Lynex DEX to Incorporate ZK Proofs Courtesy of Salus Partnership

2 months ago 20
MyIPFS Script: Gateway to Your IPFS Network

Coinspeaker
Lynex DEX to Incorporate ZK Proofs Courtesy of Salus Partnership

Lynex and Salus are teaming up to deliver the first ZK integration on Linea. According to an announcement from blockchain security firm Salus on February 14, the partnership, dubbed zkLynex, will introduce new standards of confidentiality and efficiency to Lynex, the popular DEX operating on Linea. The Linea network’s ambition to build the most secure zkEVM ecosystem in web3 makes it the perfect host for the collaboration.

A Valentine’s Day Gift

Lynex and Salus revealed their engagement on Valentine’s Day in a neat display of promotional chutzpah. But while the newfound union is now very public knowledge, the pairing will mean increased privacy and confidentiality for all Lynex users.

The privacy benefits are thanks to ZK-proofs, which will ensure that trades on Lynex remain anonymous even through verification, enabling customers to trade with complete confidence and confidentiality.

The benefits won’t stop at privacy alone, though. Another boon of the union will be faster and le...


BitNews.press shares this Content with License.

Read Entire Article

Lynex DEX to Incorporate ZK Proofs Courtesy of Salus Partnership