We are excited to announce a milestone breakthrough on our technological journey – Horizen Sidechain Alpha, and a re-introduction of Horizen with a new whitepaper!
Horizen Technological Milestone – Sidechain Alpha
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 will give you a sneak peek into our decentralized, programing language and 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 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’s 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.
Horizen Whitepaper 2.0
Horizen has evolved significantly from its birth as ZenCash in May, 2017. This evolution is accelerating as our technological frontier expands and the environment in which we find ourselves changes. Therefore, along with the release of this milestone of our sidechain solution, we are also excited to re-introduce Horizen with a new whitepaper – A Blockchain Platform for Fully Customizable Decentralized Applications.
We are building a massively scalable general-purpose blockchain system with a novel Cross-Chain Transfer Protocol (CCTP) that enables an unbounded and fully decentralized sidechain ecosystem.
The whitepaper provides more detail on each component of the ecosystem.
Horizen’s new type of blockchain-based platform — a revolutionary system of blockchains with decoupled consensus linked through common Cross Chain Transfer Protocol (CCTP) — is indefinitely scalable, fully configurable to meet heterogeneous needs, and inclusive of embedded incentives for endogenous growth.
Our sidechain SDK will offer application developers a suite of tools to deploy blockchains that leverage a large compensated node network and a suite of textitzero knowledge privacy tools.
This technology presents a novel approach to compartmentalized architecture that both significantly extends design options and limits adverse spillover from those designs to other parts of the system. In this way, the Horizen ecosystem can grow to include a full complement of services provided by any number of design paths.
The system is governed by a diverse group of stakeholders in a decentralized, transparent, and collaborative process that balances interests, gives everyone a voice, and democratically allocates resources.
The Horizen team is committed to building a better, more inclusive future for society by providing tools that empower our users. This type of distributed, user-owned network offers a new way of bringing people together, creating and sharing value, and giving voice to everyone by participating in a common ecosystem built on a shared public infrastructure.
Learn more about Horizen Sidechains
This blog is part of our Horizen Sidechains Series. To learn more about our sidechains, please read:
- Horizen Sidechain SDK demo (video)
- Horizen Sidechain Node Synchronization Between Mainchain and Sidechains