A naukri.com initiative
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Privacy 2.0: How Privatus Advances Blockchain Confidentiality Beyond Monero and Tornado Cash
- Monero pioneered privacy-by-default by utilizing ring signatures, stealth addresses, and RingCT to achieve anonymity for every transaction.
- Tornado Cash acts as a non-custodial mixer on platforms like Ethereum, offering strong anonymity but facing scrutiny and sanctions for potential money laundering.
- Privatus aims to combine Monero's anonymity with Solana's speed while incorporating features inspired by Zcash and Tornado Cash.
- Privatus leverages technologies like stealth addresses, ring signatures, and zk-SNARKs to enable high levels of transaction privacy without compromising speed.
- With a focus on fast throughput, Privatus supports up to 50,000 transactions per second and low transaction fees, making it competitive with traditional financial networks.
- Privacy on Privatus is customizable, allowing users to choose between private transactions and opting into full anonymity through an on-chain mixer.
- The dual-mode privacy model on Privatus combines transparency for compliance with the option to participate in an anonymous pool for complete privacy.
- Privatus introduces the PVS token economy, where fees for fully anonymous transactions contribute to network sustainability, staking rewards, and governance.
- By uniting proven privacy techniques with high throughput, Privatus offers a comprehensive solution for privacy-conscious users, developers, and investors.
- Privatus aims to set a new standard for Web3 privacy platforms by providing users with control over their anonymity while maintaining real-world compliance.
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