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zkDAI – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Tue, 11 Feb 2020 19:54:48 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png zkDAI – DIGIT INFO https://www.digit.info 32 32 Privacy-oriented zkDAI is a Thing now https://www.digit.info/privacy-oriented-zkdai-is-a-thing-now/ Tue, 11 Feb 2020 19:54:48 +0000 https://www.digit.info/2020/02/11/privacy-oriented-zkdai-is-a-thing-now/ Read more]]>

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

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