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Horizen’s Gobi Hard Fork Activation Is Now Complete

Twitter icon  •  Published il y a 10 mois  •  Hassan Maishera

The Horizen team announced in a tweet on Wednesday that its first Gobi hard fork activation is complete.

The Horizen team announced in a tweet on Wednesday that its first Gobi hard fork activation is complete. The hard fork is set to increase the security of the network by changing some of the fee parameters. Horizen has also implemented fixes to bugs that surfaced through its ongoing Bug Bounty program.

The Gobi hard fork activation is preparing the network for the mainnet launch of Horizen EON. Horizen EON is the network’s Ethereum Virtual Machine compatible sidechain. 

Horizen aims to build a Proof-of-Work (PoW) cryptocurrency, with a Proof-of-Stake (PoS) sidechain platform enabling fully customizable decentralized applications. ZEN, the native token of the Horizen ecosystem, is down by more than 2% in the last 24 hours and is trading at $6.11.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.