Horizen is quickly making itself known among developers as a great platform on which to build their dapps.
The project itself is an open-sourced ecosystem that offers a powerful dapp platform with a unique sidechain protocol and is looking to go toe to toe with other popular DeFi platforms.
In 2017, Horizen was founded as a privacy-focused cryptocurrency project. As it evolved, the team realized they wanted to create something a little different than other projects. They saw the limitations in blockchain that hinder the development of dapps for real-world use cases and decided to create an ecosystem that was specifically designed with developers in mind.
Zendoo – Fully customizable, fully decentralized
The result of years of collaboration, study, and design by some of the top minds in blockchain, Zendoo’s interoperable blockchain platform offers a unique developer-centric build. Zendoo is fully customizable.
The platform emphasizes functionality and usability over design choice, allowing developers to build anything they want. Although the product’s beta does somewhat limit all of the choice options, in the future the platform will allow developers to customize everything about their own blockchain including the consensus mechanism.
On top of full customization, developers also are able to leverage the Horizen node system, which is one of the largest, most distributed node networks in the space. Decentralization leads to more security and increased redundancy, making Zendoo and obvious choice for many.
Horizen’s DeFi Partnerships
Although Horizen might be considered a new kid on the block, that hasn’t stopped it from securing major partnerships already. The most notable among them is the cryptocurrency rewards earning platform, Celsius.
Celsius, a leading interest income and crypto lending platform, recently announced their plans to begin building the next generation of their platform on top of the Horizen Zendoo ecosystem beginning in early 2021.
The partnership also includes the immediate listing of ZEN on the Celsius platform, and over the course of the next few months, Horizen and Celsius Network’s development teams will co-host a series of hackathons to extend the functionality of the DeFi platform.
They also recently released the announcement of their partnership with Sikoba, a decentralized blockchain-based system for peer-to-peer IOUs. By partnering with Horizen, Sikoba will further provide its users with the ability to obtain legal certainty, establish credit history, and verify financial transactions in a safer and more secure manner.
Horizen has teased a few other partnership announcements recently. Stating “that there will be more design partnerships announced in the coming months.”
The Horizen platform is looking to go head to head with projects like Ethereum, Polkadot, and Cosmos, and we look forward to watching the progress.
About Horizen
Launched in 2017, Horizen is a technology platform that enables businesses and developers to quickly and affordably create their own public or private blockchains on the largest node network in the industry. Through its fair and inclusive ecosystem, Horizen fosters a community where everyone is empowered and rewarded for their contributions. With its unique Sidechain technology, Zendoo, Horizen provides all necessary components for an easy and fast deployment of a fully customizable blockchain.
For more information, visit horizen.io.
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