AnomaPay Goes Live on BNB Chain
AnomaPay goes live on BNB Chain, offering private transfers for existing assets. This launch enables users to make confidential transfers of ERC-20 assets.
Introduction to AnomaPay
AnomaPay is a private payments application that allows users to make confidential transfers of existing ERC-20 assets without relying on specific privacy coins or chains. The application currently supports ETH, USDC, USDT, and XAN, with support for new assets coming soon.
Key Features of AnomaPay
Zero-Knowledge Proofs
AnomaPay enables the protection of payments, balances, and transaction history on public blockchains, with zero-knowledge proof times of approximately 15 seconds.
Onboarding and Payments
Users can onboard with existing wallets or via a passkey and send payments through links instead of hexadecimal addresses.
Benefits of AnomaPay
According to Adrian Brink, co-founder of Anoma, privacy is the last great barrier to true financial sovereignty and to attracting risk-averse users and businesses to the chains. Nina Rong, Chief Growth Officer of BNB Chain, stated that privacy generates the trust needed to onboard everyday users and institutions that are still outside the market.
Infrastructure and Scalability
Anoma's distributed operating system (DOS) is currently live on Ethereum mainnet, Base, Arbitrum, Optimism, and Aurora, in addition to the new BNB Chain integration. The company plans to progressively extend AnomaPay support to other blockchains and assets.
Key Takeaways
- AnomaPay offers private transfers for existing ERC-20 assets on BNB Chain.
- The application supports ETH, USDC, USDT, and XAN, with more assets coming soon.
- Zero-knowledge proof times are approximately 15 seconds.
- AnomaPay enables the protection of payments, balances, and transaction history on public blockchains.
Frequently Asked Questions
What is AnomaPay?
AnomaPay is a private payments application that allows users to make confidential transfers of existing ERC-20 assets.
How does AnomaPay work?
AnomaPay uses zero-knowledge proofs to enable private transfers, with proof times of approximately 15 seconds.
