Contents
- Findora introduces Triple Masking SDK to make transactions more confidential than ever before
- Leveraging ZK technology to build new generation privacy systems
all about cryptop referances
Findora announces its unique privacy-preserving tool Triple Masking SDK to make blockchain privacy programmable
Read U.TODAY on
Google News
Contents
Findora, a new Layer 1 blockchain, shares the details of its latest effort, the Triple Masking SDK. With this instrument, Web3 developers can make in-application transactions private yet auditable to increase the level of transparency in DeFi.
According to the official announcement shared by the team of Findora, it developed and introduced the Triple Masking SDK, a privacy-focused asset transfer solution for Findora that replaces the pseudonymity of transactions with 100% anonymity.
This software development kit (SDK) allows developers to make their decentralized applications (dApps) ZK-enabled, offering three levels of customizable transaction privacy. Developers have the ability to obfuscate the wallet addresses of both the sender and recipient, the type of asset being transferred and the amount being sent.
Sam Harrison, CEO of Discreet Labs, emphasizes the importance of this development for the entire blockchain segment and for its programmable privacy ecosystem:
Triple Masking fulfills a promise that blockchain technology made many years ago: your financial status, your financial future, is no longer in the hands of an unknown, so-called “trusted” third party. It is in your hands. This SDK simplifies the developer experience of implementing complex zk-proofs, which in turn enables more decentralized applications to offer the benefits of these zk-proofs to their users.
At the same time, during the entire period of operation, the transactions remain auditable to keep new DeFis in compliance with regulatory requirements.
Technically, the Triple Masking SDK relies on application-specific turbo-plonk ZK circuits. It is interoperable with leading elliptic curve signature algorithms such as ed25519 and secp256k1.
This instrument allows developers to integrate masking services with both EVM-compatible blockchains and more privacy-preserving systems such as those based on UTXO principles.
On Findora, users will also be able to create wrapped privacy tokens, both fungible and non-fungible. FRC20, FRC721 or FRC1155 standards with enhanced privacy-preserving features are available with the Triple Masking SDK.