZEN allocations and emissions optimized for a vibrant ZK community built on the Horizen 2.0 blockchain. It is important to note that the maximum supply of 21 million $ZEN will be preserved in the proposed tokenomic model.
Why this ZenIP?
Horizen is undergoing a major upgrade from a proof-of-work UTXO model to a proof-of-stake EVM-compatible blockchain optimized for ZK. The vision has evolved from facilitating private value transfers to building an ecosystem that supports dApps specifically leveraging zero-knowledge technology.
The full ZenIP 42407 proposal has been posted to the Horizen DAO Discourse, have you had a chance to review yet? Let’s dive in with an overview of what it is and what it means for the Horizen Ecosystem!
What Is This About?
This proposal, submitted by Horizen Labs, puts forward a plan for future $ZEN allocations and emissions optimized for a vibrant ZK community built on the Horizen 2.0 blockchain. It is important to note that the maximum supply of 21 million $ZEN will be preserved in the proposed tokenomic model.
Why this ZenIP?
Horizen is undergoing a major upgrade from a proof-of-work UTXO model to a proof-of-stake EVM-compatible blockchain optimized for ZK. The vision has evolved from facilitating private value transfers to building an ecosystem that supports dApps specifically leveraging zero-knowledge technology.
2/ As a fair-launch project with no pre-mine and no ICO, Horizen’s current block reward allocations do not align with the modern needs for ecosystem growth. This plan aims to create a more effective tokenomics framework that accelerates ecosystem growth, equips the community with the resources to seize new opportunities, and honors the project’s legacy max supply cap.
This ZenIP covers:
🔷Review of Current Block Reward Allocations
🔷Proposed $ZEN Allocations for Horizen 2.0
🔷Collator and Delegator Rewards
🔷Changes to the Emission Schedule
🔷Horizen Foundation Allocation
🔷DAO Treasury
🔷Replacing the Halving Schedule
🔷And more!
ZenIPs are for the community to vote on and have a say in the future of Horizen! Join the conversation on Discourse to read the full ZenIP and share your thoughts!
👇
https://horizen.discourse.group/t/zenip-42407-proposed-tokenomics-for-horizen-2-0/718
This ZenIP covers:
🔷Review of Current Block Reward Allocations
🔷Proposed $ZEN Allocations for Horizen 2.0
🔷Collator and Delegator Rewards
🔷Changes to the Emission Schedule
🔷Horizen Foundation Allocation
🔷DAO Treasury
🔷Replacing the Halving Schedule
🔷And more!
ZenIPs are for the community to vote on and have a say in the future of Horizen! Join the conversation on Discourse to read the full ZenIP and share your thoughts!
👇
https://horizen.discourse.group/t/zenip-42407-proposed-tokenomics-for-horizen-2-0/718
💡ZenIP 42407 Explained: Proposed Changes to $ZEN Allocation
The latest ZenIP 42407 proposed by Horizen Labs outlines key updates proposed to $ZEN allocations to support the future of the #Horizen ecosystem.
Here is what you need to know:
▪️In A Nutshell▪️
This ZenIP proposes changes to how $ZEN emissions are distributed within the Horizen ecosystem as we upgrade to Horizen 2.0, a Proof-of-Stake EVM-compatible L1 blockchain with advanced zk capabilities.
If passed, it will reallocate $ZEN emissions to better align with Horizen’s new mission: supporting dapps and leveraging zero-knowledge technology.
Read the detailed in the latest X thread:
https://x.com/horizenglobal/status/1833559098698215912
The latest ZenIP 42407 proposed by Horizen Labs outlines key updates proposed to $ZEN allocations to support the future of the #Horizen ecosystem.
Here is what you need to know:
▪️In A Nutshell▪️
This ZenIP proposes changes to how $ZEN emissions are distributed within the Horizen ecosystem as we upgrade to Horizen 2.0, a Proof-of-Stake EVM-compatible L1 blockchain with advanced zk capabilities.
If passed, it will reallocate $ZEN emissions to better align with Horizen’s new mission: supporting dapps and leveraging zero-knowledge technology.
Read the detailed in the latest X thread:
https://x.com/horizenglobal/status/1833559098698215912
📖Your weekend reading material is here!
Our latest article talks about how Horizen 2.0 harnesses the power of #ZK to tackle some major challenges in blockchain and unlock the next wave of dApps.
Read now👉 https://mirror.xyz/0xF4D306be0E45E78bfE29588Bd018fe9CE405a62d/Wtw7iWonyEL-e6ublAEdl_HPtCJ0QAohR2lB8SKdCpc
Our latest article talks about how Horizen 2.0 harnesses the power of #ZK to tackle some major challenges in blockchain and unlock the next wave of dApps.
Read now👉 https://mirror.xyz/0xF4D306be0E45E78bfE29588Bd018fe9CE405a62d/Wtw7iWonyEL-e6ublAEdl_HPtCJ0QAohR2lB8SKdCpc
mirror.xyz
Overcoming Barriers with ZK
In the ever-evolving landscape of blockchain technology, zero-knowledge (ZK) proofs have emerged as a much-needed innovation.
https://x.com/HouseofZK/status/1834281917815882027
🩶 Excited to share that the latest episode of HoZK Radio by House of ZK is now LIVE on Spotify and Youtube
Don’t miss this insightful conversation with our Co-founder Rob Viglione
Rob explore his compelling story from physicist and mercenary mathematician to leading visionary in blockchain and ZK.
Rob explains the journey of Horizen, from its crypto-anarchistic origins to becoming a major player in the blockchain and ZK space.
He dives in to the upcoming Horizen 2.0 upgrade, an optimization of Horizen as an EVM-compatible chain for ZK applications, and the important role zkVerify will play in enabling fast, low-cost zkProof verification, unlocking new possibilities across multiple industries
🩶 Excited to share that the latest episode of HoZK Radio by House of ZK is now LIVE on Spotify and Youtube
Don’t miss this insightful conversation with our Co-founder Rob Viglione
Rob explore his compelling story from physicist and mercenary mathematician to leading visionary in blockchain and ZK.
Rob explains the journey of Horizen, from its crypto-anarchistic origins to becoming a major player in the blockchain and ZK space.
He dives in to the upcoming Horizen 2.0 upgrade, an optimization of Horizen as an EVM-compatible chain for ZK applications, and the important role zkVerify will play in enabling fast, low-cost zkProof verification, unlocking new possibilities across multiple industries
ZenIP 42407 Explainer: What is the 32.5% ZEN Allocation to Horizen Foundation, and how it will impact the Horizen ecosystem. Learn more and let us know what you think!👇
https://x.com/horizenglobal/status/1836086842157945110
https://x.com/horizenglobal/status/1836086842157945110
Poll: What is your $ZEN staking preference on Horizen 2.0?
Let us know👉 https://x.com/horizenglobal/status/1836768269245538509
Let us know👉 https://x.com/horizenglobal/status/1836768269245538509
X (formerly Twitter)
Horizen | Token2049🇸🇬 (@horizenglobal) on X
📊 Poll: What is your $ZEN staking preference on Horizen 2.0?
🔔ZenIP 42407 Voting Opens on September 24!
Get ready to cast your vote and help shape the future of the #Horizen ecosystem!
Be sure to review the full proposal and understand how these changes could impact Horizen's future.
We've broken down the proposal to help you better understand what each change means for the future of Horizen:
▫️ What are the Proposed Changes to ZEN Allocation: https://x.com/horizenglobal/status/1833559098698215912
▫️ Understanding the 40% ZEN Allocation to Collator Rewards:
https://x.com/horizenglobal/status/1835683476336419110
▫️Understanding the 32.5% ZEN Allocation to the Horizen Foundation:
https://x.com/horizenglobal/status/1836086842157945110
▫️What Will Happen to ZEN Halving Schedule:
https://x.com/horizenglobal/status/1836494042567418325
Get ready to cast your vote and help shape the future of the #Horizen ecosystem!
Be sure to review the full proposal and understand how these changes could impact Horizen's future.
We've broken down the proposal to help you better understand what each change means for the future of Horizen:
▫️ What are the Proposed Changes to ZEN Allocation: https://x.com/horizenglobal/status/1833559098698215912
▫️ Understanding the 40% ZEN Allocation to Collator Rewards:
https://x.com/horizenglobal/status/1835683476336419110
▫️Understanding the 32.5% ZEN Allocation to the Horizen Foundation:
https://x.com/horizenglobal/status/1836086842157945110
▫️What Will Happen to ZEN Halving Schedule:
https://x.com/horizenglobal/status/1836494042567418325
X (formerly Twitter)
Horizen (@horizenglobal) on X
Understanding the 40% Allocation to Collator Rewards
gm🌅 ZenIP 42407 is open for voting TOMORROW!
Are you ready to make an informed decision?
One major part of this proposal is a 27.5% allocation of $ZEN emissions to the DAO Treasury to fund key community initiatives and drive long-term growth, such as:
🔶Supporting zkApp development
🔶Funding grants and growth projects
🔶Empowering the community through decentralized decision-making
Learn more about how this allocation will impact Horizen's future before you cast your vote 👇https://x.com/horizenglobal/status/1837536695384002879
Are you ready to make an informed decision?
One major part of this proposal is a 27.5% allocation of $ZEN emissions to the DAO Treasury to fund key community initiatives and drive long-term growth, such as:
🔶Supporting zkApp development
🔶Funding grants and growth projects
🔶Empowering the community through decentralized decision-making
Learn more about how this allocation will impact Horizen's future before you cast your vote 👇https://x.com/horizenglobal/status/1837536695384002879
🗳Voting for ZenIP 42407 is Now Open🗳
The Horizen community can now vote on ZenIP 42407, which introduces new ZEN tokenomics designed to drive long-term growth and sustainability for Horizen 2.0.
Cast your vote now👉https://snapshot.org/#/horizenfoundationtechnical.eth/proposal/0xea648f6529def23a80843f54aeaabc969066d9976b3101dfea9d73f8f136ab71
⏳Voting will remain open until September 27, 4PM (UTC)/12PM (ET)
The Horizen community can now vote on ZenIP 42407, which introduces new ZEN tokenomics designed to drive long-term growth and sustainability for Horizen 2.0.
Cast your vote now👉https://snapshot.org/#/horizenfoundationtechnical.eth/proposal/0xea648f6529def23a80843f54aeaabc969066d9976b3101dfea9d73f8f136ab71
⏳Voting will remain open until September 27, 4PM (UTC)/12PM (ET)
✅ZenIP 42407 Voting Result: Passed! ✅
We’re excited to announce that ZenIP 42407 has passed with nearly 100% of participants voting in favor of the proposal!
This pivotal milestone introduces major updates to $ZEN tokenomics and marks a new era for the Horizen ecosystem.
Here's what this means:
🔸 40% of $ZEN emissions to Collator and Delegator Rewards
Collators will secure the network and earn $ZEN rewards. $ZEN holders can delegate their tokens to Collators, participate in network security, and earn rewards in return.
🔸 32.5% to the Horizen Foundation
This supports long-term growth and ecosystem stability:
-- 15% for Ecosystem Development
-- 10% for $ZEN Growth & Stability
-- 7.5% for Infrastructure Support
🔸 27.5% to the DAO Treasury
To drive ongoing community development:
-- 17.5% for the ZEN Sustainability Initiative
-- 5% for Community Grants
-- 5% for Growth Marketing
We’re excited to announce that ZenIP 42407 has passed with nearly 100% of participants voting in favor of the proposal!
This pivotal milestone introduces major updates to $ZEN tokenomics and marks a new era for the Horizen ecosystem.
Here's what this means:
🔸 40% of $ZEN emissions to Collator and Delegator Rewards
Collators will secure the network and earn $ZEN rewards. $ZEN holders can delegate their tokens to Collators, participate in network security, and earn rewards in return.
🔸 32.5% to the Horizen Foundation
This supports long-term growth and ecosystem stability:
-- 15% for Ecosystem Development
-- 10% for $ZEN Growth & Stability
-- 7.5% for Infrastructure Support
🔸 27.5% to the DAO Treasury
To drive ongoing community development:
-- 17.5% for the ZEN Sustainability Initiative
-- 5% for Community Grants
-- 5% for Growth Marketing
🔸 No More $ZEN Halving
A smoothly declining emission rate will replace the traditional halving schedule, creating stability and predictability for $ZEN holders.
These changes set the stage for Horizen’s long-term success as a leader in the zk space, empowering the community and driving innovation.
A big thank you to all $ZEN holders who participated in the vote. Together, we’re taking Horizen to the next level!
See full ZenIP42407 and voting result: https://snapshot.org/#/horizenfoundationtechnical.eth/proposal/0xea648f6529def23a80843f54aeaabc969066d9976b3101dfea9d73f8f136ab71
A smoothly declining emission rate will replace the traditional halving schedule, creating stability and predictability for $ZEN holders.
These changes set the stage for Horizen’s long-term success as a leader in the zk space, empowering the community and driving innovation.
A big thank you to all $ZEN holders who participated in the vote. Together, we’re taking Horizen to the next level!
See full ZenIP42407 and voting result: https://snapshot.org/#/horizenfoundationtechnical.eth/proposal/0xea648f6529def23a80843f54aeaabc969066d9976b3101dfea9d73f8f136ab71
ZenIP 42407 recently passed, introducing major updates to $ZEN tokenomics, but what does it mean for the Horizen Ecosystem?
Join us this Thursday at 11am EST for an AMA to explore just that.
Set a reminder for the AMA here: https://x.com/i/spaces/1MnxnDywwWjGO
And be sure to drop your questions for the AMA as a reply to this tweet: https://x.com/horizenglobal/status/1840843490210558396
Or you can DM @nowlanbryan any questions you have as well.
We'll see you there!
Join us this Thursday at 11am EST for an AMA to explore just that.
Set a reminder for the AMA here: https://x.com/i/spaces/1MnxnDywwWjGO
And be sure to drop your questions for the AMA as a reply to this tweet: https://x.com/horizenglobal/status/1840843490210558396
Or you can DM @nowlanbryan any questions you have as well.
We'll see you there!
We’re live for an AMA on the New ZEN Tokenomics for Horizen 2.0, join us!
👇
https://x.com/horizenglobal/status/1841854521317675459?s=46
👇
https://x.com/horizenglobal/status/1841854521317675459?s=46
Happy Friday! 🥳
Looking for some weekend reading?
We just released the Horizen Q3 Review, covering everything accomplished in Q3!
🔹New ZEN Tokenomics
🔹Binance Removes Monitoring Tag for ZEN
🔹Horizen 2.0 Whitepaper Published
🔹And much more!
Dive in here:
👇
https://mirror.xyz/0xF4D306be0E45E78bfE29588Bd018fe9CE405a62d/_kb7oihytUd54F_t-L3yH0Y0COq7zVlYd8cxbzHIQ68
Looking for some weekend reading?
We just released the Horizen Q3 Review, covering everything accomplished in Q3!
🔹New ZEN Tokenomics
🔹Binance Removes Monitoring Tag for ZEN
🔹Horizen 2.0 Whitepaper Published
🔹And much more!
Dive in here:
👇
https://mirror.xyz/0xF4D306be0E45E78bfE29588Bd018fe9CE405a62d/_kb7oihytUd54F_t-L3yH0Y0COq7zVlYd8cxbzHIQ68
mirror.xyz
Q3 2024 Review: The Opening of A New Era for Horizen
The third quarter of 2024 was transformative for Horizen, as major governance decisions, tokenomics upgrades, and technical advancements set the stage for its next phase of growth.
LIVE NOW ▶️ Join an insightful conversation between our co-founder
Rob Viglione and Chainlens X Spaces to learn how zkVerify works with the Horizen network to deliver unmatched blockchain efficiency:
https://x.com/i/spaces/1MYxNMYVPrvJw
Rob Viglione and Chainlens X Spaces to learn how zkVerify works with the Horizen network to deliver unmatched blockchain efficiency:
https://x.com/i/spaces/1MYxNMYVPrvJw