News
Horizen proposes quantum‑resistant private finance platform on Base
Horizen announced a proposal to become the leading application for quantum‑resistant finance with privacy on Base, featuring a shielded pool for private transactions and a Vela confidential‑compute layer for programmable DeFi. The plan includes regulatory compliance measures such as screened deposits, selective disclosure, and non‑custodial contracts. Technical details like proof system, fees, staking mechanics and timelines are deferred to a feasibility study and governance vote. The team aims to ship a minimum viable product soon and then expand functionality. ZEN token will remain on Base without inherent privacy features, and the Horizen Layer 3 is being wound down after Base’s Denim upgrade.