Incognito Mode for Ethereum
summary
Incognito offers transactional privacy for Ethereum by minting a privacy ethereum on an Incognito sidechain via a trustless bridge using shield/unshield instructions; the broker smart contract holds original ETH while relayers forward instructions and the sidechain mints/burns private tokens. It uses ring signatures, stealth addresses and confidential transactions, runs a sharded PoS chain with PBFT and ~2,600 validators, claims ~100 TPS today, has sheltered $35.5M of ETH/ERC20 and seen about $60M trading volume while integrating Uniswap and Kyber.
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chapters (6)
- 0:00Intro
- 0:30Crypto Surveillance
- 5:05What is Incognito
- 8:30Privacy Stack
- 12:20Crosschain Instructions
- 14:40Shield and Unshield
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