Horizen Launches EON on Gobi: A Game-Changing Step towards Enhanced Security and Performance

On April 21st, Horizen, a public chain that supports blockchain zero knowledge networks, announced the launch of Horizen EON on the permanent public testing network Gobi, which is its first publicly available proof of rights and EVM compatible smart contract side chain. In addition to launching the EON side chain, Horizen has also collaborated with Immunefi to launch a vulnerability reward program, providing up to $75000 in bonuses for reporting vulnerabilities to enhance the security and integrity of the EON platform.

Horizen announces the launch of its first EVM compatible side chain Horizen EON

Horizen, a public chain that supports blockchain zero knowledge networks, recently announced the launch of Horizen EON on the permanent public testing network Gobi. This marks a significant step towards achieving enhanced security and performance in the blockchain world. In addition to launching the EON side chain, Horizen has also collaborated with Immunefi to launch a vulnerability reward program, providing up to $75000 in bonuses for reporting vulnerabilities to enhance the security and integrity of the EON platform.

The Significance of Horizen EON Launch on Gobi

EON (Enhanced Operability of Transactions) is Horizen’s first publicly available proof of rights and EVM compatible smart contract side chain. The EON launch on Gobi is particularly significant because of Gobi’s position as a permanent public testing network, affording Horizen the opportunity to test its EON side chain in a real-world environment. This testing process will enable Horizen to continually optimize and fine-tune EON to ensure the platform’s security, scalability and interoperability.
By launching EON on Gobi, Horizen is taking a game-changing step towards enhanced security, performance, and scalability for the entire blockchain ecosystem. EON is designed to address the crucial issues of transaction speed, scalability, and flexibility that have plagued the ecosystem for years. With its superior modularity, interoperability, and the ability to execute cross-chain transactions, EON is well-positioned to meet the ever-evolving demands of the blockchain world.

A Collaboration with Immunefi to Enhance EON Security

In addition to launching the EON side chain, Horizen has also partnered with Immunefi to launch a vulnerability reward program designed to enhance the security and integrity of the EON platform. The program provides up to $75,000 in bonuses for reporting vulnerabilities in the EON codebase. This partnership with Immunefi, a renowned security solutions provider, demonstrates Horizen’s commitment to security, transparency, and ethical responsibility in the blockchain ecosystem.
The partnership with Immunefi adds another layer of security to the EON network, ensuring that the platform is secured by experienced and ethical security researchers. This approach will help to identify and mitigate potential vulnerabilities before they can be exploited and cause significant damage to the platform.

Conclusion

The launch of Horizen EON on Gobi represents a significant milestone in the evolution of blockchain technology. By providing enhanced security, scalability, interoperability, and flexibility, EON is well-positioned to meet the ever-evolving demands of the ecosystem. Furthermore, the partnership with Immunefi represents a strong commitment to security and ethical responsibility which will further enhance the integrity of the Horizen EON network.

FAQs

Q: What is Horizen EON?
A: Horizen EON is Horizen’s first publicly available proof of rights and EVM compatible smart contract side chain designed to address the issues of transaction speed, scalability, and flexibility in the blockchain ecosystem.
Q: What is Gobi?
A: Gobi is a permanent public testing network providing an environment for blockchain projects to test and optimize their platforms.
Q: What is the partnership between Horizen and Immunefi about?
A: The partnership is designed to enhance the security and integrity of the Horizen EON network by providing a vulnerability reward program for ethical security researchers.