Coinspeaker
Horizen’s Proof Verification Chain Goes Live on Testnet

This launch is a notable event in the Web3 space since it is the first instance of a modular proof verification network.

The Objective of Horizen

Horizen revealed in a blog post that the goal of the testnet launch is to redefine blockchain efficiency with ZK proof verification and settlement layers. With this focus, prices for ZK rollup transactions and appchains are drastically reduced while efficiency is increased.

At its core, the new Horizen network comprises several critical components which include a revamped mainchain, proof submission interface, attestation mechanism, new Horizen smart contract, and Polygon zk-EVM rollup.

Driven by Substrate, the modular proof verification network is anchored by the Horizen mainchain. This network facilitates the exchange of ZEN, the native cryptocurrency of Horizen, as well as the validation of FFLONK Proofs produced by Polygon zkEVM instances.

With an eye toward the future, Horizen stressed that it is committed to breaking new ground in th...