According to Odaily, Horizen Labs has announced plans to formulate a migration strategy for EON and ZEN from the Horizen main chain to EON 2.0. The company is seeking approval for this move through a community proposal process known as ZenIP.
The migration plan is a significant step for Horizen Labs, as it involves the transfer of two major digital assets, EON and ZEN, to a new blockchain platform, EON 2.0. This move is expected to enhance the performance and scalability of these assets, providing a more efficient and secure environment for transactions.
The approval for this migration will be sought through ZenIP, a community proposal process. This process allows the community to participate in the decision-making process, ensuring transparency and inclusivity. The final decision will be based on the consensus of the community, reflecting the democratic nature of blockchain technology.
This announcement by Horizen Labs is a clear indication of the company's commitment to continuous improvement and innovation in the blockchain space. The successful migration of EON and ZEN to EON 2.0 will not only enhance the performance of these digital assets but also strengthen the company's position in the blockchain industry.