We’re excited to share some big updates on #Horizen 2.0:
Consensus and Staking Mechanisms Complete We’ve finished all preparation work on the consensus and staking mechanisms for Horizen 2.0. Protocol-level staking will play a key role in securing the network and developing $ZEN’s tokenomics infrastructure. Horizen 2.0 will use the AURA (Authority-Round) consensus algorithm, where our new PoS-based system determines how collators are selected to produce blocks.
$ZEN Migration Ready We’ve also completed all preparation work for migrating $ZEN from the current #Horizen mainchain to the Horizen 2.0 chain! This ensures a smooth token claiming process for all $ZEN holders once Horizen 2.0 is live on mainnet. No action is required right now $ZEN holders will be able to claim tokens via a dedicated claim system on our website once we launch.
Next Milestone: Activating the Horizen 2.0 EVM
Stay tuned for more updates as we get closer to the big launch @everyone