Privacy project Horizen relaunches on Base as a Layer 3 network
According to ChainCatcher, Horizen's Layer 3 network has officially launched its mainnet on Base, marking the latest stage in the evolution of this long-standing privacy network.
Although this launch coincides with renewed attention on "privacy coins," Horizen had already officially initiated its transition from Layer 1 to Layer 3 as early as February this year, following a DAO resolution to gradually phase out the old chain.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI trend continues to drive momentum, global tech stocks lead gains, bond markets strengthen collectively, and oil prices may experience the longest decline in a year.
The Seoul Composite Index in South Korea rose 0.49%, paring some of its early morning gains. Brent crude fell 1.2% to around $94 per barrel, facing its longest losing streak in nearly a year. The decline in oil prices has eased market concerns over inflation, which had previously been driven up by yields reaching multi-decade highs, putting pressure on the bond market. Both Australian and New Zealand 10-year government bond yields dropped by at least 3 basis points, while US Treasury futures climbed in tandem.
