They are thrilled to announce that Mystiko.Network has officially joined Polygon as the privacy arm for the entire Polygon ecosystem. The integration with Mystiko Network and Polygon, will allow users and developers on Polygon to secure their financial privacy in each single data and value transaction in cross-chain scenarios.
Mysitko.Network is created as the private base layer of web3. Mystiko.Network believes that personal data privacy, especially personal financial data privacy, is deeply rooted in everyone’s blood of freedom. Blockchain, the foundation of Web3 with its transparency and traceability design, exposes all users’ transaction data to the public. Such data exposure leads to potential security and personal privacy risks that restrict web3 from broader adoption.
Mystiko.Network offers a safe, fast, and user-friendly cross-chain private transaction experience. Mystiko.Network’s zk-snarks protocol(Mystiko Protocol) utilizes secure zero-knowledge proof technology together with advanced encryption and shield address designs to break the link between users’ deposit wallet address on source chains and withdrawal address on destination chains. Mystiko.Network also improves privacy experiences for both developers and users: Mytiko Protocol has an easy-to-plug-in feature that can be integrated into almost all major inter-chain bridges in the web3 ecosystem; and user experience is on the single-click level to conduct cross-chain private transactions. With the private base layer that Mystiko.Network provides to the whole web3 ecosystem, users transaction details on and in between all blockchains will be kept confidential, keeping users’ financial data private.
“Mystiko is building the private base layer for Web3 with full connectivity and confidentiality, securing financial privacy of web3 users. Joining polygon family is and will be a key milestone in the journey to push the privacy agenda in Web3,” said DAOAlex, one of the early Mystiko DAO members.
About Mystiko.Network
Mystiko.Network is the private base layer of web3 that provides both connectivity and confidentiality to all blockchain data, transactions and applications. Mystiko.Network offers users a single-click cross-chain private transaction experience in an all-in-one wallet that supports multiple blockchains and cross-chain bridges. Mystiko Protocol utilizes secure zero-knowledge proof technology together with advanced encryption and shield address designs to break the link between users’ deposit wallet address on source chains and withdrawal address on destination chains.
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About Polygon and Polygon Ecosystem DAO
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.
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Source : cryptodaily.io
