Reef Finance, the builders of Reef Chain, a DeFi blockchain constructed with Substrate Framework, nowadays introduced its newest strategic integration with RAZE Community, a substrate-based cross-chain knowledge coverage protocol for decentralized finance (DeFi) and Internet 3.0.
Via this integration, Raze Community will enforce its homomorphic public key encryption into Reef Finance’s dApp ecosystem. permit Reef customers to stay confidential in the event that they so make a choice.
Within the Canarian model of the mainnet, the reliable Reef Chain mainnet will get started within the close to long term. Reef Chain is a customized blockchain that permits builders to create dApps or deploy present tasks from Ethereum.
Reef + raze
The function of Raze Community is to allow cross-chain cost and buying and selling programs that handle privateness; On the similar time, the transparency of consumer assets and behaviour is secure from surveillance.
Raze Community Builds Finish-to-Finish Anonymity Answer for Whole EVM Suitable DeFi and Internet 3.Zero Stack; Making use of zkSNARKs to the Zether framework to create an nameless Layer 2 module.
Use of the unconventional “one-of-many” evidence to cover sender and recipient identities and zK evidence schemes to make sure cost consistency. Raze Community will allow non-public on-chain transactions for all DeFi customers of Reef; and over the dozen of DeFi protocols already constructed on Reef Chain.
“We’re completely commemorated so that you can be offering Reef our knowledge coverage services and products someday. We consider that offering an additional layer of safety and anonymity for DeFi and Internet 3.Zero customers is prime to the way forward for area. “
Justin Kellerson, Project Leader at Raze Network