Aztec Network

On April 25th, it was announced that Aztec Network, a privacy and expansion solution based on ZK Rollup, has launched its second round of grant programs, focusing on providing gran

It is reported that Aztec Network did not decide to abandon its Aztec Connect private payment product due to regulatory concerns, but only for \”commercial\” reasons. The company is

On March 21st, Aztec Network, a privacy and expansion solution based on ZK-Rollup, officially announced that the deposit function of its DeFi privacy bridge project, Aztec Connect,

According to reports, Aztec Network officially tweeted that the new blockchain network planned to be launched by the project is not Layer1, but will be an updated and more powerful Rollup Layer2 using Noir language. Aztec Network: The planned new chain is not Layer1, but a more powerful Rollup Layer2 Analysis based on this information:Reports have emerged revealing that Aztec Network, a blockchain platform with a focus on privacy and scalability, is set to launch an updated and more powerful version of its Rollup Layer2 solution using Noir language instead of Layer1. The announcement was made via the platform’s official Twitter account, where they stated that the upgraded Rollup Layer2 is not going to be built on Layer1, as previously expected. Instead, it will be built using the new Noir language, which is specifically designed to improve the scalability and privacy aspects of blockchain-based platforms. Aztec Network is a blockchain project that leverages zero-knowledge proofs to keep transactions private and…

On March 14, Aztec Network, a privacy and expansion solution based on ZK Rollup, said that it had not been contacted by the regulatory authority and that closing Connect was a commercial consideration; The maintenance cost of Aztec Connect is not low; The team is focusing on the next generation of default privacy programmable smart contract protocol Noir (using the bitcoin style UTXO model, which will abstract zero-knowledge proof and cryptography, and application developers can develop Noir smart contracts without understanding cryptography); Still focus on Layer2, not Layer1. （ ChainFeeds） Aztec Network: not contacted by the regulatory authority, closing Connect is a commercial consideration Analysis based on this information:Aztec Network, a privacy and expansion solution based on ZK Rollup, said in a statement on March 14 that it had not been contacted by regulatory authorities and that closing Connect was a commercial consideration. The company cited the high maintenance costs of Aztec Connect as a reason for its closure. Instead,…

On March 13, The relevant head of Aztec Network, a privacy and expansion solution based on ZK-Rollup, responded in the community: “The decision to close Aztec Connect is mainly for commercial reasons, and there is no regulatory agency to contact the team. The privacy of Aztec Connect has led to some problems in the design and increased maintenance costs. The company is focusing on the next generation of protocols, which will support fully programmable smart contracts, which are privacy by default. Considering the scale of the new project, we need to focus on all engineering resources to complete it. We still Focus on L2 Rollup and never establish L1. The strategy has never changed but is entering the next stage. “ Aztec responded by “shutting down Aztec Connect”: mainly for commercial reasons, not related to regulation Analysis based on this information:Aztec Network recently announced the closure of its Aztec Connect service, their privacy and expansion solution based on ZK-Rollup. The…