Silent Protocol, a pacesetter in blockchain privateness expertise, has introduced its Ghost Layer, an modern modular Layer 1.5 tailor-made for Ethereum (ETH), in keeping with the data shared with Finbold on Might 7.
The brand new launch goals to ship compliant privateness enhancements to public blockchains, catering to particular person and institutional purchasers alike.
The launch additionally underscores Silent Protocol’s dedication to setting up a compliant and composable framework, permitting establishments to securely and privately leverage Ethereum.
Ghost Layer 0VM expertise
By opening entry channels to numerous execution layers, Ghost Layer permits for straightforward integration of present functions into personal workflows.
It leverages a zero-knowledge (ZK) primarily based system together with its proprietary 0VM expertise, which permits personal asset storage and facilitates worth transfers throughout totally different blockchains.
Novachrono, the founding father of Silent Protocol, elaborated on the Ghost Layer’s position inside the blockchain panorama, stating:
“For those who create a ledger whose state is set by the bottom ledger however the computation is saved elsewhere — you possibly can name it a Layer 1.5.”
The strategic significance of Ghost Layer
Isa Sertkaya, Co-founder and CTO of Silent Protocol, highlights the strategic significance of the Ghost Layer:
“Rooted out of Ethereum and supporting Ethereum belongings, the Ghost Layer achieves modularity not by capturing worth vertically however by enabling horizontal composability throughout totally different chains.”
By implementing 0VM expertise, the Ghost Layer advances system state whereas verifying updates and using the bottom ledger for state validation by way of zksnarks.
Builders on varied blockchains now even have the chance to rework their present functions into privacy-preserving ones, referred to as 0dapps, whereas retaining the liquidity obtainable on the mainnet.
Economical Zero Information Execution Surroundings
In 2023, Silent Protocol launched the Economical Zero Information Execution Surroundings (EZEE), introducing a completely composable structure supporting purposeful privateness.
This framework empowers builders to create apps with out the constraints of remoted techniques.
Moreover, Silent Protocol developed the Silent Compliance VM, a decentralized protocol that selectively reveals knowledge to stop misuse by malicious actors.