Horizen, a technology platform for businesses and developers to create their own public or private blockchains, has officially rolled out the final testnet of its Zendoo sidechain and scaling technology. In addition to the testnet version, Horizen has partnered with HackerOne for a bug bounty program. This program aims to encourage the hacker community at large to make Zendoo more secure. Rewards range from $ 300 for low risk bugs to $ 10,000 for critical level vulnerabilities.
Taking advantage of zero-knowledge SNARK technology (zk-SNARKs), Zendoo is the first completely decentralized and fully customizable sidechain protocol on the market. Unlike other sidechain solutions, Zendoo is designed to be completely decentralized as it does not rely on any central authority or third party validator. It also aims to solve the biggest challenges most blockchains face: scalability, flexibility, privacy and auditability.
The Zendoo system architecture uses a modular protocol that emphasizes functionality rather than design. This framework allows any type of rules to be deployed as a sidechain, whether it is a blockchain or another type of computer system. This modularization allows massive scalability, application design freedom, and flexibility.
Zendoo is also fully equipped to enable verifiable communication between side chains and the Horizen main chain without third party validators through the use of zk-SNARKs technology. This approach allows users to build verifiable and data privacy-preserving applications to address real-world use cases.
“Horizen has come a long way since day one. Our mission has always been to foster an ecosystem enabling the creation of a blockchain and independent applications for real use cases, ”said Rob Viglione, co-founder of Horizen. “By achieving this goal, we are also able to deliver massive throughput and customization to our users without compromising decentralization. We can’t wait to see what the community is building using our technology. The release of Zendoo’s final testnet stage brings us one step closer to launching our mainnet.
To receive more information about Zendoo and Developer Hackathons, please sign up for the Horizen Early Adoption Program, and to learn more about Horizen, visit: https://www.horizen.io
Launched in 2017, Horizen is the zero-knowledge blockchain network. Horizen offers developers the best tools to create tailor-made private or public blockchains on the largest network of nodes. Horizen’s unique verifiable crosschain protocol, Zendoo, enables massive throughput without compromising decentralization. By leveraging Horizen, developers can have the freedom to fully customize their blockchains, including consensus choices, speed level, privacy, and crypto-savings. For more information, visit horizen.io