Silent Protocol unveils Ghost Layer, a modular Layer 1.5 for Ethereum
Silent Protocol, a pacesetter in blockchain privateness know-how, has introduced its Ghost Layer, an modern modular Layer 1.5 tailor-made for Ethereum (ETH), based on the knowledge shared with Finbold on Could 7.
The brand new launch goals to ship compliant privateness enhancements to public blockchains, catering to particular person and institutional purchasers alike.
The launch additionally underscores Silent Protocol’s dedication to setting up a compliant and composable framework, permitting establishments to securely and privately leverage Ethereum.
Ghost Layer 0VM know-how
By opening entry channels to numerous execution layers, Ghost Layer permits for straightforward integration of present functions into non-public workflows.
It leverages a zero-knowledge (ZK) based mostly system together with its proprietary 0VM know-how, which allows non-public asset storage and facilitates worth transfers throughout totally different blockchains.
Novachrono, the founding father of Silent Protocol, elaborated on the Ghost Layer’s function throughout the blockchain panorama, stating:
“In the event you create a ledger whose state is determined by the bottom ledger however the computation is saved elsewhere — you may name it a Layer 1.5.”
The strategic significance of Ghost Layer
Isa Sertkaya, Co-founder and CTO of Silent Protocol, highlights the strategic significance of the Ghost Layer:
“Rooted out of Ethereum and supporting Ethereum belongings, the Ghost Layer achieves modularity not by capturing worth vertically however by enabling horizontal composability throughout totally different chains.”
By implementing 0VM know-how, the Ghost Layer advances system state whereas verifying updates and using the bottom ledger for state validation by means of zksnarks.
Builders on numerous blockchains now even have the chance to rework their present functions into privacy-preserving ones, often called 0dapps, whereas retaining the liquidity accessible on the mainnet.
Economical Zero Data Execution Atmosphere
In 2023, Silent Protocol launched the Economical Zero Data Execution Atmosphere (EZEE), introducing a completely composable structure supporting useful privateness.
This framework empowers builders to create apps with out the constraints of remoted programs.
Moreover, Silent Protocol developed the Silent Compliance VM, a decentralized protocol that selectively reveals information to stop misuse by malicious actors.
