Furthermore, Secure/Super nodes are just another form of masternode PoS scheme and the vast majority of MN coins are shitcoins and/or scams. Why ZEN wanted to associate itself with scammy shitcoins is beyond me, and diverting 20% of mining rewards to pay these Super/Secure nodes only added insult to injury (and made already terrible mining profitability even worse, of course).
I realize this all sounds kind of harsh and I do think you, personally, are a credit to the ZEN team overall, but the coin went in a direction I no longer find compelling so I stopped supporting it. And based on the price action over the last few months - ever since the rebrand took effect, basically - the market seems to agree with me.
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Horizen Secure Nodes have established one of the most secure, distributed, and resilient network, powering the Horizen ecosystem and offering enhanced privacy as the first to market end-to end encrypted blockchain network. All communication between nodes , wallets, are encrypted which is not case with the classic masternodes. There are already over 19.000 of Secure Nodes on the Horizen network, and this number increases every day.
Horizen migrated from a cryptocurrency to platform concept. A new node class Super Nodes, were recently introduced to augment the ecosystem along with Secure Nodes. All node operators, exchanges, and pool operators were updated from the previous version before June 19th 2018. when the current version is deprecated and stoped working (at block 332576).
Super Nodes introduce side-chaining, and they are able run a bunch of different services. First service what was justified or was the motivation for creating those new classes of nodes was to migrate the logic for the Secure Nodes tracking and payment system of chain to on chain, and this is very important for the future of architecture of system so make it more censorship resistant. Main motivation here is to create the world’s most censorship resistant privacy oriented platform. There are already over 2.000
Main ideas behind Super Nodes is further decentralization of network, zero delay payments with instantZen and moving all of the tracking and payment logic on chain. We don’t want discrete server clusters that could not be taken down either from hackers or bad governance.
More technical details can be found in this white paper:
https://www.horizen.global/assets/files/Horizen-Application-Platform-Whitepaper.pdfWe propose a novel sidechain construction tailored to be compatible with the Horizen blockchain and designed for conducting secure and decentralized cross-chain transfers without requiring the mainchain nodes to track sidechains to verify them. The proposed scheme can also be adopted for other similar blockchain systems. We show that our cross-ledger transfer mechanism is secure under certain plausible assumptions.
More technical details can be found in this white paper:https://www.horizen.global/assets/files/Horizen-Sidechains-Decoupled-Consensus-Between-Chains.pdfDAO - will be our
first sidechain and will be released incrementally.
Total reward pool for node operators is 20% and this is main big change on our system. We have increased treasury to 10%,
we are preparing our own treasury voting system, and the increase of 1.5% is for overcoming voters’ apathy, we are going
to pay voters to vote. Those funds are reward for voters, because we want to provide positive initiatives for joining this ecosystem.
This decentralised infrastructure is important for our Platform and all apliactions and functionalities.
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