Anoma Foundation is advancing with privacy-focused blockchains by creating a standalone blockchain for Namada protocol. Namada, founded by Awa Sun Yin, features zero-knowledge cryptography, facilitating private transactions across Ethereum or Cosmos networks. It can embed privacy features in any digital asset and decentralized apps without altering their original code.
Search Results for: Anoma Foundation
Anoma Foundation’s $25M Funding Boosts 3rd-Gen Blockchain: Will Intent-Centric Tech Outshine Ethereum?
Anoma Foundation secures $25 million to develop its third-generation blockchain architecture offering increased composability and ease of use. Focusing on intent-centric design, Anoma aims to further decentralize existing blockchain-based applications and platforms, enhancing decentralized applications (DApps) and services, such as decentralized exchanges and rollup protocols.
Stellar’s XLM Experiences Anomalous Surge Amid Potential Announcements and Speculation
“Stellar’s native token, XLM, saw a remarkable 11.5% increase in value within a week, contradicting Bitcoin’s and most altcoins’ downtrends. Stellar Org hinted at an important event on September 12, generating intrigue. Still, speculations surrounding Elon Musk’s possible integration of XLM into social network X are baseless. Meanwhile, Stellar Development Foundation has invested in MoneyGram International.”
Namada and Osmosis Partnership: Exploring Privacy Advancements and Community Reactions
Namada, a privacy-focused blockchain firm, is considering partnering with Cosmos-based Osmosis protocol to implement shielded actions for enhanced privacy and security in cross-ecosystem asset management. However, reservations exist, with the collaboration’s future hinging on the Osmosis community’s response, and concerns about compatibility between the two systems.
Namada and Osmosis Partnership: Boosting Privacy or Regulatory Risk?
The privacy-focused blockchain Namada aims to collaborate with Osmosis protocol through joint funding for software “public goods” and a planned NAM token airdrop to OSMO investors. This partnership could drive privacy-centric innovations and inspire further investments, however, regulatory compliance and security concerns need to be addressed.
Bitcoin’s Future: Influenced by Federal Reserve Policies or Independent Market Stalwart?
“The co-founder of BitMEX, Arthur Hayes, shares an optimistic view of Bitcoin’s future, driven by critique of Federal Reserve’s contentious strategies. Bitcoin is seen as an antidote to banking anomalies, growing fiat liquidity, and may face potential surges or falls.”
Binance’s Web3 Reality Show Winner: zkPass and the Future of Decentralized Identity Verification
Crypto exchange Binance announced zkPass as the winner of its “Build the Block” Web3 reality show in the metaverse. The startup offers a decentralized identity verification solution for Web3 applications, preserving privacy using multi-party computation and zero-knowledge proof technology.