Zano and Confidential Layer Partner for Secure, Private Cross-Chain Transactions

CN
27 days ago

Zano, the layer one (L1) blockchain, has partnered with the privacy bridge Confidential Layer to enable secure and private transactions across different blockchain ecosystems. Through this partnership, users will be able to retain their underlying assets like ethereum (ETH) or bitcoin (BTC) while adding advanced privacy features.

According to a press release, the partnership offers users the best of both worlds: liquidity and versatile functionalities of public blockchains alongside the rigorous security and privacy of private blockchains.

As previously reported by Bitcoin.com News, Zano’s hard fork in the first half of 2024 made it possible for users and organizations to create confidential assets. The Zano team described the forking event as the first of many protocol-improving steps planned for 2024.

Commenting on the collaboration with Confidential Layer, Quinten van Welzen, the Zano community lead, said:

As governments increase their efforts to regulate and monitor digital assets, financial privacy has become more critical than ever. Zano has always been focused on providing strong privacy solutions, and our partnership with Confidential Layer is a big step forward in ensuring users can transact securely and privately across both public and private blockchains.

Welzen added that by bridging the liquidity and flexibility of public chains with Zano’s privacy features, the partnership is creating a digital economy where users retain control without sacrificing privacy.

The Confidential Layer team meanwhile vowed to “bridge exclusively to the most secure and advanced privacy blockchains, ensuring maximum safety and privacy.”

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