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, the shielded asset hub enabling shielded cross-chain transactions, has officially published its genesis block, marking the launch of its mainnet. Along with the commencement of staking and governance, this marks the start of the first phase of Namada’sdecentralized mainnet rollout. This marks an important step forward, offering comprehensive data protection and selective disclosure across the multichain landscape.
“Namada is an important missing link for the crypto space. Real adoption has been held back by the lack of user control over sensitive data,” said Namada cofounder Adrian Brink. “The goal of Namada is to give both individual and institutional users, who may have been waiting on the sidelines, the same freedoms and protections they have off-chain.
Shielded Actions: Users can engage in cross-chain activity, such as DeFi, while keeping their personal data shielded. User data is protected even when interacting with transparent dApps and chains. Public Goods Funding : A portion of the NAM inflation is dedicated to funding public goods, supporting projects that benefit the broader Namada ecosystem and beyond.
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