Panther Protocol to Help Conduct Compliant, Confidential Virtual Currency Transactions

Panther Protocol to Help Conduct Compliant, Confidential Virtual Currency Transactions


These may be further supplemented by off-chain metadata “to unmask the real
But recent breakthroughs in cryptography and privacy-focused tech have enabled us to ensure adequate privacy when conducting blockchain transactions. Notably, Panther Protocol has leveraged the latest technology and innovations to create their solution for confidential and compliant crypto transactions.
The protocol’s founders are Oliver Gale, a well-known tech entrepreneur and Fintech-focused professional; and Dr Anish Mohammed, an experienced cryptographer and ZK-proofs expert.

Blockchain Analytics Firms Making Easy to Identify Financial Information

The Panther Protocol may monitor the minting and burning of zAssets, which are described as being confidential clones to the real Assets they represent.
world identity behind the wallet addresses,” the Panther Protocol team notes. In their whitepaper, they cite research from Angeris et al., which reveals that in the context of a type of decentralized exchange, called Constant Function Market Maker (CFMM), “privacy is impossible with the usual implementations of CFMMs under most reasonable models of an adversary and provide some mitigating strategies.”

A Decentralized Protocol for Compliant and Fully Private Crypto Transfers

are “all in the clear for all to see,” the Panther Protocol team notes in their whitepaper.
Advertise with us : Advertise
Many established institutions might be eager to explore DeFi applications, however, they are looking for greater financial privacy and security. First generation and second-generation blockchains like Bitcoin and Ethereum are not supporting privacy features by default. Every BTC or ETH transaction that’s conducted can be publicly viewed on the blockchain. 
Blockchains may be considered a “treasure trove” of data representing peoples’ private remittance payments, financial status, NFT purchases, currency exchanges, and other highly-sensitive information. 
Panther Protocol is a newly-introduced decentralized solution that aims to offer end-to-end privacy for any digital asset. It will protect personal financial data and trading strategies for DeFi investors by ensuring that all virtual currency transfers are carried out in a confidential manner.

Blockchains Are Ideal for “Targeted Monitoring” and “Mass Surveillance”

To achieve network consensus, the typical blockchain or DLT model requires complete 
Companies like CipherTrace, which was recently acquired by Mastercard, and Chainalysis, which has raised hundreds of millions of dollars to support its product development, are now leading the way when it comes to monitoring blockchain activity. These tech firms may also be working cooperatively with various other organizations, which means that blockchain-based transactions are being closely monitored.
Although blockchains aim to take away control from centralized institutions, their openness makes them an ideal platform for “targeted monitoring” and “mass surveillance,” the Panther team explains.
Panther Protocol utilizes game theoretic bounds to price the privacy service of the network. The protocol will be introduced on the Ethereum network and cross-chain solutions will be launched afterwards. In Q1 2022, Panther will publish Version 1.0 of a Privacy Cross-chain DEX (or non-custodial exchange) on a Layer-2 solution.
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
While it’s understandable that law enforcement may want to identify potentially fraudulent money transfers or those related to terrorist or illicit activities, there has to be some balance when it comes to maintaining a certain level of financial privacy. This can also be achieved while maintaining regulatory compliance.
transaction transparency. This means that all transaction data, including the sender and recipient addresses, value, currency or token type, smart contract data, and transaction timing
Virtual currency transactions have become increasingly common among a wide range of users. Consumers and organizations across the globe are sending and receiving digital currencies such as Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH), among many others. 
zAssets are synthetic assets that are 1:1 collateralized to the actual users’ assets they represent and reside in a secure vault. zAssets may be routed via the Panther network in a private manner for use on DeFi platforms, in a completely composable fashion.

Blockchain or distributed ledger tech is “celebrated for paving the way to decentralization by removing censorship and anti-competitive power from traditional centralized institutions,” the Panther Protocol team writes in its whitepaper. – Bitcoin News source since June 2011 –
While permissionless and decentralized cryptocurrencies have their benefits, they do present certain challenges for end-users. One of the main issues that many individuals and institutions are concerned about is financial privacy. This problem has become even more evident with the rise of decentralized finance (DeFi). 
Everything on this website can be seen as Advertisment and most comes from Press Releases, is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.

Send bulk sms with Bitcoin and don’t worry If your link gets reported. We are constantly monitoring your links and We’ll pause your campaigns if any issue…