NEAR Intents and Zcash: A New Era of Privacy in Crypto

NEAR Intents and Zcash: A New Era of Privacy in Crypto

user avatar

by Kenji Takahashi

5 months ago

Made with AI


In a recent interview, Arthur Hayes, co-founder of BitMEX, discussed the groundbreaking potential of NEAR Intents in improving the privacy features of Zcash. The publication demonstrates positive momentum in the developments surrounding this innovation, which is set to transform how users conduct private transactions in the cryptocurrency landscape.

NEAR Intents: Анонимные транзакции криптовалюты

Hayes emphasized that NEAR Intents enables users to send any cryptocurrency asset anonymously over the internet. This includes the ability to transfer shielded Zcash to other assets, such as USDT on the TRON network, marking a significant leap forward in privacy-focused transactions.

Достижения NEAR Intents

Supporting Hayes' insights, Illia Polosukhin, co-founder of NEAR, revealed that NEAR Intents has achieved nearly 20 billion in lifetime transaction volume, resulting in considerable fee generation. This impressive milestone underscores the growing utility of NEAR Intents in the crypto ecosystem.

Влияние на принятие криптовалют

The implications of this development are profound, as it could drive greater adoption of both Zcash and NEAR. As privacy becomes an increasingly critical concern for users, these tools may emerge as essential components in the ongoing evolution of secure cryptocurrency transactions.

The XRP Ledger recently integrated zero-knowledge proof technology, enhancing its privacy features and attracting institutional interest. This development contrasts with the advancements in NEAR Intents discussed by Arthur Hayes, highlighting the evolving landscape of privacy in cryptocurrency. For more details, see XRP Ledger.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.

user avatarRajesh Kumar

Ethereum's Glamsterdam Upgrade Scheduled for Hoodi Test Network

Ethereum's next major upgrade, Glamsterdam, is set to activate on the Hoodi test network on October 26, marking a significant step in testing changes to block production and execution costs.

user avatarMiguel Rodriguez

International Crackdown on West African Scam Networks Results in 28 Arrests

An international effort against West African scam networks has led to 28 arrests and the removal of over 37 million accounts linked to fraudulent activity.

user avatarLuis Flores

Stablecoin Payment Transactions Surge Despite Flat Supply

A new report reveals a significant increase in stablecoin payment transactions, contrasting with stagnant supply levels.

user avatarArif Mukhtar

MARA Holdings Transfers 1,000 BTC to Exchanges Amid Market Scrutiny

MARA Holdings has transferred approximately 1,000 BTC to Binance and Gate over the past five days, raising questions about its treasury movements.

user avatarDavid Robinson

CryptoBilis Case Exposes Vulnerabilities in Hardware Wallets

The CryptoBilis case reveals vulnerabilities in hardware wallets, leading to $90 million in losses due to tampered devices.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.