Panama Metropolis, Panama, Might seventh, 2024, Chainwire
Silent Protocol, a forefront innovator in blockchain privateness know-how, has introduced the discharge of the Ghost Layer, a cutting-edge modular Layer 1.5, designed for the ecosystem. This new answer is engineered to offer compliant privateness enhancements to public blockchains, appropriate to each retail and institutional purposes.
The Ghost Layer is utilizing a zero-knowledge (ZK) primarily based system alongside its proprietary 0VM know-how. These developments permit for the personal storage of property and allow the omnidirectional movement of worth throughout varied blockchains. It facilitates the seamless integration of present purposes into personal workflows by way of its means to open entry channels to totally different execution layers.
The founding father of Silent Protocol, Novachrono, explains the distinctive place of the Ghost Layer within the blockchain hierarchy: “Should you create a ledger whose state is set by the bottom ledger however the computation is saved elsewhere—you possibly can name it a Layer 1.5.” This modern positioning combines the robustness of base layer processing with enhanced privateness and interoperability capabilities.
In 2023, Silent Protocol launched EZEE, addressing the problem of state denial and introducing a totally composable structure that helps useful privateness. This framework permits builders to construct an ecosystem of purposes with out the constraints of remoted methods. Moreover, Silent Protocol has developed the Silent Compliance VM, a decentralized protocol that selectively reveals information to forestall misuse by dangerous actors.
Isa Sertkaya, Co-founder and CTO of Silent Protocol, emphasised the strategic benefit of the Ghost Layer: “Rooted out of Ethereum and supporting Ethereum property, the Ghost Layer achieves modularity not by capturing worth vertically however by enabling horizontal composability throughout totally different chains.”
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This launch signifies Silent Protocol’s dedication to constructing a compliant and composable framework that allows establishments to securely and privately leverage Ethereum. Builders throughout varied blockchains will now have the chance to rework their present purposes into privacy-preserving purposes, often known as 0dapps, whereas sustaining the liquidity obtainable on the mainnet.
About Silent Protocol
Silent Protocol is a pacesetter in blockchain privateness know-how, devoted to enhancing safety and compliance in blockchain purposes with out sacrificing efficiency. Based by a staff of blockchain innovators, Silent Protocol develops scalable, privacy-centric frameworks just like the EZEE framework and Silent Compliance VM. These instruments empower builders and establishments to rework present purposes into safe, privacy-preserving platforms whereas fostering interoperability throughout totally different blockchain methods.
ContactCo-Founder & CTOİsa Sertkayaisa@silentdao.org
This text was initially revealed on Chainwire
