Many people, including Ethereum (ETH) co-founder Vitalik Buterin, have invested millions of dollars in privacy protocol Nocturne Labs.
Ethereum-based privacy protocol Nocturne Labs October 25 According to the statement made on the day Vitalik Buterin, Bain Capital Crypto, Polychain Capital, Robot Ventures from many investors including 6 million dollars worth seed investment (seed funding) collected.
CEO of Nocturne Labs Luke Tchang While he said this was a token-based equity round, the company valuation about did not comment.
US-based Nocturne allows users to Transact anonymously within the Ethereum ecosystem aims to enable. If the process is successful, Nocturne Labs will zero knowledge for Ethereum using technology private accounts will activate its transactions.
CEO Tchang said in a speech about the project that Nocturne Labs is working for the Ethereum ecosystem.the anonymity to cry He conveyed it with the following expressions:
Users will have ‘internal’ accounts within Nocturne and buy and sell funds from these accounts anonymously (not all linked to the same address).
Ethereum mixers have recently with US institutions Reminding that both global sanctions are the target, Tchang said that the privacy protocol offered by Nocturne will be more compatible with regulations he suggested.
The CEO stated that the service offered by Nocturne will operate like a regular Ethereum account, but Thanks to zero knowledge technology He stated that it will have a structure that provides confidentiality:
If you had a platform that felt like a regular Ethereum account but with asset and transaction privacy, that would have a better chance of wider adoption.
In the past period Tornado Cash Ethereum privacy protocols like US Department of the Treasury (DOJ) It was sanctioned by the Office of Foreign Assets Control (OFAC), an enforcement agency.
US front just 1 week ago terrorist organizations He pointed out that he collected donations through cryptocurrencies and pointed out “cryptocurrency mixers” as the primary money laundering problem.