Fluidkey has introduced it has opened its Optimism-basically based mostly alpha to extra customers, permitting them to examine their non-public solutions. Fluidkey seeks to resolve the transaction privacy express in EVM chains by leveraging ENS and stealth addresses, permitting customers to exhaust a original self-custodial asset for every cost, and segregating these movements to e book definite of linkability.
Fluidkey Opens Alpha to Variety out Fee Traceability in EVM Networks
Fluidkey, a privacy-oriented carrying out, has introduced that it has opened the doors for customers to be incorporated in its alpha testing operations on top of Optimism. The carrying out seeks to deal with the privacy express of public addresses in Ethereum Virtual Machine (EVM) chains, the assign all transactions are related to only 1 deal with.
Fluidkey combines Ethereum Name Carrier (ENS) domains with stealth addresses to this conclude, permitting the person to generate a sure self-custodial deal with for every cost made, addressing the privacy and likability points for EVM chains.
While it’ll be finished with out utilizing Fluidkey by managing a plethora of wallets manually, Fluidkey makes it transparent to the person, grouping all funds below the same ENS domain to be viewable below a centralized dashboard. The solution is designed to be integrated into every solution that permits for ENS domain integration, facilitating its implementation all over just a few projects with out rewriting system for this job.
While Fluidkey breaks cost linkability, preventing an external person from connecting a cost with a receiving deal with, it does allow transaction traceability. This eases the work for customers to explain the foundation funds to trusted third events love tax authorities or auditors, differentiating from mixers and different equal solutions.
The instrument is at this time handiest featured in Optimism, however it’s miles projected to be implemented on Ethereum Mainnet, Arbitrum, Polygon, Snide, and Gnosis Chain.
The carrying out has been in the works since 2023 when it changed into one of many winners of the Ethrome Web3 hackathon.
What end you take into chronicle Fluidkey and its advance to tackling the privacy points presented in EVN public chains? Expose us in the comments fragment below.
