Horizen.io co-founder Rob Viglione interview: the market has seen a positive trend
Moni
2021-10-02 01:56
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When discussing cryptocurrencies and blockchains in the future, Bitcoin may not be everyone's first thought.

Original text from:cryptogeek, Odaily translator | Moni

Original text from:

Rob Viglione:, Odaily translator | Moni

Cryptogeek: Hello everyone, for many of our readers, this may be the first time they have heard of the Horizen project. Could you please tell us what Horizen is first?

Horizen is the most secure and scalable blockchain ecosystem supported by the industry's largest, most decentralized, multi-layer node infrastructure. Through Zendoo, a unique scalability protocol, we can help enterprises and developers Build public or private blockchains and dApps on top of the ecosystem.

Rob Viglione:The Zendoo Protocol provides all the necessary components for users to easily and quickly deploy a fully customizable blockchain on Horizen while focusing on scalability, flexibility, and data privacy.

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We are very focused on bringing real world use cases into the Horizen ecosystem, as an example, we recently announced partnerships with Celsius, Morpheus. Use cases such as Celsius are using an automated audit blockchain that leverages zero-knowledge cryptography created on Horizen by Horizen Labs called zkAudit. With near real-time auditing, zkAudit can dramatically increase the transparency of the current audit process without revealing private client data, solving the biggest problem facing the audit process today.

Dash is also building a blockchain on the Horizen platform that will drive mainstream adoption of cryptocurrency payments and the growth of the Dash ecosystem while allowing users to be rewarded for their efforts, which will help strengthen Dash in the digital payments space competitiveness.

Rob Viglione:Morpheus.Network chose to build a supply chain on Zendoo and use it as a blockchain component of its own platform. By reducing operating costs, Zendoo allows companies to record supply on a public, permission-free and decentralized blockchain. Every step in the chain process, which also benefits Morpheus. In addition, Morpheus.Network will also explore the implementation of zero-knowledge technology and IoT device integration to provide users with better privacy capabilities for supply chain workflow automation. While Zendoo has not yet launched on mainnet, it is expected to be implemented soon, with initial plans for late Q3/early Q4. The project that goes live the fastest is Celsius' zkAudit blockchain, which is expected to be released this year. You can pay attention to relevant announcements.

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Cryptogeek: What are your priorities? ——Do you intend to develop ZEN as a cryptocurrency or develop your own blockchain platform and ecosystem? What is the relationship between them?

It's very exciting that Zendoo code releases will be created at the same time as Horizen (and in some cases Horizen Labs).

In addition, we also have an investment plan that will start development on Zendoo——Zen Ventures, hoping to better connect those projects and investors built on the Horizen ecosystem, and then plan to launch around zkAudit in the future Host a hackathon with Celsius.

Rob Viglione:We will continue to work with various businesses and projects to further grow the Horizen ecosystem and adopt Zendoo and zero-knowledge based blockchain solutions in real use cases.

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Cryptogeek: Can you tell us more about Zendoo’s sidechain solution, what is that solution? What are the potential uses? What is the current level of recognition?

Our cross-chain implementation is based on the "Latus" model, which uses recursive SNARKs technology so that nodes do not need to download the entire history of the blockchain. This design makes our cross-chain operations very portable. Latus also supports the use of zero-knowledge technology to achieve privacy, not only for transactions, but also for specific application data, which in turn makes it possible to protect user privacy so that real-world use cases can be built on Horizen cross-chain services.

Not only that, but recently we also released a new Proving System Whitepaper based on Marlin, which is optimized and modified for recursive proof combinations, so no trusted settings are required on the Zendoo protocol. This design also allows cross-chain Easier to customize and more efficient.

Rob Viglione:secondary title

Cryptogeek: According to data from Coinmarketcap, the current market value of ZEN has exceeded 730 million US dollars. In addition, Horizen also has a very large and active community with more than 100,000 Twitter fans. As a crypto project, how confident are you in the current cryptocurrency market?

Rob Viglione:The community has been supporting us over the past few years. From the beginning of this year to now, the upward trend of ZEN is indeed very obvious, and I believe that this upward trend should continue as the ecosystem continues to develop.

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Cryptogeek: Also according to Coinmarketcap data, ZEN is currently ranked 94th in the overall list of cryptocurrencies. Clearly, there is still fierce competition in the market. So how do you position yourself and what are your main differentiators compared to other altcoins today?

Cryptocurrency with full end-to-end encryption at the node and inter-node level. It is a proof-of-work, Equihash-based, mineable cryptocurrency with optional privacy features that allow you to control your digital footprint.

The main difference between Horizen and many other altcoins today is that we have put the main focus on our own ecosystem, rather than our cryptocurrency ZEN, ZEN will play the role of "fuel" for our ecosystem in the ecosystem. Provide support for transactions on the main chain, cross-chain and dApp. I believe that the price of ZEN is related to the usability and growth of the ecosystem, and many altcoins only focus on the "coin" level and fail to contribute to the further development of blockchain technology, which ultimately leads to unsustainable development. Horizen has also designed a decentralized governance model, combined with multi-pledger authorization, and is constantly optimized to best suit community flexibility. Horizen founders have established a token distribution mechanism that will allocate 20% of the blocks Rewards are used to sustainably fund the development of the Horizen ecosystem.

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Cryptogeek: Let’s talk about anonymity and privacy, what is the current level of anonymity in ZEN in use?

Rob Viglione:Horizen (ZEN) offers selective privacy features similar to Bitcoin, shielding Z addresses and public T addresses, but sending funds from a Z address to a T address will reveal the amount received. We currently have a huge node network of more than 40,000 nodes around the world, which also helps to improve the anonymity and decentralization of our transactions and cross-chains.

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Actually, I already touched on this in the last question, we have a node network of more than 40,000 nodes around the world, this kind of decentralized scale is very important, mainly for the following two reasons:

1. The scale of our node network improves the scalability, reliability, security and speed of the network, which in turn enhances the ecosystem's ability to resist certain types of attacks, and thus protects the privacy of my private transactions, ultimately driving Zendoo Massive growth of cross-chains and dapps on

Rob Viglione:secondary title

Cryptogeek: Let's talk about the cryptocurrency market. What do you think are the current trends in the altcoin market? What has changed in recent years?

Rob Viglione:secondary title

Cryptogeek: How do you see the future of the cryptocurrency market? Is it even possible for many different cryptocurrencies to retain their value and become a medium of exchange? Or will only a handful of major cryptocurrencies be left in the end?

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Cryptogeek: Bitcoin technology does not seem to be developing too fast. Do you think Bitcoin can maintain its leading position over the years?

Rob Viglione:When people think of cryptocurrencies, they naturally think of Bitcoin, and I believe that Bitcoin will always be the “leader” in the crypto space, especially as we witness increased mainstream adoption and involvement of mainstream financial institutions in Bitcoin. However, I think that as crypto adoption continues to increase, Bitcoin may not be everyone's top of mind when discussing cryptocurrencies and blockchain in the future.

Cryptogeek:secondary title

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