Privacy project Horizen reboots on Base as Layer 3 network

BlockBeats News, December 9th, according to The Block, Horizen's Layer 3 network has officially deployed its mainnet on Base, completing the latest phase in the evolution of this long-standing privacy network.

Despite this Tuesday's launch coinciding with a renewed interest in "privacy coins," Horizen had already started the transition from Layer 1 to Layer 3 back in February, with the DAO previously resolving to gradually phase out the old chain.