We did it! @arxoninfra
Congratulations to all the Arxon development team and partners.
The first L1 Blockchain with independent four flag for Selective privacy Txn is officially possible with Arxon Blockchain.
In a single Txn you can now officially
- Hide sender's wallet address
- Hide receiver's address
- Hide Txn amount
- Hide your wallet balance from being able to see by the public at any point.
And you can make any public in a same txn whatever you chose to hide.
This is just the beginning of a revolution.
Expect our Arxon official whitepaper soon
This is beautiful as our development team is cooking the Arxon wallet for a release for the Arxon chain testnet and wallet test.
This is a teaser of the beautiful. ๐
The recent shutdowns of several companies reveal a pattern: building what already exists without solving a unique problem for the ecosystem.
Too many builders are copying existing ideas instead of creating something genuinely different.
Lack of innovation is a harm to crypto and Blockchain ecosystem, because so many launching L1, L2, DEX, wallet, bridge or lending protocol are not solving a problem existing alternatives haven't addressed
The recent shutdowns of several companies reveal a pattern: building what already exists without solving a unique problem for the ecosystem.
Too many builders are copying existing ideas instead of creating something genuinely different.
We are glad to announce our site migration from https://t.co/1cIOkCTe2O to https://t.co/alXDMSinjx Which will be the final official site for Arxon Blockchain. As we'll be deploying our testnet and upcoming updates through it hence.
Kindly check it out as our official working site.
https://t.co/i0XmgupyyY
It's called centralised Exchange for a reason, don't be silly about it that your funds got frozen.
Even when we want decentralisation, there are users who still want a controlled system too
Privacy will be one of those. Quite underestimated because the chain delivering the variety of privacy technology is in development.
But 2027 will yield a high demand for Privacy differently.
the next wave of crypto growth may come from a sector that most people are still underestimating.
by the time its potential becomes obvious, early believers could already be far ahead of the crowd.
@cz_binance traditional systems get hit constantly and absorb or hide a lot of the damage through reversibility, insurance, and opacity.
Crypto makes the successful thefts more public, harder to undo, and more attractive.
Neither side is invulnerable; they just fail differently.
We chose Halo2 over the pasta curves to eliminate the trusted setup entirely.
Arxon privacy and integrity rely strictly on pure maths. Our privacy model means mathematical certainty. Users do not have to trust that a group of developers destroyed their setup keys.
Many production zero knowledge systems, including the Groth16 proofs of Zcashโs Sapling pool and of most mixers, need a trusted setup: a ceremony that produces parameters and must destroy a secret along the way. If the secret survives, whoever holds it can forge proofs and mint value that nobody can detect. Ceremonies have been run carefully, with many participants, but the assumption never goes away.
Arxon uses Halo2 with the inner product argument (IPA) as its polynomial commitment. There is no ceremony and no secret to destroy.
Read more here>> https://t.co/OwGvl7iMoY
Many production zero knowledge systems, including the Groth16 proofs of Zcashโs Sapling pool and of most mixers, need a trusted setup: a ceremony that produces parameters and must destroy a secret along the way. If the secret survives, whoever holds it can forge proofs and mint value that nobody can detect. Ceremonies have been run carefully, with many participants, but the assumption never goes away.
Arxon uses Halo2 with the inner product argument (IPA) as its polynomial commitment. There is no ceremony and no secret to destroy.
Read more here>> https://t.co/OwGvl7iMoY
Ever wonder what ARX-20 token standard is?
Just simply ERC-20+ Selective privacy. Building on Arxon is fun as it simplifies a compliant privacy model to whatever you're building on Arxon ARX-20 token.