Silent Protocol, a pacesetter in blockchain privateness know-how, has introduced its Ghost Layer, an revolutionary modular Layer 1.5 tailor-made for Ethereum (ETH), in accordance with the data shared with Finbold on Might 7.
The brand new launch goals to ship compliant privateness enhancements to public blockchains, catering to particular person and institutional shoppers alike.
The launch additionally underscores Silent Protocol’s dedication to setting up a compliant and composable framework, permitting establishments to securely and privately leverage Ethereum.
Ghost Layer 0VM know-how
By opening entry channels to varied execution layers, Ghost Layer permits for simple integration of current functions into personal workflows.
It leverages a zero-knowledge (ZK) based mostly system along side its proprietary 0VM know-how, which permits personal asset storage and facilitates worth transfers throughout totally different blockchains.
Novachrono, the founding father of Silent Protocol, elaborated on the Ghost Layer’s position inside the blockchain panorama, stating:
“In the event you create a ledger whose state is set by the bottom ledger however the computation is saved elsewhere — you’ll be able to name it a Layer 1.5.”
The strategic significance of Ghost Layer
Isa Sertkaya, Co-founder and CTO of Silent Protocol, highlights the strategic significance of the Ghost Layer:
“Rooted out of Ethereum and supporting Ethereum property, the Ghost Layer achieves modularity not by capturing worth vertically however by enabling horizontal composability throughout totally different chains.”
By implementing 0VM know-how, the Ghost Layer advances system state whereas verifying updates and using the bottom ledger for state validation by way of zksnarks.
Builders on numerous blockchains now even have the chance to remodel their current functions into privacy-preserving ones, often known as 0dapps, whereas retaining the liquidity obtainable on the mainnet.
Economical Zero Data Execution Atmosphere
In 2023, Silent Protocol launched the Economical Zero Data Execution Atmosphere (EZEE), introducing a totally composable structure supporting useful privateness.
This framework empowers builders to create apps with out the constraints of remoted methods.
Moreover, Silent Protocol developed the Silent Compliance VM, a decentralized protocol that selectively reveals knowledge to forestall misuse by malicious actors.
