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Meetup Presentation
WHY? WHAT? HOW? WHO? Hosted by:
Agenda
‐ Why does Horizen exist?
‐ What is Horizen?
‐ Where are we now?
‐ Short term vision
‐ Long term vision
‐ A few bumps along the way
‐ Future Challenges
‐ Who are we?
‐ Get involved!
Brand Expansion - Reflecting our Future
Welcome to Horizen!
TM
Why Does Horizen Exist?
Basic human rights are being challenged:
Horizen was born from a desire to use technology to restore freedom, ensure basic human rights, and make the world a better place!
A fair and free world - CentralizationThe right to privacy - Information breachesFreedom of expression - RepressionThe right to democracy - Unfair voting systemsThe right to your own things - Mutable ownershipFreedom of thought - Restricted access to information
What is Horizen?
‐ Secure, Equihash-based PoW blockchain with sustainable funding model
‐ Cutting edge privacy technology ‘baked-in’ our infrastructure
‐ Decentralized for censorship resistance and fair governance
‐ Building upon the ideas of our peers to create an inclusive ecosystem
Treasury & DAO Optional Privacy zk-SNARKs
ScalabilityDAG (future)Blockchain Platform (future)
21 million max supply, no premine, no founders reward, no ICO!
Where Are We Now?One of the largest networks in the industry
○ 17,000+ nodes
We’re pushing the technology frontier with key R&D projects
○ Blockchain Scaling and Treasury Governance
We’re a world-class team operating as a full stack business ○ 50+ professionals organized into 7 divisions
Fully working wallets: desktop, mobile, paper, web & more!
We have industry-leading partners and advisors
First cryptocurrency with 24/7 customer support
Recent name change from ZenCash to Horizen
- An Inclusive Ecosystem
Open-source Volunteers(Coders, Community,
Grassroots)
NonprofitFoundation(s)
BusinessesImproving
InfrastructureDirect Users
of Infrastructureor Products
Miners &Node Operators
Investors in Infrastructure& Businesses
Incentive compatibility across groups, everyone needs to gain from participation
Horizen Improvements in Development
Mainchain with BlockDAG (PoW) Sidechains for Distributed Applications
Super Nodes
TreasuryVoting System
Businesses, dApps &
users
SecureNodes
Super Nodes MonitoringSecure Nodes
Philosophy
Sustainable Economics - Changing the world with
technology and carefully crafted economic incentives that
provide a robust, sustainable ecosystem
Autonomous - Horizen is implementing a decentralized
governance model using liquid democracy where users can
delegate votes and get paid to vote
R&D Focus - DAO, Scalability Study, Sidechains
Privacy - Transparency - Decentralization
16,000+ 1,800+
Research and Development ● Input Output Hong Kong (IOHK)
○ Developed a fair and transparent treasury governance model
○ Scaling with BlockDAG research● InfoPulse
○ R&D implementation team
Institutional Investors● Digital Currency Group (DCG)● Grayscale● Genesis Trading
Exchanges, POS & merchants● 30+ exchanges, including Bittrex and Binance● 3 Point of Sale providers, many merchants
Current Partnerships
We are creating an antifragile organizationMultiple severe shocks in the last year:
○ Insider attack from our tech team 1 week after launch → Improved security and governance processes
○ Extreme market volatility → Efficient team, external capital
○ Network congestion → Improvements in computational processing
○ 51% attacks→ Quick response to prevent further damage; → Long term solution - strengthening Satoshi Consensus
Any one of these shocks could have derailed the projectInstead, we’ve learned and continuously improved
Some Bumps Along The Way
Long-term Vision
• The Problem○ Companies are collecting troves of data on individuals without
the owners’ knowledge or benefit (e.g. online companies selling your data to advertisers).
○ This is a bad deal for customers because they do not get any monetary benefit, but also creates security risks (e.g. the Facebook / Cambridge Analytica scandal)
• Horizen Provides consumers complete control over their data○ HorizenCash aims to use zk-SNARK cryptography to keep your data
secure and private whilst providing the option to selectively disclose and monetise your content.
○ Selective disclosure means you can either share your data with businesses for a fee, or keep your data completely private.
Future Challenges - Geeks to the Masses
UsabilityCryptocurrencies are currently too complicated for mainstream adoption. We need to massively simplify UI/UX with “Apple like” wallets and applications.
UtilityCryptocurrencies aren’t yet useful enoughto spike the interest of many people. We need to strive to create real utility.
All it will take is one elegantly designed “killer app” to bring crypto from the geeks to the masses and we believe that we’re the right people to do that!
Get Involved Now!
Join the Horizentastic community!
Mining -Equihash Proof of Work mining cryptocurrency
Forum - Post a proposals or answer requests for proposals
Become a node operator - Secure Nodes or Super Nodes and get rewarded 10%
of block rewards each!
Become an ambassador - Be the voice of Horizen among your community!
horizen.global HorizenGlobal HorizenGlobal Horizen Horizen
Country Reps - We Are Global, We Are Local
Join Our Community Today!
horizen.global HorizenGlobal HorizenGlobal Horizen Horizen