Today, Aztec Protocol, a highly-anticipated privacy layer, launched its mainnet on Ethereum. The protocol obfuscates inputs and outputs using zero-knowledge proofs, and several DeFi projects have already shown interest in integrating the technology.
Programmable Money, Programmable Privacy
Since announcing the project over a year ago, Aztec’s vision to bring secret transactions to public blockchains has largely unchanged.
Tom Walton-Pocock, CEO of Aztec, told Crypto Briefing that he and his team still “want a broader, faster privacy level on the protocol,” and they’re still interested in helping blockchains, not just Ethereum, achieve this.
With the launch of their mainnet, they may be one step closer to reaching this objective.
The blockchain-agnostic protocol leverages zero-knowledge proofs similar to Zcash. It allows users to obscure their transactions via wrapped tokens, or to create a brand new token on the platform. Read More...