Horizen’s Web3 Modular Proof Verification Chain Hits Testnet
In a pioneering step for the blockchain community, Horizen has announced the successful deployment of its Modular Proof Verification Chain to testnet, marking a significant achievement in the project’s roadmap. This development introduces a novel layer in the modular blockchain ecosystem, specifically designed to streamline ZK proofs verification and settlements, heralding a new era for blockchain efficiency.
Horizen, known for its innovative approaches in the blockchain space, is setting new standards with its focus on ZK proofs verification. The adoption of this technology is expected to drastically cut costs and enhance efficiency for ZK rollups and appchains, making it a game-changer for developers and users alike. The deployment follows the approval of ZenIP 42400, a testament to Horizen’s commitment to leveraging cutting-edge development tools such as Substrate, Polkascan, and a host of other open-source resources, to bring their vision to fruition.
Shaping the Future of Web3
The testnet launch showcases the New Horizen network’s key components, offering a glimpse into the future of Web3 technology:
A Revamped Mainchain: At its core, the network features a mainchain powered by Substrate, setting the stage for a robust modular proof verification network. This enables the seamless exchange of $ZEN, Horizen’s native token, and the verification of FFLONK Proofs, crucial for the efficiency of Polygon zkEVM instances.
Proof Submission Interface: A user-centric interface allows for the straightforward submission of zk-rollups proofs to the Horizen network for verification, emphasizing the platform’s focus on accessibility.
Attestation Mechanism: Introduced to ensure transparency and integrity, this protocol, published on Ethereum, validates proofs, further securing the verification process.
New Horizen Smart Contract: This smart contract on Ethereum acts as both a storage and validation mechanism, enabling users to verify the inclusion of their proof in an attestation.
Polygon zk-EVM Rollup: A collaboration with Polygon’s CDK, this feature facilitates the generation and submission of proofs to Horizen’s proof verification chain, showcasing the potential for interoperability and efficiency.
This milestone is just the beginning for Horizen as it continues to forge paths in the modular blockchain domain, with a strong emphasis on reducing costs and enhancing efficiency for rollups. The team is already eyeing the next development phase, promising a slew of exciting advancements on the horizon. Looking ahead, Horizen plans to extend the compatibility of the New Horizen network with zkStack, aiming to broaden its interoperability and market reach.
Additionally, in alignment with its community-centric approach, Horizen will soon offer its community the opportunity to run testnet nodes and serve as validators, ensuring a collaborative and inclusive development process. As Horizen continues to navigate the complexities of the blockchain landscape, its latest achievement not only underscores its commitment to innovation but also positions the New Horizen network as a pivotal player in the future of Web3 technology.
