AnonZK, a decentralized multi-chain privacy ecosystem. Discover its characteristics as well as the direct access to its official website.
AnonZK is a decentralized privacy ecosystem that exists to both improve and maintain privacy on the blockchain, allowing it’s users complete peace of mind.
AnonZK and its the Mixer (Incognito)
Incognito is a privacy tool known as a mixer, which we developed to utilise zkSNARKs.
It is a privacy-masking tool that allows users to send and receive cryptocurrencies anonymously, whilst keeping their identity and transaction history hidden.
Incognito works by breaking the link between the original sender and receiver of a transaction through a process of obfuscation. ZkSNARKs, which stands for Zero-Knowledge Succinct Non-Interactive Argument of Knowledge, is a type of technology that enables proof of a statement without revealing the statement itself. In the context of a crypto mixer, it allows the verification of a transaction’s validity without revealing any information about the sender or receiver.
The Benefits
Online Privacy and safety
Crypto users are subject to malicious attacks and attempts of social engineering on a daily basis. Incognito improves blockchain privacy immensely, which can make it impossible for preying eyes to link transactional information back to you.
Private Crypto Payments
Send and receive cryptocurrencies without garnering unwanted attention to your main wallet/s, that are often directly linked to you via exchanges and so forth.
Real-world anonymity
Mass adoption of crypto is inevitable at this point, which means it’s more important than ever to separate your online identity if you value your privacy. It’s no secret that your transaction history is forever on the blockchain, but it’s never too late to start utilizing our tools for the future.
The Process
Here is the simplified process of the mixer is as follows:
The user deposits a set amount of cryptocurrency to the mixer’s address.
The mixer generates proof of the deposit transaction using zkSNARKs. This is cryptographic proof that the mixer has received the deposited funds from the user.
The user’s deposit is sent to a pool with other deposits of the same amount.
The user can choose to use their generated proof as a receipt and withdraw the amount originally deposited to the mixer at any given time.
Privacy Wallet (Anon)
Anon Wallet is a privacy-focused wallet that can be used as a browser extension or mobile app allowing users to access the entire ecosystem in one place.
Want to know more?
Direct access to the official website
