Horizen EON 2023 - Achievements and Integrations

Horizen is the layer 0 public blockchain that enables the zero-knowledge network of blockchains. The ecosystem is powered by the largest node system and a massively scalable cross-chain protocol, Zendoo.

What makes EON special? It's sidechain not a layer-2 solution, meaning that all the tools will be benefit from the full power of the Horizen open-source public protocol.

The Horizen chain become EVM-compatible through the EON sidechain, and developers are now able to build fully customizable chains, including consensus, speed, privacy and crypto-economies. The achievements and integrations from 2023 will create the framework for an even better 2024.

Horizen's approach towards decentralized governance reached it's peak in September 2023, when the Horizen DAO was launched. As a community-driven project, Horizen recognized that a strong social layer is crucial for maintaining integrity across the ecosystem. This vision is directed by the guiding values of transparency, security, accountability, community involvement and social responsibility. 

The governance shifted to DAO votes, as the token holders will vote for Protocol Improvement Proposals (IPs). The Horizen DAO will decentralize decision-making for technical, non-technical, and other substantive improvements to the system. Each IPs will go through nine phases, until the implementation is finalized. 

The ZEN holders are the ultimate decision-makers for the future of Horizen and exercise governance over the network’s evolution through participating in the Horizen DAO. Join the discussion and learn more about it in the Horizen DAO Discourse or Discord.

Each IPs will start as a proposal idea, passing trough community feedback, drafting and moderation. The proposal will move to the voting phase only after the administrative moderation. 

ZenIP 42206 was the first Horizen community vote, and $ZEN holders decided that the Horizen Secure Node rewards to be redirected to Horizen EON forger nodes. The purpose was to drive the success of the Horizen EON network by increasing the security and decentralization of the network. 

The proposal reached quorum, and an astonishing 98.17% voted for the creation of a DAO-controlled address called “EON Forger Subsidies”. The mechanism will be set up on both EON and the Horizen blockchains. The 10% of the block reward currently paid to Secure Nodes will be redirected to the “EON Forger Subsidies” address on the Horizen mainchain. 

There will be an automated distribution of funds based on block forging, with an equal amount of ZEN paid out for each EON chain block forged, when forging becomes open to the public and the automated forward transfer is set up. All block subsidies will be distributed at the end of each Sidechain Consensus Epoch, while the Secure Node tracking service will be deprecated.

2023 Achievements and Integrations

• The expansion on Ethereum brings new partnerships, as Horizen will use Band Protocol to deliver decentralized oracle services for EON. The cross-chain data oracle platform will provide real-time price feeds and reliable data for Horizen EON.

• Horizen integrated Covalent for EON, bringing data visibility and unified data points for developers! The partnership will bring enhanced blockchain data aggregation process for developers to efficiently build on Horizen EON. 

• Horizen partnered with Ankr as one of the first RPC providers for EON! This strategic partnership brings enhanced accessibility, scalability, and reliability to the rapidly growing EON ecosystem.

• Horizen partnered with Auros to enhance liquidity for EON! Auros is a market-making and algorithmic trading firm, with experienced derivatives traders and trading system designers with over two decades of expertise.

• Horizen partnered with Wanchain to bring greater accessibility, scalability, and reliability within the Horizen EON ecosystem. The R&D-focused blockchain interoperability project is on mission to drive blockchain adoption through interoperability by building fully decentralized bridges that connect the world’s many siloed blockchain networks.

• The leading IT service provider and global innovation partner deployed a Horizen EON blockchain Certificate Signer Node on the NTT DATA infrastructure, which will contribute proactively to the credibility, security, and robustness of the Horizen EON network. 

• The first Horizen DAO community-led party took place in October, called simply ... HallowEON! Top attendance for the first community led party, and even Rob joined us and had some spooky fun! The educational content covered crypto security and top tips to stay safe, including recognizing scams. The HallowEON party covered all social aspects and was a stepping stone for future events.

Horizen strategic partnership with Tatum will make it much easier for developers to build using Horizen ecosystem by integrating Tatum’s easy-to-use blockchain development tools and framework. By leveraging with Tatum tools, EON will offer developers the ability to seamlessly integrate blockchain functionalities into their applications, coded in JavaScript.

The EON chain will now benefit from Tatum’s expertise in streamlining complex blockchain operations into concise lines of code.  The collaboration between Tatum and Horizen will help developers in these three key areas: 

• JavaScript Capabilities: Tatum will enable its JavaScript SDK to facilitate rapid and efficient development of Web3 applications on EON.

• Access to RPC Nodes: the introduction of the Horizen RPC on Tatum’s infrastructure ensures developers have a reliable and cost-effective way to build on EON. 

• Blockchain Data Retrieval via API: developers will benefit by directly accessing EON’s comprehensive blockchain data like querying token balances or monitoring transactions across multiple addresses.

Have you looked into Pyth after their airdrop was announced? If yes, then you should know that Pyth Network’s decentralized oracle services promise to establish a customizable, permissionless, and interoperable blockchain environment, designed to cater to the diverse needs of both developers and end users.

Why is this important? Because Pyth Price Feed is live on Horizen EON! The Pyth integration on EON will support a comprehensive range of applications across the fast-growing EON ecosystem including DeFi, gaming, and NFTs.

This collaboration will bring accurate and trusted on-chain market data to EON, empowering developers to enhance their smart contract capabilities and expand the possibilities for DeFi, gaming, and NFT applications.

With the integration of Pyth Network’s decentralized oracle services, EON will gain access to reliable market data. The upgrade will unlock unlimited possibilities for DeFi integrations, preparing for a myriad of dApps and services in the coming months.

Airdrop hunters will love this! The Horizen Network integrated the LayerZero protocol to bolster the Horizen EON ecosystem’s cross-chain capabilities, ensuring seamless and direct communication between various blockchains via arbitrary message bridging.

By integrating the LayerZero advanced messaging infrastructure, Horizen’s EON will offer enhanced interoperability, allowing data, assets, and information to be transferred across blockchains without compromising on efficiency or security.

Are you currently chasing a predicted token drop from a protocol that is already connecting over 40 blockchains and processing more than 75 million messages since its inception? You could tick more boxes by using EON! 

SpookySwap is the first DEX Multichain deployment on EON! The integration is set to boost the DeFi landscape, enhancing liquidity and fostering innovation on the Horizen EON ecosystem.

SpookySwap is renowned for the user-centric approach and innovative features, brings a wealth of experience and a vibrant community to EON. This integration will facilitate seamless asset swaps, yield farming, and liquidity provision, creating a robust environment for DeFi users and developers alike. 

SpookySwap’s innovative solutions and strong community engagement will bring easy access to EON tools, as both brands are committed  to advancing decentralized finance and setting new standards in the industry. 

Decentralized finance was simplified, with $ZEN deposits and withdrawals available for ZEN pairs. USDC is tradable against ZEN and wZEN, with additional pairs being enabled once a certain level of liquidity is achieved. 

Archon is a leading Web3 venture studio, enhancing Horizen EON’s functionality by creating a bridging protocol. Archon’s proficiency in a range of services, including smart contract design, UI/UX development, dApp development, and project management, will significantly enhance the functionality and user experience on the Horizen EON platform​​.

Archon is a Hong Kong-based Web3 venture studio specializing in creating Web3 solutions, focusing on speed and efficiency to deliver Minimum Viable Products (MVPs)​​. The transfer of various cryptocurrencies including ETH, WBTC, WZEN, USDT, USDC, DAI, and LINK, between the Horizen EON network, Ethereum and Avalanche network will be facilitated by the integration. 

Horizen EON integrated VetMe in the last day of November, bringing VetMe’s OTC trading features into the Horizen EON ecosystem and setting a new standard for flexibility and efficiency in blockchain trading.

VetMe is known for OTC trading options, providing maximum flexibility for its users. This feature allows traders to swap tokens without impacting market prices, giving them greater control over their trades. 

The concept of an OTC Dex is noteworthy, as it enables direct peer-to-peer transactions, providing a decentralized and efficient trading experience. VetMe leverages web3 technology to create a user-friendly and secure OTC Dex platform, ensuring fast and seamless transactions.

The Horizen EON ecosystem latest integration was Interport Finance. This integration will revolutionize cross-chain and single-chain trading within the ecosystem, by leveraging Interport’s innovative cross-chain messaging and meta DEX aggregation technology.

The addition of Interport Finance’s advanced trading solutions will enhance EON's interoperability, enabling seamless token swaps across various blockchains. This integration not only boosts the efficiency and security of cross-chain transactions but also signifies a step towards a broader vision of a cohesive digital finance ecosystem, where decentralized applications (dApps) can operate fluidly across diverse blockchains.

Let me conclude thus gigachad article with even more spoilers and alpha... NFT market soon to be deployed! 

There's a new Horizen for artists and maybe for Humble Tractors as well! Let's Go!