Article: Raze Network, First Polkadot Cross-Chain Privacy Protocol

Blockchain, Crypto, Web 3.0

Raze Network, First Polkadot Cross-Chain Privacy Protocol

  • Raze Network is the first cross-chain privacy protocol on Polkadot.
  • Raze aims to enhance private anonymous DeFi transactions.
  • Raze is gearing to launch its native token $RAZE via IDO.

Raze Network is the first Polkadot-based cross-chain privacy protocol. Notably, the blockchain uses zkSNARKs to provide end-to-end anonymity for the entire DeFi and Web 3.0 stack.

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Article: How To Protect DeFi Assets From Hackers

Blockchain, Crypto, Cyber-Security

How To Protect DeFi Assets From Hackers

There are numerous avenues that blockchain and DeFi platforms could take to bolster security measures.

Among the most obvious is extensive pre-launch testing, which would involve using a testnet for refining the code, rather than openly making it public from the get-go. The testnet would allow the project to conduct more rigorous trial runs using fake currencies and rely on a phased release of the platform to exclude the possibility of missed loopholes.

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Article: Raze Network Launches Protocol to Enable Confidential Payments for DeFi Users

Blockchain

Raze Network Launches Protocol to Enable Confidential Payments for DeFi UsersRaze Network Launches Protocol to Enable Confidential Payments for DeFi Users

The new payment protocol is said to operate on the basis of private token minting from base tokens. The minting value ratio foreseen stands at 1:1 with zkSNARKs being crucial in maintaining anonymity. The latter is responsible for providing all of the required details and information for data parsing. The Zether framework is applied on the network for the second-layer decentralized anonymous payment module, as the Raze Network allows for three main constituent functions that users can resort to, namely – mint, transfer and redeem.

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