Silent Protocol Launches Ghost Layer: A New Era of Private Ethereum Transactions
May 7, 2024
Silent Protocol introduces the Ghost Layer as the first Modular L1.5 technology for Ethereum, enhancing privacy and interoperability.
The Ghost Layer employs zero-knowledge proofs and proprietary 0VM technology to facilitate private asset storage and value transfer between blockchains.
This innovation enables Ethereum assets to operate on the Ghost Layer, promoting horizontal composability across various blockchain networks.
Silent Protocol also launches the Silent Compliance VM to allow selective data disclosure, aiming to deter malpractices by malicious actors.
The developments signal Silent Protocol's dedication to creating a secure, compliant, and privacy-centric ecosystem for Ethereum-based institutions and developers.
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Investing.com • May 7, 2024
Silent Protocol to launch ‘Ghost layer’: the First Modular L1.5 for Ethereum