MEXC Pioneer is collaborating with Horizen, which recently launched Zendoo, an interoperability protocol that enables a zero-knowledge blockchain network.
Horizen created Zendoo to meet the highest standards of data integrity and design flexibility in order to provide users with unrivaled levels of scalability and privacy freedom. Zendoo, which has over 47,000 nodes, employs a zk-SNARK enhanced cross-chain transfer protocol (CCTP) and the largest node network to ensure the network’s maximum security, reliability, and speed.
Horizen’s ZEN token powers the network and ecosystem. Its specially designed proof-of-stake sidechains can handle 1,000 transactions per second per chain at very low costs while maintaining security. The network can support up to 10,000 independent blockchains running concurrently.
Horizon has now received the support of MEXC Pioneer, a platform created by the world’s leading cryptocurrency exchange, MEXC Global, to foster and develop promising new web3 and DeFi projects and businesses. MEXC Pioneer debuted earlier this month, announcing a $100 million investment pool to help startups in the cryptocurrency industry.
According to Katherine Deng, VP of MEXC Global and founder of MEXC Pioneer, Horizen’s Zendoo solution provides users with zero-knowledge backed data protection while putting user privacy at the center of everything they do.
“We are excited to collaborate with the Horizen team,” she said. “The Horizen team’s Zendoo network is built in such a way that the emphasis is on scalable data privacy.” Furthermore, it enables businesses and developers to use Zendoo to create their own public or private blockchains.
“Horizen is the epitome of why we founded MEXC Pioneer, and we are thrilled to bring our technical and marketing expertise to help Horizen achieve the success it deserves.”
Horizen’s Co-Founder and Team Lead, Rob Viglione, stated:
“We are honored to be named the next emerging blockchain ecosystem by MEXC Pioneer.” We believe that our focus on cutting-edge privacy technologies, combined with our ability to create a highly flexible and scalable blockchain SDK while maintaining decentralization, distinguishes us from previous projects.
“With the help of our highly experienced partners at MEXC Pioneer, we will be able to accelerate our path toward revolutionizing Defi, NFTs, and other emerging sectors within the crypto ecosystem with our ZK-enabled cross-chain protocol, Zendoo.”
MEXC Global, founded in 2018, is a centralized digital asset exchange that uses high-performance matching technology. The exchange experienced tremendous growth in 2019, gaining a 5% share of the global cryptocurrency trading market.
MEXC has collaborated with blockchains like Polygon and Solana to improve developer and user experiences across networks.
MEXC Global Information
MEXC Global, founded in April 2018, is a digital asset trading platform with over 7 million users that provides users with one-stop services such as spot, margin, leveraged ETFs, derivatives trading, and staking. The team’s core members come from international enterprises and financial firms, and they have experience in the blockchain and financial industries.