Fluidkey has introduced it has opened its Optimism-based alpha to extra customers, permitting them to check their personal options. Fluidkey seeks to resolve the transaction privateness downside in EVM chains by leveraging ENS and stealth addresses, permitting customers to make use of a brand new self-custodial asset for every cost, and segregating these actions to keep away from linkability.
Fluidkey Opens Alpha to Sort out Fee Traceability in EVM Networks
Fluidkey, a privacy-oriented challenge, has introduced that it has opened the doorways for customers to be included in its alpha testing operations on high of Optimism. The challenge seeks to sort out the privateness downside of public addresses in Ethereum Digital Machine (EVM) chains, the place all transactions are related to only one handle.
Fluidkey combines Ethereum Title Service (ENS) domains with stealth addresses to this finish, permitting the person to generate a unique self-custodial handle for every cost made, addressing the privateness and likability points for EVM chains.
Whereas this may be achieved with out utilizing Fluidkey by managing a plethora of wallets manually, Fluidkey makes it clear to the person, grouping all funds beneath the identical ENS area to be viewable beneath a centralized dashboard. The answer is designed to be built-in into each answer that permits for ENS area integration, facilitating its implementation throughout a number of initiatives with out rewriting software program for this job.
Whereas Fluidkey breaks cost linkability, stopping an exterior person from connecting a cost with a receiving handle, it does allow transaction traceability. This eases the work for customers to reveal the origin funds to trusted third events like tax authorities or auditors, differentiating from mixers and different related options.
The software is at the moment solely featured in Optimism, however it’s projected to be applied on Ethereum Mainnet, Arbitrum, Polygon, Base, and Gnosis Chain.
The challenge has been within the works since 2023 when it was one of many winners of the Ethrome Web3 hackathon.
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