Namada: Multi-asset shielded L1. Technology: zero-knowledge proofs.
Namada runs a single shielded pool that works for any asset, native or bridged, so every token shares one anonymity set instead of each having its own thin one. That is a real cryptographic and economic insight, since privacy in a shielded pool is a function of how many people are in it, and pooling assets makes the set far larger than it would otherwise be. It also pays shielding rewards to keep the set populated. The network launched relatively recently and its bridged asset coverage is still expanding.
Key facts
- Entry type
- Privacy project
- Category
- Multi-asset shielded L1
- Technology
- Zero-knowledge proofs (ZK)
- Website
- namada.net
What is zero-knowledge proofs?
One party proves a statement about hidden data is true without revealing the data the statement is about.
How it compares with the other approaches on latency, trust assumptions and fit is set out, with sources, in the technology taxonomy.
Private by design.
See how confidential transactions work on the networks you already use.