Silent Protocol Launches Ghost Layer: A New Era of Private Ethereum Transactions

May 7, 2024
Silent Protocol Launches Ghost Layer: A New Era of Private Ethereum Transactions
  • 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.

Summary based on 2 sources


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