On March 11, 2025, Horizen will upgrade its mainnet to version ZEN 5.0.6.

MAR

11

Event date

Tuesday 11 March 2025, UTC

Event description

On March 11, 2025, the Horizen mainnet is scheduled to upgrade to version ZEN 5.0.6. This update does not include a hard fork and does not alter the network's consensus mechanism. Instead, it focuses on enhancing the network's functionality and security. It's important to note that versions ZEN 5.0.5 and earlier will become deprecated on the mainnet after block #1730680, expected to be generated around March 11, 2025, at 1:00 PM UTC. Therefore, node operators are advised to upgrade to ZEN 5.0.6 before this date to ensure seamless operation.

Support for this upgrade from platforms like Binance underscores the commitment to providing users with an optimal experience. While specific details about ZEN 5.0.6 have not been widely disclosed, previous updates, such as ZEN 5.0.0, have introduced significant changes, including the complete removal of the shielded pool from the main Horizen chain. The current upgrade is anticipated to continue this trend of improving network functionality and security.

To maintain network integrity and security, it's essential for users and node operators to update their systems to version ZEN 5.0.6 before March 11, 2025.

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Horizen ZenIP 42409 Vote

Horizen's ZenIP 42409 proposal, set for voting from April 21 to April 24, 2025, aims to reallocate 5 million unminted $ZEN tokens—originally intended for block rewards—to fund growth, adoption, and sustainability as the project shifts to a privacy-focused appchain on Base, Coinbase’s Layer 2 network.This follows the earlier ZenIP 42407, which passed in September 2024 with near-unanimous support, transitioning Horizen from Proof-of-Work to Proof-of-Stake and increasing the Horizen Foundation’s block reward share from 20% to 32.5% to support ecosystem development, per the Horizen Blog.The move to Base aligns Horizen with over 100 appchains expected in 2025, leveraging Base’s deeper liquidity and lower costs while focusing on privacy-preserving tech, a strategic pivot amid Ethereum’s scaling ecosystem, as noted in prior ZenIP 42406 discussions on mirror.xyz.

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