On February seventh, 2024, at roughly 12:00pm UTC, ZEN 5.0.0 will carry out a community improve on Mainnet by way of onerous fork at block #1502800. As earlier communications have acknowledged, after this tough fork it is going to now not be potential to carry out any transactions involving shielded addresses. It’s extremely advisable to maneuver funds out of the shielded pool earlier than then.
Failure to take away shielded ZEN from shielded addresses previous to the onerous fork will consequence within the lack of your shielded ZEN. It’s essential to notice that clear ZEN is just not affected by the onerous fork, simply shielded ZEN.
This transfer got here with the efficiently handed ZenIP 42207 earlier this 12 months, which enabled the whole elimination of the shielded pool from the Horizen mainchain. This modification constructed upon the deprecation of entry to the shielded pool enacted by ZenIP 42204 and is a response to the evolving regulatory atmosphere round privateness tokens, re-confirming and showcasing the challenge’s strategic pivot away from privacy-focused options. Because of this, it is going to now not be potential to conduct a personal transaction on Horizen or entry non-public addresses as of February 7, 2024.
This can be a full elimination of all non-public cost options from Horizen, efficient Feb 7, 2024. There might be no non-public cost capabilities in Horizen as of this variation. Common public funds, identical to Bitcoin, will proceed to be supported by Horizen. Horizen is not going to be a privateness cryptocurrency anymore when this takes impact on Feb 7, 2024.
Once more, we strongly advocate that each one customers with present funds in non-public addresses switch their funds to their very own clear addresses utilizing Sphere by Horizen or zen-cli earlier than February seventh, 2024. After February seventh, 2024 it is not going to be potential anymore to switch any funds inside the shielded pool to another deal with. Unshielding funds on to trade deposit addresses is strongly discouraged.
There’s a information on the Horizen Weblog on easy methods to De-Protect ZEN on Sphere Pockets, customers might want to de-shield any ZEN in a shielded deal with by transferring it out from the shielded pool.
The Horizen Ecosystem Workforce stays available to reply any questions round this, please open up a ticket, or attain out to us on our Discord.
About Horizen EON
Horizen EON (https://eon.horizen.io/) is an EVM-compatible sensible contracting platform and the primary of many sensible contract sidechains within the Horizen ecosystem. Horizen EON permits builders to effectively construct and deploy decentralized functions (dapps) on Horizen whereas benefiting from EVM compatibility. Horizen EON is constructed with scale and person experiences in thoughts, on Horizen’s highly effective horizontally scaling protocol, Zendoo.
On February seventh, 2024, at roughly 12:00pm UTC, ZEN 5.0.0 will carry out a community improve on Mainnet by way of onerous fork at block #1502800. As earlier communications have acknowledged, after this tough fork it is going to now not be potential to carry out any transactions involving shielded addresses. It’s extremely advisable to maneuver funds out of the shielded pool earlier than then.
Failure to take away shielded ZEN from shielded addresses previous to the onerous fork will consequence within the lack of your shielded ZEN. It’s essential to notice that clear ZEN is just not affected by the onerous fork, simply shielded ZEN.
This transfer got here with the efficiently handed ZenIP 42207 earlier this 12 months, which enabled the whole elimination of the shielded pool from the Horizen mainchain. This modification constructed upon the deprecation of entry to the shielded pool enacted by ZenIP 42204 and is a response to the evolving regulatory atmosphere round privateness tokens, re-confirming and showcasing the challenge’s strategic pivot away from privacy-focused options. Because of this, it is going to now not be potential to conduct a personal transaction on Horizen or entry non-public addresses as of February 7, 2024.
This can be a full elimination of all non-public cost options from Horizen, efficient Feb 7, 2024. There might be no non-public cost capabilities in Horizen as of this variation. Common public funds, identical to Bitcoin, will proceed to be supported by Horizen. Horizen is not going to be a privateness cryptocurrency anymore when this takes impact on Feb 7, 2024.
Once more, we strongly advocate that each one customers with present funds in non-public addresses switch their funds to their very own clear addresses utilizing Sphere by Horizen or zen-cli earlier than February seventh, 2024. After February seventh, 2024 it is not going to be potential anymore to switch any funds inside the shielded pool to another deal with. Unshielding funds on to trade deposit addresses is strongly discouraged.
There’s a information on the Horizen Weblog on easy methods to De-Protect ZEN on Sphere Pockets, customers might want to de-shield any ZEN in a shielded deal with by transferring it out from the shielded pool.
The Horizen Ecosystem Workforce stays available to reply any questions round this, please open up a ticket, or attain out to us on our Discord.
About Horizen EON
Horizen EON (https://eon.horizen.io/) is an EVM-compatible sensible contracting platform and the primary of many sensible contract sidechains within the Horizen ecosystem. Horizen EON permits builders to effectively construct and deploy decentralized functions (dapps) on Horizen whereas benefiting from EVM compatibility. Horizen EON is constructed with scale and person experiences in thoughts, on Horizen’s highly effective horizontally scaling protocol, Zendoo.
