1 year ago
The Horizen web is expected to acquisition a node upgrade connected June 7, developers confirmed earlier this week connected GitHub.
Per Messari data, the hard fork has been scheduled connected Horizen mainnet astatine artifact 1,363,115, estimated to get connected Jun. 7, 2023, astatine astir 13:00 UTC. Node operators person been asked to update to Zen v4.0.0 earlier May 31, 2023.
The upgrade would bring enhancements to Horizen’s sidechain mentation 2 and hole insignificant bugs encountered successful the existent node version.
Sidechains notation to autarkic networks that run atop a main blockchain, specified arsenic Horizen successful this case. These are akin to furniture 2 networks, but antithetic successful 1 cardinal aspect: Sidechains person their ain information mechanism, dissimilar furniture 2 networks which trust connected the information of their parent network.
Different sidechains tin beryllium customized to service circumstantial purposes, specified arsenic having a governance-focused sidechain oregon a decentralized concern (DeFi)-focused sidechain. This ensures an exploit successful 1 sidechain doesn’t interaction the other.
Horizen’s ZEN tokens person gained 8% implicit the past week, arsenic per Coingecko.
Edited by Parikshit Mishra.
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