Namada Launches Mainnet, Introducing Shielded Cross-Chain Transactions

Quick Summary:

Its key innovation, the Multi-Asset Shielded Pool (MASP), can support the shielding of user data related to any asset, enabling shielded interactions across different blockchain networks.

Namada enables selective disclosure, giving users the ability to share transaction data publicly and to specific parties.

The launch is fully decentralized, with the Anoma Foundation supporting the Namada ecosystem by proposing the mainnet candidate software and genesis balances.

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Article Details

Author / Journalist: Chainwire

Category: Crypto

Markets: United Arab EmiratesSwitzerland

Topics: Decentralized Protection Disclosure Community Genesis Mainnet Launch Shielded Data Users Namada

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 15:15:11 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 490 words

Reading Time: 3 minutes read

Sentences: 35 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24099104

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Update Frequency: 21 posts per day

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News Last Updated: 14 hours ago

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