In March 2021, Aztec launched the zk.money protocol, which provided a privacy shield for direct Ethereum transactions. Connect moves the shield out further, allowing users to privately connect to Ethereum’s DeFi ecosystem, including popular apps like Uniswap, Lido and Aave. Private DeFi actions could include staking, lending, swaps and decentralized autonomous organization (DAO) treasury management. The Aztec network includes zero-knowledge rollup technology, which essentially bundles transactions before sending them to the Ethereum mainnet, saving money on transaction or gas fees.
Related posts
-
Coinbase Launches Regulated Crypto Benchmark — Who Can Invest?
Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark,... -
Tether launches open-source wallet development kit for humans and AI
The world’s largest stablecoin issuer, Tether, has launched an open-source wallet development kit (WDK) to enable... -
Bitcoin could be one upgrade away from overtaking Ethereum DeFi
A single, long-dormant string of code, hidden deep within the original Bitcoin stack, can introduce a...