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On December 12, 2024, $ZEN will experience its final halving before a significant change in the project's tokenomics.
The Horizen DAO has proposed and successfully voted on a major upgrade to the network’s tokenomics. The changes, which will be implemented in H1 2025, will bring about a shift from Proof of Work (PoW) to Proof of Stake (PoS).
The new PoS model will be based on the Substrate blockchain framework, the same framework used by Polkadot. This switch to PoS is critical for ensuring the long-term sustainability of the project, as it reduces the energy consumption and hardware requirements associated with PoW while still maintaining a decentralized and secure network.
mirror.xyz
The Horizen DAO has proposed and successfully voted on a major upgrade to the network’s tokenomics. The changes, which will be implemented in H1 2025, will bring about a shift from Proof of Work (PoW) to Proof of Stake (PoS).
The new PoS model will be based on the Substrate blockchain framework, the same framework used by Polkadot. This switch to PoS is critical for ensuring the long-term sustainability of the project, as it reduces the energy consumption and hardware requirements associated with PoW while still maintaining a decentralized and secure network.
The Final ZEN Halving: Entering a New Era for Horizen
On December 12, 2024, $ZEN will undergo its last halving before a major transition in the project’s tokenomics. This milestone marks a pivotal moment in Horizen's evolution and sets the stage for an exciting new phase in 2025.
mirror.xyz
