Horizen, a privacy-centric blockchain utilizing zero-knowledge proofs (ZKPs), has announced its migration to Base, the Layer 2 chain by Coinbase. This move is significant, marking Horizen as the first appchain specializing in privacy within the Base ecosystem. The integration emphasizes the growing need for privacy in blockchain applications, as transparency alone can compromise sensitive information for users. The use of zero-knowledge proofs offers crucial privacy solutions that ensure confidentiality while maintaining the integrity of blockchain transactions, paving the way for broader adoption across various sectors.
Public ledgers like Ethereum excel at trustless verification, but they expose every transaction, wallet, and interaction to the world. For many individuals sending payments, businesses guarding trade secrets, and institutions handling sensitive data, this exposure is a dealbreaker.
As the world leans on blockchains, privacy isn't a luxury; it's a necessity. Unlike most chains, Horizen is built with privacy and confidentiality in mind, from the bottom up.
Horizen's migration to Base signals that the ecosystem is ready to meet this demand head-on, delivering privacy solutions that scale with global needs.
Zero-knowledge proofs (ZKPs) let one party prove a statement - like 'I own these funds' or 'I'm authorized to vote - without revealing any other information.
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