Launches Initial Privacy Web Application with Subsecond Verification Speeds for Arbitrum and Aleph Zero EVM Networks
Welcome to a game-changer in the world of Decentralized Finance (DeFi)! Say hello to Common, a privacy-focused platform that's about to redefine financial privacy. Powered by Aleph Zero's robust infrastructure, Common is set to bring swift and effortless privacy across multiple blockchain networks to you, right at your fingertips.
Common, in collaboration with Common Labs Inc., launched its web app, with the mobile version following suit by the end of May. This dual launch marks a significant moment in DeFi mass adoption, as we strive to simplify financial privacy for all.
Features of Common
Privacy Masterclass
Say goodbye to the complexities of protecting your crypto transactions! Common utilizes zero-knowledge cryptography and a network of smart contracts named Aleph Zero's Shielder Network. This secret sauce enables speedy and fuss-free private transactions across multiple chains.
Multichain Magic
Beginning with Arbitrum and Aleph Zero's EVM, we have our eyes set on Base and Ethereum for future expansion, aiming to deliver privacy across all your preferred blockchain networks.
In a Flash!
With sub-second proving times, Common delivers the goods without the usual waiting periods or technical headaches, making your transactions as breezy as a summer breeze.
No Fund Mixing
Unlike other privacy solutions, we don't pool funds. By preserving the full provenance of your assets, we ensure you won't run into compliance hurdles, while still offering the confidentiality you crave.
Adam's Vision
Co-founder of Aleph Zero, Adam Gagol, shares his exciting vision:
Up next on Common's Agenda
- Private Yield Earning: Grow your assets in a privacy-conscious manner, with strategically built yield opportunities across supported DeFi platforms.
- Smart Yield: Set-and-forget strategies that actively optimize your returns, letting you relax and reap the rewards.
- Staking Rewards: Align with Common's growth and commitment by earning a piece of the privacy fees and yield success fees, simply by staking your tokens.
- Expanded Chain Support: Extending privacy support to additional chains, including Sonic, Berachain, Monad, and other layer-two networks.
- Private Bridging: Streamline your multi-chain management with seamless, private asset transfers.
- Enhanced Fiat Access: Simplify access to and from TradFi through off-ramps, IBAN support, and crypto payment cards.
For more info on Common and early access, visit our website.
The Future is Private, The Future is Common
Get ready to embrace a new era of privacy in DeFi! By aiming for simplicity, accessibility, and multichain functionality, Common is poised to revolutionize crypto transactions, giving you the confidentiality and security you need, without the usual glitches or compromises.
So, are you ready to join the revolution? Let's take the first step together and explore the world of private transactions with Common. Your future in DeFi starts now!
- With Common, a new platform in Decentralized Finance (DeFi), privacy is about to be redefined as it offers swift and effortless privacy across multiple blockchain networks, such as Arbitrum, Aleph Zero's EVM, Base, and Ethereum.
- Common utilizes advanced technology like zero-knowledge cryptography and Aleph Zero's Shielder Network to enable speedy and fuss-free private transactions, making crypto trading simpler for all.
- Unlike other privacy solutions, Common doesn't pool funds, ensuring the full provenance of your assets is preserved to avoid compliance hurdles while providing the desired confidentiality.
- Co-founder of Aleph Zero, Adam Gagol, is excited about Common, envisioning a world where privacy is the norm in crypto, and Common makes this a reality by delivering privacy in an intuitive, tap-and-go fashion.
- In the near future, expect features like private yield earning, set-and-forget strategies, staking rewards, expanded chain support, private bridging, and enhanced fiat access from Common, enriching the crypto trading experience with increased privacy and security.
