Description
Lelantus is a privacy protocol designed for enhancing anonymity within the cryptocurrency sphere, notably implemented by the Firo project. It introduces a high degree of privacy by utilizing innovative cryptographic mechanisms, including zero-knowledge proofs and a unique construct called "one-out-of-many proofs." This technology enables users to conceal the origin and destination of transactions, making them untraceable without the need for a trusted setup, thus preserving the decentralized and trustless nature inherent to blockchain technology. Lelantus is distinguished by its ability to ensure confidential and anonymous transactions with minimal transaction sizes and swift verification times. It supports extensive anonymity sets (size hundred thousand and beyond), ensuring scalability and efficiency through logarithmic proof sizes and fast batch verification. Moreover, Lelantus's flexibility allows for integration with other major blockchain privacy solutions like MimbleWimble and Confidential Transactions, fostering enhanced transaction anonymity. Through its robust privacy layer, Lelantus addresses critical concerns related to transaction traceability and anonymity, positi...
Lelantus is a privacy protocol designed for enhancing anonymity within the cryptocurrency sphere, notably implemented by the Firo project. It introduces a high degree of privacy by utilizing innovative cryptographic mechanisms, including zero-knowledge proofs and a unique construct called "one-out-of-many proofs." This technology enables users to conceal the origin and destination of transactions, making them untraceable without the need for a trusted setup, thus preserving the decentralized and trustless nature inherent to blockchain technology. Lelantus is distinguished by its ability to ensure confidential and anonymous transactions with minimal transaction sizes and swift verification times. It supports extensive anonymity sets (size hundred thousand and beyond), ensuring scalability and efficiency through logarithmic proof sizes and fast batch verification. Moreover, Lelantus's flexibility allows for integration with other major blockchain privacy solutions like MimbleWimble and Confidential Transactions, fostering enhanced transaction anonymity. Through its robust privacy layer, Lelantus addresses critical concerns related to transaction traceability and anonymity, positi...
