Mystiko.Network, a privacy core layer of Web3, has successfully integrated the Celer Inter-Chain Message Framework (Celer IM) to enable auditable private inter-chain transaction functionality. Users can access Mystiko.Network’s testnet, read a detailed guide and watch a demo video that shows how users can easily transfer assets such as Tornado Cash (TORN) across two different channels.

The Celer IM provides a plug-and-play upgrade allowing developers to build native cross-chain decentralized applications (DApps) with a simple, one-click user experience, high liquidity efficiency, and application logic coherent. By making cross-chain composability possible, the framework opens up a wealth of opportunities.

Striving to be the foundation layer of Web3, Mystiko.Network is designed to protect the privacy of personal data so that users can protect their account balances, holdings and investment records from tracking and unwanted data exploits. Mystiko.Network has designed an ultimate Universal Web3 Privacy Framework through Privacy as SDK.

  • Both Layer 1 and Layer 2 blockchains can use Mystiko.Network as a privacy layer, making mainnet transactions private either within the same chain or to and from other chains.
  • Cross-chain bridges can add privacy protection features, making cross-chain transactions entirely private.
  • Wallets can add private asset management and private transaction functionality.
  • DApps can provide users with on-chain financial privacy features, for example, decentralized private exchanges and on-chain crypto-payment DApps that protect recipients’ and merchants’ income histories.

As a multi-blockchain future becomes a firm reality, full-stack privacy is crucial to maintaining user privacy during cross-chain transactions. Mystiko.Network provides such cross-chain auditable private transactions leveraging Celer IM with the following technical integration flow:

Currently, the testnet version of the Mystiko.Network wallet supports cross-chain private transactions on Ethereum and BNB blockchains, using Mystiko.Network’s Celer IM and Zk-SNARK – zero-knowledge non-interactive succinct argument – technology confidentiality. In the next steps, Mystiko.Network will leverage Celer IM’s high connectivity with 20+ Ethereum Virtual Machine (EVM) and non-EVM blockchains to cover the needs of users in different ecosystems, expanding use cases across- beyond simple asset bridging to privacy-driven performance. aggregator and more.

About Mystiko.Network

Mystiko.Network is the base layer of Web3 that provides both connectivity and privacy to all blockchain data, transactions and applications. It is a zero-knowledge protocol that guarantees scalability and privacy for all private cross-chain and single-chain transactions. Try the Mystiko.Network testnet.

Learn more about Mystiko.Network:

About the Celer Network

Celer Network is the leading cross-blockchain and cross-layer communication platform that facilitates fast, secure, and low-cost cross-chain dialing and bridging. Celer’s core applications and middleware, such as its cross-chain messaging framework, cBridge and Layer2.Finance, have attracted major blockchain contributors and end users in decentralized finance, blockchain interoperability blocks and playspaces to create and use native cross-chain applications enabled by the Celer Technology Suite.

Follow the Celer network:

This is a paid press release. Cointelegraph does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other elements of this page. Readers should do their own research before taking any action related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

About The Author

Related Posts