Hana Network: Layer 0 for Privacy and Multi-chain Interaction
April 7th, 2024

Hana Network: Layer 0 for Privacy and Multi-chain Interaction

Description: Hana Network is a breakthrough privacy hub for all blockchain chains, providing on-chain privacy for existing chains and arbitrary assets like Bitcoin.

Structure and Features:

  • Layer 0 for Privacy: A privacy computation layer based on zk-UTXO, enabling privacy for various types of assets. This facilitates private transactions without revealing transaction history.

  • Hana Transporter Protocol: A cross-chain protocol connecting Layer 0 with other chains, enabling secure and flexible asset transfers.

  • Hana SDK: A flexible SDK easily integrated into existing dapps and wallets, allowing users to conduct private transactions on any chain or dapp.

Benefits and Applications:

  • Swap and Transfer across Chains: Users can swap or transfer private assets between any chains without revealing transaction history, ensuring safer and more private transactions.

  • Integration with Hana SDK: Integrating Hana SDK into existing dapps or wallets enables users to conduct private transactions on any chain or dapp, opening up new opportunities for blockchain usage and enhancing user security.

EigenLayer and Babylon: Collaborative Relationship

  • EigenLayer:

    • A Proof of Stake (PoS) blockchain built on Cosmos SDK and Tendermint, providing high security and interaction. Collaborates with Hana Network to enhance security and interaction for users and developers.
  • Babylon:

    • A security protocol based on Bitcoin, collaborates with Hana Network to provide the unbreachable security of the Bitcoin network. This collaboration opens up new opportunities for using Bitcoin and blockchain in the real world.

Conclusion: Hana Network not only creates a safe, private, and user-friendly environment for users but also collaborates closely with projects like EigenLayer and Babylon to enhance security and interaction. This translates into opening up new opportunities for blockchain applications and sustainable development of the global blockchain community.

➫Official channels:

X:

Website: https://hana.network

Telegram: https://t.me/HanaNetworkOfficial

Medium:

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