MEXC Pioneer is partnering with Horizen which has recently launched Zendoo – the interoperability protocol that enables a zero-knowledge network of blockchains.
Zendoo has been designed by Horizen to ensure the highest standards of data integrity and design flexibility are met to provide users with unrivaled levels of scalability and privacy freedom. Boasting more than 47,000 nodes, Zendoo uses a zk-SNARK enhanced cross-chain transfer protocol (CCTP) and largest node network to ensure the maximum security, reliability and speed of the network.
The network and ecosystem is powered by Horizen’s ZEN token. Its specially designed proof of stake sidechains can manage one thousand transactions per second per chain at very low costs without compromising security. The network can support up to ten thousand independent blockchain running in parallel.
Now, Horizon has received the backing of MEXC Pioneer, a platform developed by the leading global cryptocurrency exchange, MEXC Global, to foster and develop promising new Web3 and DeFi projects and businesses. MEXC Pioneer launched earlier this month, announcing a $100m investment pool to aid teams starting out in the crypto industry.
Katherine Deng, VP of MEXC Global and the founder of MEXC Pioneer, said that Horizen’s Zendoo solution offered users zero-knowledge backed protection to their data, while placing user privacy at the centre of everything they do.
“We are thrilled to work alongside the Horizen team,” she said. “The way the Horizen team has built its Zendoo network means that the focus is on scalable data privacy. On top of that it allows businesses and developers to custom build their own public or private blockchains using Zendoo.
“Horizen is the perfect example of why we launched MEXC Pioneer, and we are excited to bring our technical and marketing expertise to bear to help make Horizen the success it deserves to be.”
Rob Viglione, the Co-founder and Team Lead of Horizen said:
“We are excited to be recognized by MEXC Pioneer as the next emerging blockchain ecosystem. We believe our focus on cutting-edge privacy technologies, coupled with our ability to achieve a highly flexible and scalable blockchain SDK while maintaining decentralization puts us in a separate league from other projects that have come before us.
“The support from our highly experienced partners at MEXC Pioneer will accelerate our path towards revolutionizing Defi, NFTs and other emerging sectors of the crypto ecosystem through our ZK-enabled cross-chain protocol, Zendoo.”
Established in 2018, MEXC Global is a centralized digital assets exchange that employs high-performance atching technology. In 2019, the exchange saw tremendous growth, gaining a five percent share of the global cryptocurrency trading market.
MEXC has worked with blockchains such as Polygon and Solana to help create better developer and user experiences across multiple networks.
About MEXC Global
Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. The core members of the team come from international enterprises and financial companies and have experience in blockchain and financial industries.