# The release of ZenIP 42406

**URL:** <https://horizen.discourse.group/t/the-release-of-zenip-42406/651>\
**Category:** News & Announcements\
**Created:** [June 6, 2024, 5:12pm UTC](https://horizen.discourse.group/t/the-release-of-zenip-42406/651 "2024-06-06T17:12:27Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Manon](https://yyz1.discourse-cdn.com/flex035/user_avatar/horizen.discourse.group/manon/32/5_2.png) [@Manon](https://horizen.discourse.group/u/Manon)\
**Post date:** [June 6, 2024, 5:12pm UTC](https://horizen.discourse.group/t/the-release-of-zenip-42406/651/1 "2024-06-06T17:12:27Z")

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Hi [@everyone](https://horizen.discourse.group/groups/everyone)!

The release of ZenIP 42406: Strategic Technical Plan for the Migration of $ZEN and EON ✨

We’re thrilled to announce the release of ZenIP 42406, detailing the strategic technical plan for migrating $ZEN and #HorizenEON to a new and more advanced blockchain architecture.

This proposal seeks community approval for a migration designed to:  
✅ Boost overall network performance  
✅ Integrate cutting-edge zk proof systems  
✅ Enhance the utility of $ZEN

Key Points include:  
🔹Horizen ($ZEN) and HorizenEON on a single new EVM-compatible blockchain  
🔹Position future Horizen to specifically support and power zk apps  
🔹Existing smart contracts on EON will be transitioned over including $ZEN in current liquidity pools  
🔹Snapshot-based migration  
🔹Advanced and seamless zkVerify integration

Important Notes:  
🔹ZenIP 42406 focuses on the technical roadmap  
🔹The max supply of 21M $ZEN remains unchanged

This migration is designed to become a pivotal step in Horizen’s evolution, aligning with Horizen’s long-term vision of becoming a home for ZK and ensuring desirable utility for $ZEN.

The voting will start on 6/18. Your participation is crucial for our journey forward! Read the full proposal and join the discussion on Discourse! 👇

> [@ZenIP 42406 PROPOSED: Technical Roadmap for the Migration of $ZEN and EON](https://horizen.discourse.group/t/zenip-42406-draft-technical-roadmap-for-the-migration-of-zen-and-eon/648):
>
> Preamble ZenIP: 42406 Title: Technical Roadmap for the Migration of $ZEN and EON Owner: Zain Cheng Discussions-To: zain@horizenlabs.io Status: Draft Type: Technical Created: June 6, 2024 License: MIT Abstract This proposal details the strategic technical plan for transitioning the $ZEN cryptocurrency from the current Horizen Mainchain and Horizen EON EVM to an advanced blockchain architecture, EON 2.0. The initiative seeks community approval for this migration, which ai…