Growing during a crypto market contraction is a noteworthy feat. At Horizen, our approach is to conservatively build a strong foundation that will allow us to leapfrog and scale. We are focusing on key differentiating features and establishing business processes that will enable us to continue growing as an ecosystem.
Horizen Continues to Deliver
Our team accomplished so much in 3Q 2018, including releasing a major software upgrade ZEN 2.0.15 that includes a change to the Bitcoin consensus imposing a penalty to offline miners. The Bitcoin Consensus Enhancement can be adopted in any proof-of-work blockchain that uses the Bitcoin protocol. Horizen is proud to contribute to the open source blockchain community by making the Bitcoin Protocol Enhancement available to the world!
We are proud of our team, especially Alberto Garoffolo (Director of Engineering), Pier Stabilini (Sr. Software Engineer), and Rob Viglione (Co-Founder and Scientist) for devising an innovative mitigation to a decade-long risk. As some may remember, Horizen (formerly ZenCash) was hit by a 51% attack 2Q 2018 shortly after an external blog listed costs associated with conducting such attacks. After this list was published, our team began game-planning and preparing for a possible attack. Our prep work paid off as it turns out, we executed our mitigation plan and the attack was quickly contained. While the experience was unfortunate, it helped our engineering team creatively tackle an industry-wide issue.
If you haven’t updated to ZEN 2.0.15, please do so prior to 10/10/18.
Progress Across The Board
The Bitcoin Consensus Enhancement was unplanned, but we still managed to do a lot from the tech perspective:
- Released tracker software for Super Nodes
- Released Arizen 1.1.9
- Completed Trezor T integration and submitted PR to Trezor
- Continued development of our upcoming flagship wallet
- Began sidechain R&D
- Continued BlockDAG scaling solution R&D, and began development of the proposal system that will eventually be integrated with the DAO Treasury and Voting system
Our awesome Business Development (BD) team managed to integrate Horizen into 15 exchanges and partners.
Marketing conducted stakeholder and competitor research resulting in a flawless “brand expansion” to Horizen and launched the official Horizen Store offering customized designs created by our own design team, while our Support team provided you, our customers, excellent assistance. All of that while our Community Managers promoted Horizen in 32 cities around the world!
Horizen Team Continues to Expand
Horizen welcomed two new team members:
- Vano Narimanidze joined our BD team as a Community Manager in Georgia
- Jordan Bass, CPA and law student will bridge our Finance and Legal teams
- Fenwick and West LLP joined our legal team to supplement tech startup compliance
Want to see more? Expand the list below to a full list of Horizen’s 3Q accomplishments!
2018 3Q Accomplishments
TECHNOLOGY
- Mining software improvements S-NOMP
- Super Nodes beta – will host sidechains, dApps, and services
- Secure Nodes (end-to-end) encryption tracking system upgrades
- Bitcoin Consensus Change imposing penalty mechanism for offline mining (nefarious)
- Trezor T integration complete, submitted PRs to Trezor
- Released Arizen 1.1.9 – lite client – Batch split transactions & Secure Node login cert
- Released mining decision
- Horizen Nodes reach 22,000! Regular nodes, Secure Nodes, & Super Nodes
- Began sidechain research
- Selected BlockDAG as a solution for joint IOHK scaling study
- Continued development of flagship wallet
- Began development of proposal system
NEW EXCHANGE LISTINGS
- BitexBook
- DragonEx
- BitexBay.com
- SystemKoin.com
- ThreeBX.com
- IDAX.mn
- FUBT.top
- EscoDEX.com
- nusaX.co.id – community integration
- Coingamex.com – community integration
PARTNERSHIPS & INTEGRATIONS
- CoolWallet S – hardware wallet
- Netcoins – ZEN available to purchase via over 20k retail stores and OTC services
- Blockfolio – latest information about the project to 36K+ users
- Guarda – multicoin wallet
- Cred – micro-lending platform
- [charity] Tour de Crypto sponsorship supporting the Houston Women’s Area Center
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NEW TEAM MEMBERS
- Vano Narimanidze joined our Business Development team as a Community Manager in Georgia!
- Jordan Bass, CPA and law student will bridge our Finance and Legal teams!
- Fenwick and West law firm to supplement our legal team!
Zen Around The World In Q3
- Atlanta Bitcoin Embassy, Georgia, USA
- Horizen Meetup Los Angeles, California
- University of Edinburgh School of Law, Scotland
- Scottish Blockchain Meetup, Scotland
- OpenTech in Aberdeen, Scotland
- Blockchain Developer Meetup in Seoul, South Korea
- SingularDTV Meetup in Russia
- Berlin Meetup in Germany
- Afrolynk Conference in Berlin, Germany
- African Women in Technology in Nairobi, Kenya
- Horizen Meetup in Kampala, Uganda
- Secure Node training in Narobi, Kenya
- Super Node Workshop in Chongqing, China
- Campus Party Meetup in Milano, Italy
- Horizen Meetup in Queretaro, Mexico
- Horizen Meetup in Monterrey, Mexico
- OKEx Meetup in Moscow, Russia
- ETHLand Meetup in Germany
- Blockchain Forum in Nairobi, Kenya
- Crypto Study Session in Nagano, Japan
- Nagano Bitcoin meetup in Ueda, Japan
- Blockchain Hackathon in Minsk, Russia
- Horizen Meetup in Bogota, Colombia
- Horizen Meetup in Tbilisi, Georgia
- Crypto Monday Meetup in Paris, France
- Blockchain Summit in Suntec, Singapore
- Mittweida Meetup in Germany
- Trinity College in Dublin, Ireland
- Horizen Meetup in Caracas, Venezuela
- Horizen Meetup in Cucuta, Colombia
- Horizen Meetup in Medellin, Colombia
- Horizen Meetup in Amsterdam, Netherland
- Blockchain Competence Center in Budapest, Hungary
- ETC Summit in Seoul, South Korea
- BlockchainUA in Kiev, Ukraine
- Blockchain Live in London, UK
- Coinscrum Meetup in London, UK
- Blockchain Beach in Los Angeles, CA
Don’t see your country or city on the map/list? Help bring Zen into your city and organize a local event! Contact us and find out how we can work together to make this happen!
Moving Forward, One Step At A Time
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