Fully secure and confidential cryptographic transaction support using the Panther protocol
Crypto transactions are becoming increasingly popular among all types of users globally. However, one of the issues most people face with digital currencies such as Bitcoin (BTC) and ethereum ETH), is that conversions are fully traceable and visible to everyone.
All financial transactions are also accessible to the general public, which makes it difficult, if not impossible, to maintain financial privacy.
It may be important to conduct confidential transactions for many reasons. For example, bad actors or criminal organizations may become a serious threat to legitimate consumers.
Everyone should be able to keep their financial records confidential, for their own safety and perhaps the safety of others as well.
There are many encryption related initiatives, which have been launched in order to provide a greater level of security and privacy for users.
Although these platforms are still in their early stages of development, they have shown us that it is certainly possible to conduct private crypto transactions.
Enable comprehensive privacy for crypto assets and crypto transactions
Panther Protocol is a decentralized solution that provides end-to-end privacy for any crypto asset.
This system is designed to protect the personal financial data and trading strategies of traders and investors in decentralized finance.
This protocol has been developed to ensure that all cryptocurrency transfers are conducted in a confidential manner, and it oversees the minting and burning of assets that are described as secret copies for the real assets they represent.
Assets are basically synthetic assets that are 1:1, secured to the actual assets they represent, and kept in a safe.
Assets can be routed discreetly over a network Panther, to be used in decentralized finance in a fully interconnected manner. The protocol also pushes the boundaries of game theory to reliably value the network's privacy service.
The protocol will initially be deployed on the Ethereum network, with multi-chain services provided. During the first quarter of the year 2022, will introduce the first release of privacy across the series DEX (Decentralized or non-custodial exchange platform) on a second layer solution.
company founders Panther too Oliver Gale, a famous businessman and experienced technology scientist, and Dr. Anish Mohammed, Cryptographic Analyst and Proof Expert ZK.
Advanced tools can compromise the privacy of cryptographic transactions
Although blockchain, distributed ledger technology (DLT) is considered a major innovation, and aims to ensure privacy to some extent, but individuals or organizations with advanced tools and expertise, have devised ways to analyze this technology's data and obtain detailed insights from their investigations.
This can become a serious issue, as many of the transactions associated with Di-Fi contain highly sensitive financial details, blockchain platforms or DLT Conventional funds are not able to guarantee completely confidential money transfers.
There have been several attempts to address privacy issues (or lack thereof) on Blockchain networks, however, the preservation of privacy for individual users or large organizations has not been entirely successful.
Since this is such a big problem, the protocol team decided Panther Create a viable solution that will ensure complete financial privacy.
Designed to ensure complete confidentiality of transactions
A protocol has been developed Panther With the aim of providing complete privacy when conducting financial transactions. It uses tokens in a highly complex system, providing users with complete control over how to access and manage their personal data.
Currently, the protocol team offers a higher level of security, compared to most other solutions on the market.
However, a decision was made to raise the standards even higher, so that the end users get the best solutions. As already mentioned, the team created zAssets, which represents 1-1 of a given symbol in a secret system.
The process of its creation aims to ensure complete privacy, by integrating multiple layers of protection, in order to protect sensitive information of users.
zAssets has become the industry standard
The assets have been developed so that they can become the gold standard of the crypto industry, and the developers of the platform want to maintain complete privacy of transactions, and they intend to protect users from cybersecurity threats.
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