Description
Namada is an interoperable and privacy-focused blockchain protocol designed to facilitate fully private transactions across different blockchain ecosystems through advanced cryptographic techniques. It stands out for its compatibility with the Inter-Blockchain Communication (IBC) protocol, enabling seamless interactions with other IBC-enabled blockchains. The protocol introduces Anoma, a privacy-centric, intent-based bartering system for trading assets across chains anonymously. Namada supports asset-agnostic private transactions, allowing for the private transfer of various assets, including fungible and non-fungible ones, from platforms like Ethereum or any IBC chain with minimal transaction latency and near-zero fees. It also offers features for regulatory compliance on a need-to-know basis and the creation of private smart contracts, making it a versatile platform for privacy-preserving DeFi applications and services. Namada is described as Anoma’s first fractal instance, deploying v1 of the Anoma protocol that enables shielded transfers for a wide range of assets.
Namada is an interoperable and privacy-focused blockchain protocol designed to facilitate fully private transactions across different blockchain ecosystems through advanced cryptographic techniques. It stands out for its compatibility with the Inter-Blockchain Communication (IBC) protocol, enabling seamless interactions with other IBC-enabled blockchains. The protocol introduces Anoma, a privacy-centric, intent-based bartering system for trading assets across chains anonymously. Namada supports asset-agnostic private transactions, allowing for the private transfer of various assets, including fungible and non-fungible ones, from platforms like Ethereum or any IBC chain with minimal transaction latency and near-zero fees. It also offers features for regulatory compliance on a need-to-know basis and the creation of private smart contracts, making it a versatile platform for privacy-preserving DeFi applications and services. Namada is described as Anoma’s first fractal instance, deploying v1 of the Anoma protocol that enables shielded transfers for a wide range of assets.
