I post about Aztec being the only decentralized L2, but why?
It means that you get credible neutrality, nobody and no company controls the network.
It's the reason Ethereum will win, and the reason Aztec will win.
The only credibly neutral privacy layer
@NSlegalonchain Yes agreed - the ability to have everything fully private, fully decentralized, and control what you selectively disclose when you want to or need to
Privacy szn always leads back to Aztec
Fully decentralized
Fully private
Fully programmable with public/private smart contracts
In alpha, but we've got some of the best teams in the space building and planning for upcoming stable releases
Couldn't be more excited for what's to come
Ethereum L2s are showing a clear gap in fees paid to Ethereum.
Over the last 7D, Robinhood Chain ranks #2 with $5.45K in fees paid to Ethereum.
Top L2s by Fees Paid to Ethereum Last 7D:
▫️@aztecnetwork - $11.92K
▫️@RobinhoodCrypto - $5.45K
▫️@base - $2.36K
▫️@Lighter_xyz - $2.12K
▫️@SX_Network - $893.4
▫️@world_chain_ - $805.1
▫️@grvt_io - $798.4
▫️@taikoxyz - $789.4
Today we are announcing that S&P Global has entered an agreement to acquire OpenZeppelin.
Onchain finance is growing from an emerging market into core financial infrastructure, and the standards and rails our team and community built are becoming the rails of global finance. OpenZeppelin smart contracts facilitated over $37 trillion in value transferred, with the vast majority of the largest DeFi protocols, blockchain networks, stablecoins and tokenized funds relying on them.
With S&P Global, we expect to accelerate the impact of onchain finance, backed by more than a century of trust in global markets, benchmarks, and risk frameworks.
To our clients and to all the users of OpenZeppelin open source tools:
• OpenZeppelin Contracts and all our open source applications and tools remain open source, free, and publicly maintained on GitHub. Building open source standards stays a core priority.
• Audits, engineering work, and ecosystem programs continue with the same team, brand, quality, and customer experience, with what will be the added benefit of S&P Global's research capacity, market data, and institutional reach.
For the last decade, OpenZeppelin has set the security standard for onchain finance. Today begins a new chapter for that mission, together with one of the most trusted names in global markets.
Read the full announcement: https://t.co/lxBUWkWVUK
We have the technology to solve this. Zero knowledge proofs and private networks like @aztecnetwork enable non-custodial data where products keep sensitive data with the *user* and zk proofs do all the checks
642M ethereum:0xa27ec0006e59f245217ff08cd52a7e8b169e62d2 is locked by people who decided a privacy L2 should not have a single operator.
24% APR is what they earn to run the network.
Learn more at https://t.co/DdOdtcFzyH
It’s cool. I’d be missing a trick if I didn’t say:
We already built Aztec to provide these features to Ethereum at the start of the year.
- Native account abstraction;
- Native fee abstraction (pay via any kind of function);
- Nullifiers as nonces;
- Recent roots;
- Inclusion of all private txs;
(Plus extras: function privacy; private composition of private functions; composition with external snarks; fast client-side recursive proofs in a phone browser; tailor-made private smart contract syntax; cheaper than L1, more things)
Unstoppable, unconditional, trustless privacy is already achieved on Ethereum with Aztec.