Privacy-oriented zkDAI is a Thing now

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Stablecoins have become  a very big part of the crypto asset industry. Although they lack privacy, many people are willing to experiment with them for a variety of reasons. Dai, the popular stablecoin issued on the Ethereum blockchain, is getting a privacy component. zkDAI is a Different Type of Stablecoin More specifically, the Aztec Protocol enables private transactions on Ethereum. Earlier this week, the team has minted 10,000 zkDAI. As the name suggests, these are privacy-oriented counterparts of the traditional stablecoin. To mint these coins, 10,000 normal DAI has been put into a contract. This marks an important milestone for

The post Privacy-oriented zkDAI is a Thing now appeared first on The Merkle Hash.

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