Launched First Privacy Web App: Subsecond Verification Speed on Arbitrum and Aleph Zero EVM Platforms
Updated Version
Welcome to the Daily Hodl, your top destination for all things finance and cryptocurrency! Grab a cup of joe and let's dive right in.
Today, we're talking about Common, a brand new DeFi platform that's shaking up the crypto world! This privacy-focused platform, developed on Aleph Zero's infrastructure, has dropped its web app with plans to launch a mobile version by the end of May 2025. Here's what you need to know:
Commence Privacy, Now!
Say goodbye to messy privacy configurations and hello to Common, the simplest and most accessible way to protect your cryptocurrency transactions. Common works with popular wallets like MetaMask, Ledger (via Metamask), or Rabby, so you can start trading privately in no time with absolutely zero hassle!
Shielded Transactions, Instantaneously
The magic behind Common's efficiency lies in its 'shielding' mechanism. Imagine depositing your tokens into a super-secret pool that breaks the links between your public wallet activity and future transactions. That's right—it's just like walking through cloak and dagger territory! And when you're ready to spend those bad boys, simply 'unshield' them by withdrawing them to a fresh public address. Your privacy is preserved at every step without sacrificing compliance or auditing capabilities.
Unlike other privacy solutions, Common maintains the original transaction's provenance, ensuring there's no confusion when you need it most. Plus, those sub-second 'proving times' ensure that privacy doesn't slow you down—transactions are verified lightning-fast!
Multichain Privacy in Your Pocket
Common supports Arbitrum and Aleph Zero's EVM, with plans to expand its reach to additional chains like Base and Ethereum very soon. So whether you're traversing the Arbitrary lands or showcasing your Ethereal elegance, Common's got your back when it comes to maintaining your privacy.
Privacy, Decentralized and Non-Custodial
As a DeFi platform at heart, Common is built on open-source, audited smart contracts to ensure the system's integrity. By putting faith in the blockchain, not some shady third party, you can rest easy knowing that your assets are well-protected and under your control at all times.
The future looks bright for Common, with plans to introduce features like shielded yield, smart yield automation, staking rewards, and multi-chain privacy in the pipeline. Get ready to dominate the crypto world with the power of privacy at your fingertips!
Stay tuned for more updates, and be sure to check out the Common website for the latest developments and early access applications. Let's secure our financial freedom together, one private transaction at a time! 🕵️♂️
- In the ever-evolving world of cryptocurrency, Common, a new decentralized finance (DeFi) platform, is making waves by offering a simplified way to shield transactions, aiming to revolutionize privacy in the industry.
2.common offers a unique 'shielding' mechanism, enabling users to deposit tokens into a confidential pool, thereby disconnecting their public wallet activity from future transactions, offering a cloak-and-dagger experience in the world of digital assets.
- Supporting multiple blockchains such as Arbitrum, Aleph Zero's EVM, Base, and soon Ethereum, Common ensures that users can maintain privacy across various platforms, essentially offering multichain privacy solutions in their pockets.
- Building on open-source, audited smart contracts, Common ensures the integrity of its system, making it a non-custodial, decentralized option for individuals seeking control over their cryptocurrency transactions.
- boasting an array of upcoming features such as shielded yield, smart yield automation, staking rewards, and multi-chain privacy, Common aims to empower users to assert their financial freedom through private, secure, and lightning-fast transactions.
