#隐私技术解决方案 Horizen's recent move is quite interesting, shifting from pure privacy to "compliance-friendly" privacy, which is really just following the trend. It's not easy for a project that started in 2017 to survive until now, and this time restarting the mainnet on Base and transforming into Layer 3 seems to be an attempt to break out of the dead end of "privacy technology."

To be honest, the selective disclosure plan sounds quite realistic - it can protect user privacy while not going against regulations, which is the right way to survive in this cycle. Spending 100 million ZEN on developer funding is also a clear indication of wanting to build the ecosystem through directions like privacy finance and GameFi.

With the infrastructure provided by LayerZero, cross-chain capabilities are also guaranteed. However, to put it bluntly, with such intense competition in the privacy track, how many can truly break through? It still depends on the speed and quality of actual application implementation.