Nocturne Protocol Launches on Ethereum Mainnet
Nocturne, a protocol enabling on-chain private accounts, has successfully deployed Nocturne version one to the Ethereum mainnet. This milestone marks a significant step towards a more private and accessible Ethereum.
For the first time, users will have access to a compatible and user-friendly product resembling a private on-chain account. Nocturne version one functions as another account rather than a distinct tool or ecosystem.
Users will find transacting with Nocturne similar to using a smart contract wallet, with the added benefit of privacy. Additionally, it is currently compatible with any DeFi protocol that represents state via output tokens like Uniswap swap tokens, Aave aTokens, Compound cTokens, and more.
Privacy – Essential for Ethereum’s Growth
Although DeFi and other on-chain activities have grown in popularity, privacy concerns have hindered broader acceptance and use of crypto as money. Recognizing this barrier, Nocturne aims to address these critical privacy concerns head-on.
Nocturne’s future vision is to make the experience so seamless that every Ethereum user automatically has a private account that mirrors their public account. As they continue building new versions, they plan to transition to a more permissionless protocol and improve the compatibility of Nocturne accounts with EOAs and smart accounts.
How to Access Nocturne Version One
Nocturne version one is live and can be accessed through a dedicated private vault UI, allowing users to discreetly manage their assets. The current UI capabilities include deposits, transfers to new burner addresses, private swaps, and staking. To get started, visit the website.
About Nocturne Labs
Nocturne Labs is committed to addressing critical privacy and user experience challenges within the Ethereum ecosystem. With a pioneering protocol for private accounts, they enable users to transact safely with built-in privacy.
Backed by notable investors such as Bain Capital Crypto, Polychain Capital, Bankless, and Vitalik Buterin, Nocturne is led by an experienced team dedicated to enabling a more secure and accessible Ethereum.
Hot Take: How Nocturne’s Protocol Could Revolutionize Ethereum Privacy
Nocturne’s successful deployment of version one on the Ethereum mainnet marks a significant milestone in providing users with accessible and user-friendly private on-chain accounts. This move towards enhancing privacy could revolutionize how people perceive and use cryptocurrency for various transactions.
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