With all these news coming up, with politicians changing their views about crypto weekly, it is obvious that this this is a Golden standard dapp. Open source, permission-less, non custodial, non interactive, self hosted, with clear assumptions.
One of the first concerns when assessing privacy on blockchain is the immutability of transactions. The technology records every transaction on a public ledger, making it impossible for developers, miners, or users to alter transactions. The immutable design fullfills the idea of decentralisation, however, the public permanent records of every transaction can be a privacy concern .Optional privacy tools are essential.
Folks who care about their privacy are not criminals. This is a false narrative who serves the interests of the establishment.
Ergomixer is a privacy solution that allows users to send or receive tokens on Ergo without revealing their crypto wallet details such as wallet address or wallet balance. The non-custodial mixer uses Ergo’s Sigma Protocols to protect user identities when utilised.
With Rosen Bridge coming out , a second layer authentication bridge that relies on ERGO without requiring trust , other assets of other blockchains will be able to use this privacy tool. A framework for cross-chain settlement.
Links : https://www.youtube.com/watch?v=xutGmZ-4sWk
https://medium.com/@DemeterGroup/understanding-the-rosen-bridge-a-cross-chain-bridge-for-secure-value-transfer-7f0a82ada611
Ergo is an open-source blockchain network that draws and implements years of research in blockchain technology. Ergo has pioneered the Proof of Work extended UTXO model, an improved, smart-contract enabled version of Bitcoin’s UTXO.