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Homeweb3.0Types of privacy public chains and introduction to some important privacy public chains

Types of privacy public chains and introduction to some important privacy public chains

Jan 24, 2024 pm 02:12 PM
What are the privacy public chains?Introduction to privacy public chain

For blockchain technology, expansion is no longer the only problem that needs to be solved. The next issue to be realized is privacy. This is also the main reason why the blockchain privacy track has become a hot topic. The current public chain applications are Privacy chain technology is mainly zero-knowledge proof and fully homomorphic encryption. For investors, what are the public privacy chains that investors should know about? Only by seizing the privacy track can you earn your first pot of gold. Currently, the most popular privacy public chains include PlatON, Aleo, Aztec, SecrerNetwork, etc. Next, the editor will introduce to you some of the larger privacy public chains.

Types of privacy public chains and introduction to some important privacy public chains

What are the public privacy chains?

The currently popular privacy public chains mainly include PlatON, Aleo, Aztec, Secrer Network, etc. The following is a detailed introduction to these public chains:

1, PlatON

PlatON is A project initiated and promoted by the LatticeX Foundation, which is committed to building the next generation Internet infrastructure protocol. The project is based on blockchain technology and supported by a privacy-preserving computing network. PlatON's goal is to protect data privacy, solve data compliance in artificial intelligence applications, and promote the development of smarter artificial intelligence applications.

2. Aleo

Aleo is a privacy-focused blockchain platform that uses zero-knowledge proofs to achieve private transactions and calculations. This way, users can conduct secure transactions without revealing any sensitive information.

3. Aztec

Aztec Network is the first privacy protocol on Ethereum to use ZK-Rollups technology. It provides users with privacy protection, achieved through a unique transaction structure. This architecture is similar to the UTXO model and utilizes ZK proofs to transfer asset ownership while protecting the identities of participants.

4.Secret Network

Secret Network is a blockchain network that focuses on privacy protection and is committed to providing users with a secure and private blockchain experience. By employing privacy smart contracts and privacy protection technology, the network protects users' privacy from being violated by ensuring complete confidentiality of transactions and data. Users can perform various privacy-sensitive operations on this network without worrying about the leakage of personal information. The goal of Secret Network is to provide users with a safe and private environment to enable

What does a private public chain mean?

Privacy public chain is a blockchain network that focuses on providing user transactions and data privacy protection. Different from ordinary public chains, privacy public chains are designed to protect users' identities and transaction information to ensure that operations on the chain are private and secure. Privacy public chains usually support user anonymity, making it difficult for users’ transactions on the chain to be traced to their specific identities.

Zero-knowledge proof is a cryptographic technique that can verify the authenticity of an assertion without revealing specific information. In privacy public chains, zero-knowledge proofs are used to ensure transaction validity while protecting the privacy of transaction details.

Some private public chains support confidential transactions, that is, when transactions are conducted on the chain, the transaction amount and related information are encrypted, making this information invisible to people outside the chain. Some privacy public chains have introduced secret contracts, allowing input and output privacy to be maintained during the execution of smart contracts.

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