Panama City, Panama, May 7th, 2024, Chainwire

Silent Protocol, a leading innovator in blockchain privacy technology, has introduced the Ghost Layer, a state-of-the-art modular Layer 1.5 designed for the Ethereum ecosystem. This new solution aims to offer compliant privacy enhancements to public blockchains, catering to both retail and institutional users.

The Ghost Layer utilizes a zero-knowledge (ZK) based system in conjunction with its unique 0VM technology. These developments enable private asset storage and facilitate the seamless transfer of value across different blockchains. It allows for easy integration of existing applications into private workflows by creating access channels to various execution layers.

Novachrono, the founder of Silent Protocol, defines the Ghost Layer's position in the blockchain hierarchy as a unique Layer 1.5, combining the processing power of the base layer with enhanced privacy and interoperability features.

The launch of EZEE in 2023 addressed the challenge of state denial and introduced a composable architecture supporting functional privacy. Additionally, the Silent Compliance VM was developed to prevent misuse of data by unauthorized entities.

Silent Protocol's Co-founder and CTO, İsa Sertkaya, highlights the strategic advantage of the Ghost Layer, emphasizing its horizontal composability across different chains to enhance modularity and support Ethereum assets.

The use of 0VM technology in the Ghost Layer enables system advancements, update verification, and state validation through zksnarks on the base ledger.

This unveiling demonstrates Silent Protocol's dedication to creating a compliant and composable framework that allows institutions to securely leverage Ethereum while maintaining privacy. Developers can transform existing applications into privacy-preserving 0dapps across multiple blockchains, preserving liquidity on the mainnet.

About Silent Protocol

Silent Protocol is a leading entity in blockchain privacy technology, committed to improving security and compliance in blockchain applications without compromising performance. The team at Silent Protocol has developed scalable, privacy-focused frameworks like the EZEE framework and Silent Compliance VM, empowering developers and institutions to create secure, privacy-preserving platforms and promote interoperability among diverse blockchain systems.