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Home Vendor Technology

Harmony blockchain incorporating new privacy layer with Suterusu

Suterusu provides privacy protection for several major blockchains and DApps already, such as BTC and ETH...

Published by CryptoNinjas.net
03/23/2020
Harmony blockchain incorporating new privacy layer with Suterusu

Harmony, an open blockchain infrastructure with high-throughput and low-latency, announced today that blockchain privacy specialist Suterusu will be working with Harmony to incorporate new privacy features on the Harmony blockchain.

Suterusu’s integration will add ZCash-level privacy to the Harmony protocol. It integrates a trustless ZK-SNARK scheme with nearly constant size proofs, and efficient proof generation and verification.

By establishing a privacy-preserving layer-2 protocol on top of Harmony blockchain, Suterusu will bring anonymous payment, confidential transactions to the Harmony network.

Through the corporation, a completely transparent layer-2 privacy-preserving of Harmony will positively facilitate DeFi and other decentralized applications more smoothly.

“We believe this kind of partnership will expand our ecosystem and enable better occupancy for confidential assets. The future of privacy is already here but unevenly distributed. This partnership comes to support our fundamental goals to be achieved within 2020, as outlined within the Harmony 2020 Roadmap, and includes: cross-border utility, decentralized development, and auditable privacy.”
– The Harmony team

Harmony’s infrastructure can enable various types of decentralized applications and marketplaces, that need high throughput and decentralization; from games, to decentralized exchanges, to powering AI data marketplaces,

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