AztecConnect

  • AztecNetwork to gradually close down DeFi privacy bridge

    On March 13, AztecNetwork, the privacy and expansion solution based on ZKRollup, announced that it would gradually close the DeFi privacy bridge project AztecConnect, and would disable the deposit of funds from zk.money and other front-end (such as zkpay.finance) into the AztecConnect contract in a week, but users could withdraw money for free within a year. The Aztec team is expected to completely abandon the AztecConnect contract in a year, and all Rollup functions will be stopped. Aztec Network announced that it will gradually close the DeFi privacy bridge project Aztec Connect, and will focus on developing new products based on Noir language in the future Analysis based on this information:The AztecNetwork is a decentralized finance privacy solution based on ZKRollup technology. Recently, the company announced its decision to gradually close down its DeFi privacy bridge project, AztecConnect. This decision has left many industry experts and enthusiasts guessing about the reasons behind it. Based on the announcement, the company will…

    03/13/2023
    121