Horizon Announces EON 2.0 Migration Plan for Enhanced Performance and Utility

IconCryptoNewsTerminal Staff29 May, 2024

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Horizon Announces EON 2.0 Migration Plan for Enhanced Performance and Utility

Horizon (ZEN), the blockchain platform, recently announced its plans to migrate its EVM-compatible sidechain and smart contract platform, Horizon EON, and its ZEN token from the current Horizon mainchain to EON 2.0. This migration is aimed at improving the blockchain's performance and expanding ZEN's utility. Horizon Labs will oversee the transition, which is a significant step forward for the platform and its users. Horizon's EON sidechain has witnessed substantial growth since its launch, attracting developers and users alike. The migration to EON 2.0 promises enhanced scalability, security, and interoperability. EON 2.0 will utilize a new consensus mechanism, offering faster transaction processing and improved energy efficiency. Furthermore, the migration will pave the way for ZEN's integration with other blockchains and ecosystems. This will expand ZEN's utility and make it more accessible to a broader user base. Horizon's commitment to innovation and user experience is evident in this strategic move, which is expected to propel the platform to new heights.

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